Ecosuntek SpA (MIL:ECK) Days Payable : 19.02 (As of Jun. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Ecosuntek SpA Days Payable?

Ecosuntek SpA's average Accounts Payable for the six months ended in Jun. 2023 was €25.6 Mil. Ecosuntek SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €245.9 Mil. Hence, Ecosuntek SpA's Days Payable for the six months ended in Jun. 2023 was 19.02.

The historical rank and industry rank for Ecosuntek SpA's Days Payable or its related term are showing as below:

MIL:ECK' s Days Payable Range Over the Past 10 Years
Min: 0.38 Med: 110.46 Max: 2400.47
Current: 7.45

During the past 10 years, Ecosuntek SpA's highest Days Payable was 2400.47. The lowest was 0.38. And the median was 110.46.

MIL:ECK's Days Payable is ranked worse than
98.17% of 493 companies
in the Utilities - Regulated industry
Industry Median: 66.38 vs MIL:ECK: 7.45

Ecosuntek SpA's Days Payable increased from Jun. 2022 (0.60) to Jun. 2023 (19.02). It may suggest that Ecosuntek SpA delayed paying its suppliers.

Ecosuntek SpA Days Payable Historical Data

The historical data trend for Ecosuntek SpA's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ecosuntek SpA Days Payable Chart

Ecosuntek SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

88.80

94.10

96.20

24.98

0.38

Ecosuntek SpA Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															75.93	17.89	0.60	0.17	19.02

Competitive Comparison of Ecosuntek SpA's Days Payable

For the Utilities - Diversified subindustry, Ecosuntek SpA's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ecosuntek SpA's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ecosuntek SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Ecosuntek SpA's Days Payable falls into.

Ecosuntek SpA Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Ecosuntek SpA's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.247	+	0.556)	/	2 )	/	873.721	*	365
=	0.9015					/	873.721	*	365
=	0.38

Ecosuntek SpA's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.556	+	50.693)	/	2 )	/	245.871	*	365 / 2
=	25.6245					/	245.871	*	365 / 2
=	19.02

Ecosuntek SpA Days Payable Related Terms

Thank you for viewing the detailed overview of Ecosuntek SpA's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ecosuntek SpA (MIL:ECK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ecosuntek SpA (MIL:ECK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Madre Teresa di Calcutta, Gualdo Tadino, ITA, 06023

Website

http://www.ecosuntek.com

Ecosuntek SpA is an Italian company. It produces systems for renewable energy. The company manufactures photovoltaic plants, small wind turbines, solar and vacuum panels.

Ecosuntek SpA (MIL:ECK) Headlines

No Headlines