BRRE (Blue Ridge Real Estate Co) Days Payable: 16.43 (As of Apr. 2017)


What is Blue Ridge Real Estate Co Days Payable?

Blue Ridge Real Estate Co BRRE -4.64% Days Payable is 16.43 as of Apr. 2017.

Blue Ridge Real Estate Co's average Accounts Payable for the three months ended in Apr. 2017 was $0.24 Mil. Blue Ridge Real Estate Co's Cost of Goods Sold for the three months ended in Apr. 2017 was $1.31 Mil. Hence, Blue Ridge Real Estate Co's Days Payable for the three months ended in Apr. 2017 was 16.43.

The historical rank and industry rank for Blue Ridge Real Estate Co's Days Payable or its related term are showing as below:

BRRE's Days Payable is not ranked *
in the Travel & Leisure industry.
Industry Median: 56.525
* Ranked among companies with meaningful Days Payable only.

Blue Ridge Real Estate Co's Days Payable declined from Apr. 2016 (20.96) to Apr. 2017 (16.43). It may suggest that Blue Ridge Real Estate Co accelerated paying its suppliers.

Blue Ridge Real Estate Co Days Payable Historical Data

* Premium members only.

The historical data trend for Blue Ridge Real Estate 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.

Blue Ridge Real Estate Co Days Payable Chart

Blue Ridge Real Estate Co Annual Data
Trend Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.97 5.06 11.55 12.48 28.85

Blue Ridge Real Estate Co Quarterly Data
Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.96 14.57 9.69 13.59 16.43

BRRE vs CHCI: Days Payable Comparison

For the Resorts & Casinos subindustry, Blue Ridge Real Estate 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.

Blue Ridge Real Estate Co Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Blue Ridge Real Estate Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Blue Ridge Real Estate Co's Days Payable falls into.


Blue Ridge Real Estate 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.

Blue Ridge Real Estate Co's Days Payable for the fiscal year that ended in Oct. 2016 is calculated as

Days Payable (A: Oct. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2015 ) + Accounts Payable (A: Oct. 2016 )) / count ) / Cost of Goods Sold (A: Oct. 2016 )*Days in Period
=( (0.725 + 0.148) / 2 ) / 5.522*365
=0.4365 / 5.522*365
=28.85

Blue Ridge Real Estate Co's Days Payable for the quarter that ended in Apr. 2017 is calculated as:

Days Payable (Q: Apr. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2017 ) + Accounts Payable (Q: Apr. 2017 )) / count ) / Cost of Goods Sold (Q: Apr. 2017 )*Days in Period
=( (0.216 + 0.254) / 2 ) / 1.305*365 / 4
=0.235 / 1.305*365 / 4
=16.43

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 16.43 mean?
Blue Ridge Real Estate Co (BRRE) has a Days Payable of 16.43 as of Apr. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Blue Ridge Real Estate Co and its competitors.
Is Blue Ridge Real Estate Co's Days Payable too high?
Blue Ridge Real Estate Co's current Days Payable is 16.43. The Travel & Leisure industry median Days Payable is 56.53. Blue Ridge Real Estate Co's value of 16.43 is 70.9% below this industry median.
How does Blue Ridge Real Estate Co's Days Payable compare to CHCI?
Blue Ridge Real Estate Co's Days Payable of 16.43 can be compared against companies in the Travel & Leisure industry. The industry median Days Payable is 56.53. Blue Ridge Real Estate Co's value of 16.43 is 70.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.53, based on 778 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blue Ridge Real Estate Co's current Days Payable of 16.43 is 70.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Blue Ridge Real Estate Co and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Ridge Real Estate Co's current Days Payable is 16.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Ridge Real Estate Co stock overvalued right now?
Blue Ridge Real Estate Co (BRRE) has a current Days Payable of 16.43. The current Days Payable is 16.43 and 70.9% below the Travel & Leisure industry median of 56.53. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Blue Ridge Real Estate Co (BRRE), the current Days Payable is 16.43 as of Apr. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blue Ridge Real Estate Co Business Description

Address 5 Blue Ridge Court, P.O. Box 707, Blakeslee, PA, USA, 18610
Blue Ridge Real Estate Co is engaged in real estate development and land sales. The company operates in three segments: resort operations, including amenities around Big Boulder Lake such as the Boulder View Tavern, Boulder Lake Club, the Jack Frost National Golf Course, and The Stretch fishing club; real estate management and rental operations, which involve leasing investment properties, providing services to resort residential community trusts, and signboard rentals; and land resource management, covering land sales and purchases, timber operations, real estate development, and leasing of land and land improvements. The majority of the company's revenue is derived from the Resort operations segment.