Rank Progress (WAR:RNK) Days Payable : 5,268.72 (As of Dec. 2023)

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What is Rank Progress Days Payable?

Rank Progress's average Accounts Payable for the three months ended in Dec. 2023 was zł85.86 Mil. Rank Progress's Cost of Goods Sold for the three months ended in Dec. 2023 was zł1.49 Mil. Hence, Rank Progress's Days Payable for the three months ended in Dec. 2023 was 5,268.72.

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

WAR:RNK' s Days Payable Range Over the Past 10 Years
Min: 96.42 Med: 233.67 Max: 2035.96
Current: 2035.96

During the past 13 years, Rank Progress's highest Days Payable was 2035.96. The lowest was 96.42. And the median was 233.67.

WAR:RNK's Days Payable is ranked better than
96.84% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs WAR:RNK: 2035.96

Rank Progress's Days Payable increased from Dec. 2022 (1,220.25) to Dec. 2023 (5,268.72). It may suggest that Rank Progress delayed paying its suppliers.

Rank Progress Days Payable Historical Data

The historical data trend for Rank Progress'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.

* Premium members only.

Rank Progress Days Payable Chart

Rank Progress Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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253.79

318.14

1,264.42

1,514.45

1,704.18

Rank Progress 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															1,220.25	5,292.44	957.21	1,886.07	5,268.72

Competitive Comparison of Rank Progress's Days Payable

For the Real Estate - Diversified subindustry, Rank Progress'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.

Rank Progress's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Rank Progress's Days Payable falls into.

Rank Progress 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.

Rank Progress'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
=	( (74.952	+	88.136)	/	2 )	/	17.465	*	365
=	81.544					/	17.465	*	365
=	1,704.18

Rank Progress'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
=	( (83.581	+	88.136)	/	2 )	/	1.487	*	365 / 4
=	85.8585					/	1.487	*	365 / 4
=	5,268.72

Rank Progress Days Payable Related Terms

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Rank Progress (WAR:RNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rank Progress SA (WAR:RNK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

63 Z?otoryjska, Legnica, POL, 59-220

Website

http://www.rankprogress.pl

Rank Progress SA is a Poland-based company engaged in property investment and development. It is engaged in renting and operating of own or leased real property, buying and selling of own real property and development of construction projects. The company's business model based on a purchase of a real estate, land integration, administrative preparation for development, construction works, and management or sale of a property. The company is also engaged in providing rental space to shopping centers in main cities across Poland.

Rank Progress (WAR:RNK) Headlines

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