Fastighets AB Balder (Fastighets AB Balder) Days Payable : 47.61 (As of Mar. 2024)

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What is Fastighets AB Balder Days Payable?

Fastighets AB Balder's average Accounts Payable for the three months ended in Mar. 2024 was $43 Mil. Fastighets AB Balder's Cost of Goods Sold for the three months ended in Mar. 2024 was $82 Mil. Hence, Fastighets AB Balder's Days Payable for the three months ended in Mar. 2024 was 47.61.

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

BALDF' s Days Payable Range Over the Past 10 Years
Min: 48.08 Med: 69.98 Max: 115.67
Current: 64.5

During the past 13 years, Fastighets AB Balder's highest Days Payable was 115.67. The lowest was 48.08. And the median was 69.98.

BALDF's Days Payable is ranked worse than
61.69% of 1574 companies
in the Real Estate industry
Industry Median: 96.755 vs BALDF: 64.50

Fastighets AB Balder's Days Payable declined from Mar. 2023 (75.36) to Mar. 2024 (47.61). It may suggest that Fastighets AB Balder accelerated paying its suppliers.

Fastighets AB Balder Days Payable Historical Data

The historical data trend for Fastighets AB Balder'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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Fastighets AB Balder Days Payable Chart

Fastighets AB Balder Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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108.58

103.68

119.29

112.26

65.26

Fastighets AB Balder 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															75.36	-	-	49.15	47.61

Competitive Comparison of Fastighets AB Balder's Days Payable

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.

Fastighets AB Balder's Days Payable Distribution in the Real Estate Industry

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

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

Fastighets AB Balder 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.

Fastighets AB Balder'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
=	( (62.825	+	42.798)	/	2 )	/	295.391	*	365
=	52.8115					/	295.391	*	365
=	65.26

Fastighets AB Balder's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (42.798	+	0)	/	1 )	/	82.026	*	365 / 4
=	42.798					/	82.026	*	365 / 4
=	47.61

Fastighets AB Balder Days Payable Related Terms

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Fastighets AB Balder (Fastighets AB Balder) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fastighets AB Balder (OTCPK:BALDF) » Definitions » Days Payable

Traded in Other Exchanges

BALD B:Sweden 0H2Z:UK 28F0:Germany

Address

Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15

Website

https://www.balder.se

Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.

Fastighets AB Balder (Fastighets AB Balder) Headlines

From GuruFocus

Q4 2023 Fastighets AB Balder Earnings Call Transcript

By GuruFocus Research • 02-12-2024