Grand City Properties (FRA:GYC) Days Payable : 233.01 (As of Dec. 2023)

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What is Grand City Properties Days Payable?

Grand City Properties's average Accounts Payable for the three months ended in Dec. 2023 was €179.0 Mil. Grand City Properties's Cost of Goods Sold for the three months ended in Dec. 2023 was €70.1 Mil. Hence, Grand City Properties's Days Payable for the three months ended in Dec. 2023 was 233.01.

The historical rank and industry rank for Grand City Properties's Days Payable or its related term are showing as below:

FRA:GYC' s Days Payable Range Over the Past 10 Years
Min: 52.63 Med: 70.89 Max: 249.74
Current: 249.74

During the past 13 years, Grand City Properties's highest Days Payable was 249.74. The lowest was 52.63. And the median was 70.89.

FRA:GYC's Days Payable is ranked better than
76.54% of 1577 companies
in the Real Estate industry
Industry Median: 96.82 vs FRA:GYC: 249.74

Grand City Properties's Days Payable increased from Dec. 2022 (187.35) to Dec. 2023 (233.01). It may suggest that Grand City Properties delayed paying its suppliers.

Grand City Properties Days Payable Historical Data

The historical data trend for Grand City Properties'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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Grand City Properties Days Payable Chart

Grand City Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.63

62.14

66.24

65.89

75.54

Grand City Properties 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															187.35	207.68	321.53	415.83	233.01

Competitive Comparison of Grand City Properties's Days Payable

For the Real Estate Services subindustry, Grand City Properties'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.

Grand City Properties's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Grand City Properties's Days Payable distribution charts can be found below:

* The bar in red indicates where Grand City Properties's Days Payable falls into.

Grand City Properties 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.

Grand City Properties'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
=	( (55.307	+	60.197)	/	2 )	/	279.05	*	365
=	57.752					/	279.05	*	365
=	75.54

Grand City Properties'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
=	( (297.857	+	60.197)	/	2 )	/	70.111	*	365 / 4
=	179.027					/	70.111	*	365 / 4
=	233.01

Grand City Properties Days Payable Related Terms

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Grand City Properties (FRA:GYC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Grand City Properties SA (FRA:GYC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GRNNF:USA 0RPK:UK GYC:Germany GYC:Austria

Address

37, Boulevard Joseph II, Luxembourg, LUX, L-1840

Website

https://www.grandcityproperties.com

Grand City Properties SA is a real estate company. It is a specialist real estate company focused on buying, re-developing, optimizing, repositioning, investing and managing value-add opportunities in the German real estate market. The company is also involved in asset and property management activities along with the real estate value chain. Its portfolio is mainly located in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, and Hamburg.