Black Sea Property (AQSE:BSP) Days Payable : 198.57 (As of Jun. 2023)

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What is Black Sea Property Days Payable?

Black Sea Property's average Accounts Payable for the six months ended in Jun. 2023 was €0.31 Mil. Black Sea Property's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.28 Mil. Hence, Black Sea Property's Days Payable for the six months ended in Jun. 2023 was 198.57.

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

AQSE:BSP' s Days Payable Range Over the Past 10 Years
Min: 27.33 Med: 220.35 Max: 279.21
Current: 52.64

During the past 7 years, Black Sea Property's highest Days Payable was 279.21. The lowest was 27.33. And the median was 220.35.

AQSE:BSP's Days Payable is ranked worse than
68.76% of 1578 companies
in the Real Estate industry
Industry Median: 99.645 vs AQSE:BSP: 52.64

Black Sea Property's Days Payable increased from Jun. 2022 (54.89) to Jun. 2023 (198.57). It may suggest that Black Sea Property delayed paying its suppliers.

Black Sea Property Days Payable Historical Data

The historical data trend for Black Sea Property'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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Black Sea Property Days Payable Chart

Black Sea Property Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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211.16

279.21

259.49

220.35

27.33

Black Sea Property Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial										759.19	500.03	54.89	17.52	198.57

Competitive Comparison of Black Sea Property's Days Payable

For the Real Estate Services subindustry, Black Sea Property'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.

Black Sea Property's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Black Sea Property's Days Payable falls into.

Black Sea Property 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.

Black Sea Property'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
=	( (0.023	+	0.188)	/	2 )	/	1.409	*	365
=	0.1055					/	1.409	*	365
=	27.33

Black Sea Property's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.188	+	0.43)	/	2 )	/	0.284	*	365 / 2
=	0.309					/	0.284	*	365 / 2
=	198.57

Black Sea Property Days Payable Related Terms

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Black Sea Property (AQSE:BSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Black Sea Property PLC (AQSE:BSP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Victory House, Prospect Hill, 6th Floor, Douglas, IMN, IM1 1EQ

Website

https://www.blackseapropertyplc.com

Black Sea Property PLC is a real estate company focused on investments in Bulgaria. It seeks to generate capital gains through development, financing and sale of property in Bulgaria, including the prime areas of Bulgaria's Black Sea coast, the ski resorts and the capital, Sofia. The Board is seeking to create a diverse portfolio of opportunistic and value-added Bulgarian real estate assets, including development land, partially completed construction projects and completed buildings.

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