Meglioquesto SpA (MIL:MQSPA) Days Payable : 86.14 (As of Jun. 2023)

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What is Meglioquesto SpA Days Payable?

Meglioquesto SpA's average Accounts Payable for the six months ended in Jun. 2023 was €12.98 Mil. Meglioquesto SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €27.51 Mil. Hence, Meglioquesto SpA's Days Payable for the six months ended in Jun. 2023 was 86.14.

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

MIL:MQSPA' s Days Payable Range Over the Past 10 Years
Min: 48.25 Med: 68.15 Max: 486.26
Current: 77.66

During the past 4 years, Meglioquesto SpA's highest Days Payable was 486.26. The lowest was 48.25. And the median was 68.15.

MIL:MQSPA's Days Payable is not ranked
in the Interactive Media industry.
Industry Median: 61.12 vs MIL:MQSPA: 77.66

Meglioquesto SpA's Days Payable increased from Jun. 2022 (77.33) to Jun. 2023 (86.14). It may suggest that Meglioquesto SpA delayed paying its suppliers.

Meglioquesto SpA Days Payable Historical Data

The historical data trend for Meglioquesto 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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Meglioquesto SpA Days Payable Chart

Meglioquesto SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

486.26

61.88

48.25

74.42

Meglioquesto SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial			42.33	43.66	77.33	70.01	86.14

Competitive Comparison of Meglioquesto SpA's Days Payable

For the Internet Content & Information subindustry, Meglioquesto 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.

Meglioquesto SpA's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meglioquesto SpA's Days Payable distribution charts can be found below:

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

Meglioquesto 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.

Meglioquesto 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
=	( (6.303	+	11.866)	/	2 )	/	44.556	*	365
=	9.0845					/	44.556	*	365
=	74.42

Meglioquesto 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
=	( (11.866	+	14.103)	/	2 )	/	27.511	*	365 / 2
=	12.9845					/	27.511	*	365 / 2
=	86.14

Meglioquesto SpA Days Payable Related Terms

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Meglioquesto SpA (MIL:MQSPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meglioquesto SpA (MIL:MQSPA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7V60:Germany

Address

Via Tucidide, 56, Milano, ITA, 20134

Website

https://investors.meglioquesto.it

Meglioquesto SpA is a portal that provides professional, personal and free assistance and offers a solution or service in line with requests, in total transparency. It constantly analyzes and compares offers and services to give the best customized solutions.

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