Colliers International Group (Colliers International Group) Days Payable : 65.10 (As of Dec. 2023)

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What is Colliers International Group Days Payable?

Colliers International Group's average Accounts Payable for the three months ended in Dec. 2023 was $522 Mil. Colliers International Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $731 Mil. Hence, Colliers International Group's Days Payable for the three months ended in Dec. 2023 was 65.10.

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

CIGI' s Days Payable Range Over the Past 10 Years
Min: 25.25 Med: 47.6 Max: 73.46
Current: 73.12

During the past 13 years, Colliers International Group's highest Days Payable was 73.46. The lowest was 25.25. And the median was 47.60.

CIGI's Days Payable is ranked worse than
57.61% of 1571 companies
in the Real Estate industry
Industry Median: 97.02 vs CIGI: 73.12

Colliers International Group's Days Payable increased from Dec. 2022 (56.76) to Dec. 2023 (65.10). It may suggest that Colliers International Group delayed paying its suppliers.

Colliers International Group Days Payable Historical Data

The historical data trend for Colliers International 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.

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Colliers International Group Days Payable Chart

Colliers International Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.80

58.67

49.90

59.36

73.02

Colliers International Group 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															56.76	79.50	74.74	74.21	65.10

Competitive Comparison of Colliers International Group's Days Payable

For the Real Estate Services subindustry, Colliers International 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.

Colliers International Group's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Colliers International Group's Days Payable falls into.

Colliers International 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.

Colliers International Group'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
=	( (503.189	+	535.769)	/	2 )	/	2596.823	*	365
=	519.479					/	2596.823	*	365
=	73.02

Colliers International Group'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
=	( (507.627	+	535.769)	/	2 )	/	731.254	*	365 / 4
=	521.698					/	731.254	*	365 / 4
=	65.10

Colliers International Group Days Payable Related Terms

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Colliers International Group (Colliers International Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Colliers International Group Inc (NAS:CIGI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CIGI:Canada

Address

1140 Bay Street, Suite 4000, Toronto, ON, CAN, M5S 2B4

Website

https://www.colliers.com

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national, and international basis, Infrastructure consulting, Design and Build, and Market research.

Executives

Spruce House Partnership Llc	10 percent owner	435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Partnership (qp) Lp	10 percent owner	435 HUDSON ST #804, NEW YORK NY 10014
Spruce House Partnership (ai) Lp	10 percent owner	435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Capital Llc	10 percent owner	435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Spruce House Investment Management Llc	10 percent owner	435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Zachary Sternberg	10 percent owner	435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Benjamin Forester Stein	10 percent owner	435 HUDSON STREET, SUITE 804, NEW YORK NY 10014