Mevim SpA (MIL:MEV) Days Payable : 24.39 (As of Jun. 2023)

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What is Mevim SpA Days Payable?

Mevim SpA's average Accounts Payable for the six months ended in Jun. 2023 was €0.53 Mil. Mevim SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €3.97 Mil. Hence, Mevim SpA's Days Payable for the six months ended in Jun. 2023 was 24.39.

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

MIL:MEV' s Days Payable Range Over the Past 10 Years
Min: 29.83 Med: 187.18 Max: 1312.85
Current: 29.83

During the past 13 years, Mevim SpA's highest Days Payable was 1312.85. The lowest was 29.83. And the median was 187.18.

MIL:MEV's Days Payable is ranked worse than
81.19% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs MIL:MEV: 29.83

Mevim SpA's Days Payable declined from Jun. 2022 (56.87) to Jun. 2023 (24.39). It may suggest that Mevim SpA accelerated paying its suppliers.

Mevim SpA Days Payable Historical Data

The historical data trend for Mevim 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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Mevim SpA Days Payable Chart

Mevim SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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356.32

205.36

271.70

67.93

42.66

Mevim 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															296.88	69.58	56.87	36.18	24.39

Competitive Comparison of Mevim SpA's Days Payable

For the Real Estate Services subindustry, Mevim 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.

Mevim SpA's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mevim SpA's Days Payable distribution charts can be found below:

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

Mevim 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.

Mevim 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
=	( (0.453	+	0.438)	/	2 )	/	3.812	*	365
=	0.4455					/	3.812	*	365
=	42.66

Mevim 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
=	( (0.438	+	0.623)	/	2 )	/	3.97	*	365 / 2
=	0.5305					/	3.97	*	365 / 2
=	24.39

Mevim SpA Days Payable Related Terms

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Mevim SpA (MIL:MEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mevim SpA (MIL:MEV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Giuseppe Pisanell 4, Rome, ITA, 00196

Website

http://www.imvest.it

Mevim SpA Formerly Imvest Spa is a real estate company. The company has two divisions namely Income, which includes real estate leasing services relating to commercial and office buildings. Trading and development include the purchase and sale of real estate.

Mevim SpA (MIL:MEV) Headlines

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