Hera SpA (MIL:HER) Days Payable : 57.40 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Hera SpA Days Payable?

Hera SpA's average Accounts Payable for the three months ended in Dec. 2023 was €2,243 Mil. Hera SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was €3,565 Mil. Hence, Hera SpA's Days Payable for the three months ended in Dec. 2023 was 57.40.

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

MIL:HER' s Days Payable Range Over the Past 10 Years
Min: 51.19 Med: 62.77 Max: 87.52
Current: 65.77

During the past 13 years, Hera SpA's highest Days Payable was 87.52. The lowest was 51.19. And the median was 62.77.

MIL:HER's Days Payable is ranked worse than
50.51% of 493 companies
in the Utilities - Regulated industry
Industry Median: 66.38 vs MIL:HER: 65.77

Hera SpA's Days Payable increased from Dec. 2022 (45.86) to Dec. 2023 (57.40). It may suggest that Hera SpA delayed paying its suppliers.

Hera SpA Days Payable Historical Data

The historical data trend for Hera 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.

Hera SpA Days Payable Chart

Hera SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

87.52

63.29

61.01

53.64

78.48

Hera SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															45.86	51.59	85.90	70.82	57.40

Competitive Comparison of Hera SpA's Days Payable

For the Utilities - Diversified subindustry, Hera 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.

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

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

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

Hera 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.

Hera 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
=	( (3093.1	+	2637.2)	/	2 )	/	13325.5	*	365
=	2865.15					/	13325.5	*	365
=	78.48

Hera 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1847.8	+	2637.2)	/	2 )	/	3564.7	*	365 / 4
=	2242.5					/	3564.7	*	365 / 4
=	57.40

Hera SpA Days Payable Related Terms

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

Hera SpA (MIL:HER) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

HERm:UK 0NVV:UK HE9:Germany

Address

Viale Carlo Berti Pichat nr. 2/4, Bologna, ITA, 40127

Website

https://www.gruppohera.it

Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates in environmental services (waste collection and treatment); energy services (distribution and sale of electricity and gas); and water services (waterworks, sewerage, and purification). Primarily, Hera operates in the provinces of Bologna, Rimini, Ravenna-Lugo, Forli-Cesena, and Imola-Faenza in northern Italy.

Hera SpA (MIL:HER) Headlines

No Headlines