Deera Investment & Real Estate Development Co (AMM:DERA) Days Payable : 20.80 (As of Sep. 2024)

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What is Deera Investment & Real Estate Development Co Days Payable?

Deera Investment & Real Estate Development Co's average Accounts Payable for the three months ended in Sep. 2024 was JOD0.71 Mil. Deera Investment & Real Estate Development Co's Cost of Goods Sold for the three months ended in Sep. 2024 was JOD3.10 Mil. Hence, Deera Investment & Real Estate Development Co's Days Payable for the three months ended in Sep. 2024 was 20.80.

The historical rank and industry rank for Deera Investment & Real Estate Development Co's Days Payable or its related term are showing as below:

AMM:DERA' s Days Payable Range Over the Past 10 Years
Min: 24.29 Med: 100.54 Max: 871.02
Current: 50.46

During the past 13 years, Deera Investment & Real Estate Development Co's highest Days Payable was 871.02. The lowest was 24.29. And the median was 100.54.

AMM:DERA's Days Payable is ranked worse than
68.45% of 1566 companies
in the Real Estate industry
Industry Median: 96.165 vs AMM:DERA: 50.46

Deera Investment & Real Estate Development Co's Days Payable declined from Sep. 2023 (46.61) to Sep. 2024 (20.80). It may suggest that Deera Investment & Real Estate Development Co accelerated paying its suppliers.

Deera Investment & Real Estate Development Co Days Payable Historical Data

The historical data trend for Deera Investment & Real Estate Development Co'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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Deera Investment & Real Estate Development Co Days Payable Chart

Deera Investment & Real Estate Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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127.11

171.50

115.95

116.61

54.13

Deera Investment & Real Estate Development Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															46.61	79.32	86.13	62.69	20.80

Competitive Comparison of Deera Investment & Real Estate Development Co's Days Payable

For the Real Estate - Development subindustry, Deera Investment & Real Estate Development Co'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.

Deera Investment & Real Estate Development Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deera Investment & Real Estate Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Deera Investment & Real Estate Development Co's Days Payable falls into.

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Deera Investment & Real Estate Development Co 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.

Deera Investment & Real Estate Development Co'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
=	( (2.597	+	0.884)	/	2 )	/	11.737	*	365
=	1.7405					/	11.737	*	365
=	54.13

Deera Investment & Real Estate Development Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.632	+	0.782)	/	2 )	/	3.101	*	365 / 4
=	0.707					/	3.101	*	365 / 4
=	20.80

Deera Investment & Real Estate Development Co Days Payable Related Terms

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Deera Investment & Real Estate Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Deera Investment & Real Estate Development Co (AMM:DERA) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Amman-Madinah Munawarah Street, P.O. Box: 940237, Amman, JOR, 11194

Website

https://deera.jo

Deera Investment & Real Estate Development Co is a real estate company. The group's main activities are to acquire and sell properties, land development, construction of commercial and residential buildings, and other related activities. The company operates in three segments, which include Investment Properties, Construction, and Tourism Investments. The vast majority of its revenue is generated from the Investment Properties segment, which is engaged in the trading and renting of properties and land owned by the Group. Its projects include Deera Tower, Mountain View, Rahmanya Villas, and Deera Studios & Luxury Apartments.

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