Dream Homes & Development (Dream Homes & Development) Days Payable : 86.61 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Dream Homes & Development Days Payable?

Dream Homes & Development's average Accounts Payable for the three months ended in Sep. 2023 was $0.90 Mil. Dream Homes & Development's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.94 Mil. Hence, Dream Homes & Development's Days Payable for the three months ended in Sep. 2023 was 86.61.

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

DREM' s Days Payable Range Over the Past 10 Years
Min: 33.95 Med: 48.81 Max: 98.51
Current: 98.51

During the past 9 years, Dream Homes & Development's highest Days Payable was 98.51. The lowest was 33.95. And the median was 48.81.

DREM's Days Payable is ranked better than
81% of 100 companies
in the Homebuilding & Construction industry
Industry Median: 40.65 vs DREM: 98.51

Dream Homes & Development's Days Payable increased from Sep. 2022 (17.24) to Sep. 2023 (86.61). It may suggest that Dream Homes & Development delayed paying its suppliers.

Dream Homes & Development Days Payable Historical Data

The historical data trend for Dream Homes & Development'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.

Dream Homes & Development Days Payable Chart

Dream Homes & Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

85.86

92.17

81.76

33.95

34.47

Dream Homes & Development Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															17.24	81.19	92.79	155.76	86.61

Competitive Comparison of Dream Homes & Development's Days Payable

For the Residential Construction subindustry, Dream Homes & Development'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.

Dream Homes & Development's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Dream Homes & Development's Days Payable distribution charts can be found below:

* The bar in red indicates where Dream Homes & Development's Days Payable falls into.

Dream Homes & Development 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.

Dream Homes & Development's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.343	+	0.645)	/	2 )	/	5.231	*	365
=	0.494					/	5.231	*	365
=	34.47

Dream Homes & Development'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.946	+	0.846)	/	2 )	/	0.944	*	365 / 4
=	0.896					/	0.944	*	365 / 4
=	86.61

Dream Homes & Development Days Payable Related Terms

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

Dream Homes & Development (Dream Homes & Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Dream Homes & Development Corp (OTCPK:DREM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

314 South Main Street, Forked River, NJ, USA, 08731

Website

https://www.dreamhomesltd.com

Dream Homes & Development Corp is engaged in the residential construction business in the United States. The company undertakes single-family construction, holiday homes, apartments, renovation, and home elevation projects. The company also provides educational videos and short books on construction and rebuilding topics.

Executives

Roger Fidler

director, officer: President

400 GROVE STREET, GLEN ROCK NJ 07452