Residences Darada (CAS:DAR SAADA) Days Payable : 99.16 (As of Dec. 2023)

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What is Residences Darada Days Payable?

Residences Darada's average Accounts Payable for the six months ended in Dec. 2023 was MAD343.8 Mil. Residences Darada's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD632.8 Mil. Hence, Residences Darada's Days Payable for the six months ended in Dec. 2023 was 99.16.

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

CAS:DAR SAADA' s Days Payable Range Over the Past 10 Years
Min: 204.34 Med: 446.72 Max: 1288.19
Current: 204.34

During the past 11 years, Residences Darada's highest Days Payable was 1288.19. The lowest was 204.34. And the median was 446.72.

CAS:DAR SAADA's Days Payable is ranked better than
70.83% of 1570 companies
in the Real Estate industry
Industry Median: 99.725 vs CAS:DAR SAADA: 204.34

Residences Darada's Days Payable declined from Dec. 2022 (3,327.93) to Dec. 2023 (99.16). It may suggest that Residences Darada accelerated paying its suppliers.

Residences Darada Days Payable Historical Data

The historical data trend for Residences Darada'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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Residences Darada Days Payable Chart

Residences Darada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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555.99

914.74

494.59

1,288.19

206.75

Residences Darada Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															360.50	869.70	3,327.93	3,224.76	99.16

Competitive Comparison of Residences Darada's Days Payable

For the Real Estate Services subindustry, Residences Darada'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.

Residences Darada's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Residences Darada's Days Payable falls into.

Residences Darada 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.

Residences Darada'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
=	( (411.655	+	329.847)	/	2 )	/	654.53	*	365
=	370.751					/	654.53	*	365
=	206.75

Residences Darada'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (357.763	+	329.847)	/	2 )	/	632.758	*	365 / 2
=	343.805					/	632.758	*	365 / 2
=	99.16

Residences Darada Days Payable Related Terms

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Residences Darada (CAS:DAR SAADA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Residences Dar Saada SA (CAS:DAR SAADA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

277-279 Boulevard Zerktouni, Casablanca, MAR

Website

http://www.espacessaada.com

Residences Dar Saada SA is a real estate company. It engages in medium-sized and economic real estate projects that includes apartments, lands, villas, shops, and duplexes.

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