Fabege AB (Fabege AB) Days Payable : 58.41 (As of Dec. 2023)

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What is Fabege AB Days Payable?

Fabege AB's average Accounts Payable for the three months ended in Dec. 2023 was $18.0 Mil. Fabege AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $28.2 Mil. Hence, Fabege AB's Days Payable for the three months ended in Dec. 2023 was 58.41.

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

FBGGF' s Days Payable Range Over the Past 10 Years
Min: 25.43 Med: 44.44 Max: 131.84
Current: 42.83

During the past 13 years, Fabege AB's highest Days Payable was 131.84. The lowest was 25.43. And the median was 44.44.

FBGGF's Days Payable is ranked worse than
73.65% of 1571 companies
in the Real Estate industry
Industry Median: 97.02 vs FBGGF: 42.83

Fabege AB's Days Payable increased from Dec. 2022 (28.57) to Dec. 2023 (58.41). It may suggest that Fabege AB delayed paying its suppliers.

Fabege AB Days Payable Historical Data

The historical data trend for Fabege AB'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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Fabege AB Days Payable Chart

Fabege AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.49

32.93

26.27

34.51

42.61

Fabege AB 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															28.57	33.50	-	-	58.41

Competitive Comparison of Fabege AB's Days Payable

For the Real Estate Services subindustry, Fabege AB'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.

Fabege AB's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Fabege AB's Days Payable falls into.

Fabege AB 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.

Fabege AB'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
=	( (13.876	+	18.035)	/	2 )	/	136.68	*	365
=	15.9555					/	136.68	*	365
=	42.61

Fabege AB'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
=	( (0	+	18.035)	/	1 )	/	28.174	*	365 / 4
=	18.035					/	28.174	*	365 / 4
=	58.41

Fabege AB Days Payable Related Terms

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Fabege AB (Fabege AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fabege AB (OTCPK:FBGGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FABG:Sweden FABGs:UK 0XPX:UK WILC:Germany

Address

Gardsvagen 6, Box 730, Solna, Stockholm, SWE, SE-169 27

Website

https://www.fabege.com

Fabege AB is a real estate company that focuses on commercial properties. Fabege works to develop modern offices, housing, and a broad range of services with strategic partners. The company reports three core segments: Property management, which rents properties to long-term tenants; Property development, which improves and redesigns properties according to tenant requirements; and Business Development/Transactions, which includes the acquisition and sale of properties. The majority is from the Property Management segment. Fabege generates all its revenue in Stockholm, Solna, and surrounding areas in Sweden.

Fabege AB (Fabege AB) Headlines

From GuruFocus

Q4 2023 Fabege AB Earnings Call Transcript

By GuruFocus Research • 02-10-2024