Land Securities Group (LSE:LAND) Days Payable : 207.61 (As of Sep. 2023)

View and export this data going back to 1955. Start your Free Trial

What is Land Securities Group Days Payable?

Land Securities Group's average Accounts Payable for the six months ended in Sep. 2023 was £169.5 Mil. Land Securities Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £149.0 Mil. Hence, Land Securities Group's Days Payable for the six months ended in Sep. 2023 was 207.61.

The historical rank and industry rank for Land Securities Group's Days Payable or its related term are showing as below:

LSE:LAND' s Days Payable Range Over the Past 10 Years
Min: 11.8 Med: 18.98 Max: 301.79
Current: 301.79

During the past 13 years, Land Securities Group's highest Days Payable was 301.79. The lowest was 11.80. And the median was 18.98.

LSE:LAND's Days Payable is ranked better than
78.94% of 527 companies
in the REITs industry
Industry Median: 125.84 vs LSE:LAND: 301.79

Land Securities Group's Days Payable declined from Sep. 2022 (250.29) to Sep. 2023 (207.61). It may suggest that Land Securities Group accelerated paying its suppliers.

Land Securities Group Days Payable Historical Data

The historical data trend for Land Securities Group'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.

Land Securities Group Days Payable Chart

Land Securities Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

12.37

14.12

23.80

32.11

26.84

Land Securities Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															272.62	173.04	250.29	257.16	207.61

Competitive Comparison of Land Securities Group's Days Payable

For the REIT - Diversified subindustry, Land Securities Group'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.

Land Securities Group's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Land Securities Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Land Securities Group's Days Payable falls into.

Land Securities Group 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.

Land Securities Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (26	+	14)	/	2 )	/	272	*	365
=	20					/	272	*	365
=	26.84

Land Securities Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (14	+	325)	/	2 )	/	149	*	365 / 2
=	169.5					/	149	*	365 / 2
=	207.61

Land Securities Group Days Payable Related Terms

Thank you for viewing the detailed overview of Land Securities Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Land Securities Group (LSE:LAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Land Securities Group PLC (LSE:LAND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LSGOF:USA LDSCY:USA LANDl:UK LSU2:Germany

Address

100 Victoria Street, London, GBR, SW1E 5JL

Website

https://www.landsec.com

Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of the office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London.