Gruppo Green Power SpA (MIL:GGP) Days Payable : 110.43 (As of Jun. 2020)

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What is Gruppo Green Power SpA Days Payable?

Gruppo Green Power SpA's average Accounts Payable for the six months ended in Jun. 2020 was €2.30 Mil. Gruppo Green Power SpA's Cost of Goods Sold for the six months ended in Jun. 2020 was €3.80 Mil. Hence, Gruppo Green Power SpA's Days Payable for the six months ended in Jun. 2020 was 110.43.

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

MIL:GGP's Days Payable is not ranked ^*
in the Semiconductors industry.
Industry Median: 51.61
* Ranked among companies with meaningful Days Payable only.

Gruppo Green Power SpA's Days Payable increased from Jun. 2019 (87.44) to Jun. 2020 (110.43). It may suggest that Gruppo Green Power SpA delayed paying its suppliers.

Gruppo Green Power SpA Days Payable Historical Data

The historical data trend for Gruppo Green Power 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.

Gruppo Green Power SpA Days Payable Chart

Gruppo Green Power SpA Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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82.88

131.20

127.52

119.59

77.47

Gruppo Green Power SpA Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Days Payable	Get a 7-Day Free Trial													132.04	94.21	87.44	87.65	110.43

Competitive Comparison of Gruppo Green Power SpA's Days Payable

For the Solar subindustry, Gruppo Green Power 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.

Gruppo Green Power SpA's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Gruppo Green Power SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Gruppo Green Power SpA's Days Payable falls into.

Gruppo Green Power 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.

Gruppo Green Power SpA's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (3.018	+	2.506)	/	2 )	/	13.013	*	365
=	2.762					/	13.013	*	365
=	77.47

Gruppo Green Power SpA's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

	Days Payable (Q: Jun. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2019 )	+	Accounts Payable (Q: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2020 )	*	Days in Period
=	( (2.506	+	2.089)	/	2 )	/	3.797	*	365 / 2
=	2.2975					/	3.797	*	365 / 2
=	110.43

Gruppo Green Power SpA Days Payable Related Terms

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Gruppo Green Power SpA (MIL:GGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Gruppo Green Power SpA (MIL:GGP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Varotara 57, Mirano, ITA, 30035

Website

http://www.gruppogreenpower.com

Gruppo Green Power S.p.A., provides services related to energy from renewable resources, such as water, sun, wind and geothermal energy. It offers photovoltaic systems, mini wind solar thermal systems and services.

Gruppo Green Power SpA (MIL:GGP) Headlines

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