SYN Prop E Tech (SYN Prop E Tech) Days Payable : 22.47 (As of Dec. 2023)

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What is SYN Prop E Tech Days Payable?

SYN Prop E Tech's average Accounts Payable for the three months ended in Dec. 2023 was $2.38 Mil. SYN Prop E Tech's Cost of Goods Sold for the three months ended in Dec. 2023 was $9.68 Mil. Hence, SYN Prop E Tech's Days Payable for the three months ended in Dec. 2023 was 22.47.

The historical rank and industry rank for SYN Prop E Tech's Days Payable or its related term are showing as below:

CCPEL' s Days Payable Range Over the Past 10 Years
Min: 8.78 Med: 37.5 Max: 218.26
Current: 34.51

During the past 13 years, SYN Prop E Tech's highest Days Payable was 218.26. The lowest was 8.78. And the median was 37.50.

CCPEL's Days Payable is ranked worse than
78.36% of 1571 companies
in the Real Estate industry
Industry Median: 96.91 vs CCPEL: 34.51

SYN Prop E Tech's Days Payable declined from Dec. 2022 (29.78) to Dec. 2023 (22.47). It may suggest that SYN Prop E Tech accelerated paying its suppliers.

SYN Prop E Tech Days Payable Historical Data

The historical data trend for SYN Prop E Tech'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.

SYN Prop E Tech Days Payable Chart

SYN Prop E Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.70

26.76

9.09

33.14

38.96

SYN Prop E Tech 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															29.78	50.48	32.72	22.72	22.47

Competitive Comparison of SYN Prop E Tech's Days Payable

For the Real Estate - Diversified subindustry, SYN Prop E Tech'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.

SYN Prop E Tech's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SYN Prop E Tech's Days Payable distribution charts can be found below:

* The bar in red indicates where SYN Prop E Tech's Days Payable falls into.

SYN Prop E Tech 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.

SYN Prop E Tech'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
=	( (5.731	+	2.545)	/	2 )	/	38.766	*	365
=	4.138					/	38.766	*	365
=	38.96

SYN Prop E Tech'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
=	( (2.22	+	2.545)	/	2 )	/	9.676	*	365 / 4
=	2.3825					/	9.676	*	365 / 4
=	22.47

SYN Prop E Tech Days Payable Related Terms

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SYN Prop E Tech (SYN Prop E Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SYN Prop E Tech SA (OTCPK:CCPEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SYYNY:USA SYNE3:Brazil

Address

Avenida Brigadeiro Faria Lima, 3600, 14th Floor Itaim Bibi, Sao Paulo, SP, BRA, 04538-132

Website

https://www.ccpsa.com.br

SYN Prop E Tech SA is involved in the real estate sector. It focuses on the development, trade, and management of commercial properties in Brazil. Its portfolio includes shopping centres and corporate buildings. Business is organized into three operating segments being Buildings, Shopping malls, Services and Others. Key revenue is earned from the Building division which is engaged in the sale and lease of commercial buildings. Shopping malls consists of the lease of stores in shopping malls. Services consists of services involving the management of shopping malls, development of properties and operation of parking lots. Other consists of the lease of other types of properties.