LOG Commercial Properties Participacoes (BSP:LOGG3) Days Payable : 3,328.87 (As of Mar. 2024)

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What is LOG Commercial Properties Participacoes Days Payable?

LOG Commercial Properties Participacoes's average Accounts Payable for the three months ended in Mar. 2024 was R$53.0 Mil. LOG Commercial Properties Participacoes's Cost of Goods Sold for the three months ended in Mar. 2024 was R$1.5 Mil. Hence, LOG Commercial Properties Participacoes's Days Payable for the three months ended in Mar. 2024 was 3,328.87.

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

BSP:LOGG3' s Days Payable Range Over the Past 10 Years
Min: 1786.51 Med: 4778.85 Max: 5279.3
Current: 4222.41

During the past 13 years, LOG Commercial Properties Participacoes's highest Days Payable was 5279.30. The lowest was 1786.51. And the median was 4778.85.

BSP:LOGG3's Days Payable is ranked better than
98.22% of 1571 companies
in the Real Estate industry
Industry Median: 96.91 vs BSP:LOGG3: 4222.41

LOG Commercial Properties Participacoes's Days Payable declined from Mar. 2023 (5,361.97) to Mar. 2024 (3,328.87). It may suggest that LOG Commercial Properties Participacoes accelerated paying its suppliers.

LOG Commercial Properties Participacoes Days Payable Historical Data

The historical data trend for LOG Commercial Properties Participacoes'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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LOG Commercial Properties Participacoes Days Payable Chart

LOG Commercial Properties Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,786.51

2,553.28

5,044.70

5,279.30

4,778.85

LOG Commercial Properties Participacoes 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															5,361.97	4,998.71	3,014.99	3,312.79	3,328.87

Competitive Comparison of LOG Commercial Properties Participacoes's Days Payable

For the Real Estate Services subindustry, LOG Commercial Properties Participacoes'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.

LOG Commercial Properties Participacoes's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where LOG Commercial Properties Participacoes's Days Payable falls into.

LOG Commercial Properties Participacoes 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.

LOG Commercial Properties Participacoes'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
=	( (43.365	+	58.418)	/	2 )	/	3.887	*	365
=	50.8915					/	3.887	*	365
=	4,778.85

LOG Commercial Properties Participacoes'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
=	( (58.418	+	47.595)	/	2 )	/	1.453	*	365 / 4
=	53.0065					/	1.453	*	365 / 4
=	3,328.87

LOG Commercial Properties Participacoes Days Payable Related Terms

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LOG Commercial Properties Participacoes (BSP:LOGG3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » LOG Commercial Properties Participacoes SA (BSP:LOGG3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

621 Professor Mario Werneck Avenue, 10th Floor, Belo Horizonte, MG, BRA, 30455-610

Website

https://www.logcp.com.br

LOG Commercial Properties Participacoes SA is a real estate company. The company is engaged in the development, construction and rental of commercial properties such as Logistics Condominiums, Allotment of Industrial Plots, Shopping Centers, Strip Malls and Offices. The majority of the revenue is earned from the lease and service operation.

LOG Commercial Properties Participacoes (BSP:LOGG3) Headlines

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