Euro Group Laminations SpA (MIL:EGLA) Days Payable : 206.62 (As of Jun. 2024)

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What is Euro Group Laminations SpA Days Payable?

Euro Group Laminations SpA's average Accounts Payable for the six months ended in Jun. 2024 was €295.5 Mil. Euro Group Laminations SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €261.0 Mil. Hence, Euro Group Laminations SpA's Days Payable for the six months ended in Jun. 2024 was 206.62.

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

MIL:EGLA' s Days Payable Range Over the Past 10 Years
Min: 175.87 Med: 192.72 Max: 218.65
Current: 218.02

During the past 5 years, Euro Group Laminations SpA's highest Days Payable was 218.65. The lowest was 175.87. And the median was 192.72.

MIL:EGLA's Days Payable is ranked better than
89.18% of 2931 companies
in the Industrial Products industry
Industry Median: 75.08 vs MIL:EGLA: 218.02

Euro Group Laminations SpA's Days Payable increased from Jun. 2023 (193.73) to Jun. 2024 (206.62). It may suggest that Euro Group Laminations SpA delayed paying its suppliers.

Euro Group Laminations SpA Days Payable Historical Data

The historical data trend for Euro Group Laminations 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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Euro Group Laminations SpA Days Payable Chart

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

175.87

183.91

197.65

192.72

218.65

Euro Group Laminations SpA Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			162.82	222.52	193.73	231.75	206.62

Competitive Comparison of Euro Group Laminations SpA's Days Payable

For the Specialty Industrial Machinery subindustry, Euro Group Laminations 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.

Euro Group Laminations SpA's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Euro Group Laminations SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Euro Group Laminations SpA's Days Payable falls into.

Euro Group Laminations 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.

Euro Group Laminations 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
=	( (329.292	+	295.448)	/	2 )	/	521.459	*	365
=	312.37					/	521.459	*	365
=	218.65

Euro Group Laminations SpA's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (295.448	+	295.609)	/	2 )	/	261.028	*	365 / 2
=	295.5285					/	261.028	*	365 / 2
=	206.62

Euro Group Laminations SpA Days Payable Related Terms

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Euro Group Laminations SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (MIL:EGLA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors for rotating electrical machines and large electric motors. The group is organized into two operating segments; the EV and Automotive segment which derives maximum revenue, represents the sale of rotors and stators used in electric vehicle traction systems, as well as in non-drive applications in automobiles. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. Geographically, the company derives a majority of its revenue from Italy and the rest from Mexico, the United States, China, and other regions.