Immobel (XBRU:IMMO) Days Payable

: 192.26 (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

Immobel's average Accounts Payable for the six months ended in Dec. 2023 was €73.6 Mil. Immobel's Cost of Goods Sold for the six months ended in Dec. 2023 was €69.9 Mil. Hence, Immobel's Days Payable for the six months ended in Dec. 2023 was 192.26.

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

XBRU:IMMO' s Days Payable Range Over the Past 10 Years
Min: 43.66 Med: 106.67 Max: 237.84
Current: 217.39

During the past 13 years, Immobel's highest Days Payable was 237.84. The lowest was 43.66. And the median was 106.67.

XBRU:IMMO's Days Payable is ranked better than
72.53% of 1569 companies
in the Real Estate industry
Industry Median: 96.82 vs XBRU:IMMO: 217.39

Immobel's Days Payable declined from Dec. 2022 (197.15) to Dec. 2023 (192.26). It may suggest that Immobel accelerated paying its suppliers.

Immobel Days Payable Historical Data

The historical data trend for Immobel'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.

Immobel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

67.75

73.11

84.64

158.81

237.84

Immobel Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable																92.53	187.51	197.15	222.57	192.26

Competitive Comparison

For the Real Estate - Development subindustry, Immobel'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.

Immobel Days Payable Distribution

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

* The bar in red indicates where Immobel's Days Payable falls into.

Immobel 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.

Immobel'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
=	( (98.384	+	80.718)	/	2 )	/	137.43	*	365
=	89.551					/	137.43	*	365
=	237.84

Immobel'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (66.452	+	80.718)	/	2 )	/	69.851	*	365 / 2
=	73.585					/	69.851	*	365 / 2
=	192.26

Immobel Days Payable Related Terms

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

Immobel (XBRU:IMMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Immobel (XBRU:IMMO) » Definitions » Days Payable

Traded in Other Exchanges

R5L:Germany

Address

Boulevard Anspach 1, Brussels, BEL, 1000

Website

https://www.immobelgroup.com

Immobel develops mixed real estate with a variety of functions such as living, working, shopping and leisure. Its projects portfolio includes residential, offices, and land banking. The company's real estate development is carried out in Belgium, Luxemburg, France, Germany, Poland, Spain, and United Kingdom.

Immobel (XBRU:IMMO) Headlines

No Headlines