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Cohen & Steers (Cohen & Steers) Days Payable : 14.19 (As of Dec. 2023)


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What is Cohen & Steers Days Payable?

Cohen & Steers's average Accounts Payable for the three months ended in Dec. 2023 was $9.7 Mil. Cohen & Steers's Cost of Goods Sold for the three months ended in Dec. 2023 was $62.5 Mil. Hence, Cohen & Steers's Days Payable for the three months ended in Dec. 2023 was 14.19.

The historical rank and industry rank for Cohen & Steers's Days Payable or its related term are showing as below:

CNS' s Days Payable Range Over the Past 10 Years
Min: 10.13   Med: 13.5   Max: 18.47
Current: 13.09

During the past 13 years, Cohen & Steers's highest Days Payable was 18.47. The lowest was 10.13. And the median was 13.50.

CNS's Days Payable is ranked worse than
84.58% of 467 companies
in the Asset Management industry
Industry Median: 70.5 vs CNS: 13.09

Cohen & Steers's Days Payable increased from Dec. 2022 (13.16) to Dec. 2023 (14.19). It may suggest that Cohen & Steers delayed paying its suppliers.


Cohen & Steers Days Payable Historical Data

The historical data trend for Cohen & Steers'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.

Cohen & Steers Days Payable Chart

Cohen & Steers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.52 10.13 12.06 11.64 13.32

Cohen & Steers 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.04 13.32 12.26 14.19 14.15

Competitive Comparison of Cohen & Steers's Days Payable

For the Asset Management subindustry, Cohen & Steers'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.


Cohen & Steers's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers's Days Payable distribution charts can be found below:

* The bar in red indicates where Cohen & Steers's Days Payable falls into.



Cohen & Steers 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.

Cohen & Steers'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
=( (8.421 + 10.144) / 2 ) / 254.351*365
=9.2825 / 254.351*365
=13.32

Cohen & Steers'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
=( (9.31 + 10.144) / 2 ) / 62.537*365 / 4
=9.727 / 62.537*365 / 4
=14.19

* 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.


Cohen & Steers Days Payable Related Terms

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


Cohen & Steers (Cohen & Steers) Business Description

Traded in Other Exchanges
Address
280 Park Avenue, 10th Floor, New York, NY, USA, 10017
Cohen & Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for close to two thirds of its $75.2 billion in managed assets at the end of September 2023. Cohen & Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. The firm's distribution is balanced among its closed-end funds, open-end funds, and institutional accounts. During the past four calendar quarters, the company garnered 41% (26%) of its managed assets (base management fees) from institutional clients, 45% (53%) from open-end funds, and 14% (21%) from closed-end funds.
Executives
Elena Dulik officer: Chief Accounting Officer 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Richard P Simon director COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Brandon Brown officer: Executive Vice President 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Martin Cohen director, 10 percent owner, officer: Executive Chairman C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Alicia Dee officer: Executive Vice President 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Michele Nolty officer: Executive Vice President C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Francis C Poli officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, C/O COHEN & STEERS, NEW YORK NY 10017
Matthew S. Stadler officer: Chief Financial Officer, EVP C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
John Todd Glickson officer: Senior Vice President 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Dasha Smith director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Daniel P Charles officer: Executive Vice President C/O COHEN & STEERS, INC., NEW YORK NY 10017
Jon Cheigh officer: Executive Vice President C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Edmond D Villani director COHEN & STEERS, INC., 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Peter L Rhein director
Reena Aggarwal director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017