Fincantieri SpA (MIL:FCT) Days Payable : 152.49 (As of Dec. 2023)

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What is Fincantieri SpA Days Payable?

Fincantieri SpA's average Accounts Payable for the six months ended in Dec. 2023 was €2,589 Mil. Fincantieri SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €3,098 Mil. Hence, Fincantieri SpA's Days Payable for the six months ended in Dec. 2023 was 152.49.

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

MIL:FCT' s Days Payable Range Over the Past 10 Years
Min: 110.23 Med: 157.75 Max: 178.75
Current: 160.58

During the past 13 years, Fincantieri SpA's highest Days Payable was 178.75. The lowest was 110.23. And the median was 157.75.

MIL:FCT's Days Payable is ranked better than
73.49% of 298 companies
in the Aerospace & Defense industry
Industry Median: 78.04 vs MIL:FCT: 160.58

Fincantieri SpA's Days Payable increased from Dec. 2022 (150.17) to Dec. 2023 (152.49). It may suggest that Fincantieri SpA delayed paying its suppliers.

Fincantieri SpA Days Payable Historical Data

The historical data trend for Fincantieri 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.

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Fincantieri SpA Days Payable Chart

Fincantieri SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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166.55

178.75

166.70

157.46

158.04

Fincantieri SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															153.87	163.80	150.17	171.98	152.49

Competitive Comparison of Fincantieri SpA's Days Payable

For the Aerospace & Defense subindustry, Fincantieri 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.

Fincantieri SpA's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Fincantieri SpA's Days Payable distribution charts can be found below:

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

Fincantieri 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.

Fincantieri SpA's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2693.601	+	2470.774)	/	2 )	/	5963.622	*	365
=	2582.1875					/	5963.622	*	365
=	158.04

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

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2706.815	+	2470.774)	/	2 )	/	3098.254	*	365 / 2
=	2588.7945					/	3098.254	*	365 / 2
=	152.49

Fincantieri SpA Days Payable Related Terms

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Fincantieri SpA (MIL:FCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fincantieri SpA (MIL:FCT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FNCNF:USA 0QWN:UK 1F8:Germany

Address

Via Genova No 1, Trieste, ITA, 34121

Website

https://www.fincantieri.com

Fincantieri SpA constructs cruise ships, ferries, naval vessels, and other ships. It has three segments: equipment, systems, and services; shipbuilding; and offshore. The company's high-technology equipment and systems for ships provide stabilization, directional control, and power generation. Moreover, product lifecycle management and training generate aftermarket sales. The offshore segment builds drillships and drilling rigs with capabilities to operate in water. The company operates in various countries spreading across four continents (Europe, North America, South America, and Asia). It is not dependent on any specific country, as Italy generates the most sales.