Wereldhave Belgium (XBRU:WEHB) Days Payable

: 246.86 (As of Dec. 2023)

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Wereldhave Belgium's average Accounts Payable for the six months ended in Dec. 2023 was €7.87 Mil. Wereldhave Belgium's Cost of Goods Sold for the six months ended in Dec. 2023 was €5.82 Mil. Hence, Wereldhave Belgium's Days Payable for the six months ended in Dec. 2023 was 246.86.

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

XBRU:WEHB' s Days Payable Range Over the Past 10 Years
Min: 80.11 Med: 251.04 Max: 2556.34
Current: 200.94

During the past 13 years, Wereldhave Belgium's highest Days Payable was 2556.34. The lowest was 80.11. And the median was 251.04.

XBRU:WEHB's Days Payable is ranked better than
67.36% of 527 companies
in the REITs industry
Industry Median: 122.38 vs XBRU:WEHB: 200.94

Wereldhave Belgium's Days Payable declined from Dec. 2022 (728.67) to Dec. 2023 (246.86). It may suggest that Wereldhave Belgium accelerated paying its suppliers.

Wereldhave Belgium Days Payable Historical Data

The historical data trend for Wereldhave Belgium'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.

Wereldhave Belgium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

194.60

338.51

276.26

347.74

225.81

Wereldhave Belgium 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																326.80	196.00	728.67	159.89	246.86

Competitive Comparison

For the REIT - Retail subindustry, Wereldhave Belgium'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.

Wereldhave Belgium Days Payable Distribution

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

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

Wereldhave Belgium 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.

Wereldhave Belgium'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
=	( (13.463	+	8.413)	/	2 )	/	17.68	*	365
=	10.938					/	17.68	*	365
=	225.81

Wereldhave Belgium'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
=	( (7.324	+	8.413)	/	2 )	/	5.817	*	365 / 2
=	7.8685					/	5.817	*	365 / 2
=	246.86

Wereldhave Belgium Days Payable Related Terms

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Wereldhave Belgium (XBRU:WEHB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Wereldhave Belgium (XBRU:WEHB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WPU:Germany

Address

Medialaan 30/6, Vilvoorde, BEL, 1800

Website

https://www.wereldhavebelgium.com

Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's strategy is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. Majority of its revenue is from rental income.

Wereldhave Belgium (XBRU:WEHB) Headlines

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