Il Sole 24 Ore (MIL:S24) Days Payable : 1,715.65 (As of Dec. 2023)

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What is Il Sole 24 Ore Days Payable?

Il Sole 24 Ore's average Accounts Payable for the three months ended in Dec. 2023 was €46.4 Mil. Il Sole 24 Ore's Cost of Goods Sold for the three months ended in Dec. 2023 was €2.5 Mil. Hence, Il Sole 24 Ore's Days Payable for the three months ended in Dec. 2023 was 1,715.65.

The historical rank and industry rank for Il Sole 24 Ore's Days Payable or its related term are showing as below:

MIL:S24' s Days Payable Range Over the Past 10 Years
Min: 1727.11 Med: 2168.87 Max: 3023.19
Current: 2724.15

During the past 13 years, Il Sole 24 Ore's highest Days Payable was 3023.19. The lowest was 1727.11. And the median was 2168.87.

MIL:S24's Days Payable is ranked better than
97.1% of 931 companies
in the Media - Diversified industry
Industry Median: 79.7 vs MIL:S24: 2724.15

Il Sole 24 Ore's Days Payable increased from Dec. 2022 (1,369.50) to Dec. 2023 (1,715.65). It may suggest that Il Sole 24 Ore delayed paying its suppliers.

Il Sole 24 Ore Days Payable Historical Data

The historical data trend for Il Sole 24 Ore'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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Il Sole 24 Ore Days Payable Chart

Il Sole 24 Ore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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2,266.72

2,414.08

2,383.00

1,927.83

2,065.15

Il Sole 24 Ore Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															1,733.21	3,289.71	4,118.10	1,715.65	3,263.82

Competitive Comparison of Il Sole 24 Ore's Days Payable

For the Publishing subindustry, Il Sole 24 Ore'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.

Il Sole 24 Ore's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Il Sole 24 Ore's Days Payable distribution charts can be found below:

* The bar in red indicates where Il Sole 24 Ore's Days Payable falls into.

Il Sole 24 Ore 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.

Il Sole 24 Ore'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
=	( (41.301	+	50.075)	/	2 )	/	8.075	*	365
=	45.688					/	8.075	*	365
=	2,065.15

Il Sole 24 Ore'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
=	( (42.73	+	50.075)	/	2 )	/	2.468	*	365 / 4
=	46.4025					/	2.468	*	365 / 4
=	1,715.65

Il Sole 24 Ore Days Payable Related Terms

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Il Sole 24 Ore (MIL:S24) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Il Sole 24 Ore (MIL:S24) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4IL1:Germany

Address

Via Monte Rosa, 91, Milan, MI, ITA, 20149

Website

http://www.ilsole24ore.com

Il Sole 24 Ore is engaged in publishing news, books, and magazines. The company's segments are categorized into seven divisions. The Publishing and Digital division engages in publishing the daily newspaper, broadsheets, magazines, website, and the radiocor plus press agency. The Tax and legal segment provide products with technical and regulatory content. Its Radio segment manages the national radio 24 broadcasters. The System segment functions as an advertising sales agency. The Education and services segment provides training to young university graduates, managers, and professionals. The Culture segment comprises of the production of exhibitions and book publication. The Corporate and centralized services seek departments and the services associated with the support processes.

Il Sole 24 Ore (MIL:S24) Headlines

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