Thunderbird Resorts (FRA:4TR) Days Payable : 331.39 (As of Dec. 2023)

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What is Thunderbird Resorts Days Payable?

Thunderbird Resorts's average Accounts Payable for the six months ended in Dec. 2023 was €2.92 Mil. Thunderbird Resorts's Cost of Goods Sold for the six months ended in Dec. 2023 was €1.61 Mil. Hence, Thunderbird Resorts's Days Payable for the six months ended in Dec. 2023 was 331.39.

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

FRA:4TR' s Days Payable Range Over the Past 10 Years
Min: 102.87 Med: 308.13 Max: 429.76
Current: 338.51

During the past 13 years, Thunderbird Resorts's highest Days Payable was 429.76. The lowest was 102.87. And the median was 308.13.

FRA:4TR's Days Payable is ranked better than
81.7% of 1579 companies
in the Real Estate industry
Industry Median: 97.02 vs FRA:4TR: 338.51

Thunderbird Resorts's Days Payable declined from Dec. 2022 (796.67) to Dec. 2023 (331.39). It may suggest that Thunderbird Resorts accelerated paying its suppliers.

Thunderbird Resorts Days Payable Historical Data

The historical data trend for Thunderbird Resorts'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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Thunderbird Resorts Days Payable Chart

Thunderbird Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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259.00

390.91

343.42

417.73

284.35

Thunderbird Resorts 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															470.09	514.70	796.67	408.81	331.39

Competitive Comparison of Thunderbird Resorts's Days Payable

For the Real Estate - Development subindustry, Thunderbird Resorts'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.

Thunderbird Resorts's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Thunderbird Resorts's Days Payable falls into.

Thunderbird Resorts 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.

Thunderbird Resorts'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
=	( (3.478	+	1.673)	/	2 )	/	3.306	*	365
=	2.5755					/	3.306	*	365
=	284.35

Thunderbird Resorts'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
=	( (4.174	+	1.673)	/	2 )	/	1.61	*	365 / 2
=	2.9235					/	1.61	*	365 / 2
=	331.39

Thunderbird Resorts Days Payable Related Terms

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Thunderbird Resorts (FRA:4TR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Thunderbird Resorts Inc (FRA:4TR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

THRSF:USA TBIRD:Netherlands

Address

Apartado, Zona 7, Panama, PAN, 0823-00514

Website

https://www.thunderbirdresorts.com

Thunderbird Resorts Inc is engaged in the business of real estate, hospitality and gaming. The Group operates in Peru and Nicaragua. The majority of the company's revenue is earned in Nicaragua.

Thunderbird Resorts (FRA:4TR) Headlines

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