BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Days Payable : 18.66 (As of Dec. 2023)

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What is BB Fundo Invest Imobiliario Progressivo Days Payable?

BB Fundo Invest Imobiliario Progressivo's average Accounts Payable for the six months ended in Dec. 2023 was R$0.13 Mil. BB Fundo Invest Imobiliario Progressivo's Cost of Goods Sold for the six months ended in Dec. 2023 was R$2.60 Mil. Hence, BB Fundo Invest Imobiliario Progressivo's Days Payable for the six months ended in Dec. 2023 was 9.33.

The historical rank and industry rank for BB Fundo Invest Imobiliario Progressivo's Days Payable or its related term are showing as below:

BSP:BBFI11B' s Days Payable Range Over the Past 10 Years
Min: 18.66 Med: 2678.11 Max: 4780.49
Current: 18.66

During the past 5 years, BB Fundo Invest Imobiliario Progressivo's highest Days Payable was 4780.49. The lowest was 18.66. And the median was 2678.11.

BSP:BBFI11B's Days Payable is ranked worse than
91.6% of 524 companies
in the REITs industry
Industry Median: 126.16 vs BSP:BBFI11B: 18.66

BB Fundo Invest Imobiliario Progressivo's Days Payable declined from Dec. 2021 (2,707.71) to Dec. 2023 (18.66). It may suggest that BB Fundo Invest Imobiliario Progressivo accelerated paying its suppliers.

BB Fundo Invest Imobiliario Progressivo Days Payable Historical Data

The historical data trend for BB Fundo Invest Imobiliario Progressivo'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.

BB Fundo Invest Imobiliario Progressivo Days Payable Chart

BB Fundo Invest Imobiliario Progressivo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

2,678.11

4,780.49

2,707.71

460.50

18.66

BB Fundo Invest Imobiliario Progressivo Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	2,678.11	4,780.49	2,707.71	460.50	18.66

Competitive Comparison of BB Fundo Invest Imobiliario Progressivo's Days Payable

For the REIT - Office subindustry, BB Fundo Invest Imobiliario Progressivo'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.

BB Fundo Invest Imobiliario Progressivo's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, BB Fundo Invest Imobiliario Progressivo's Days Payable distribution charts can be found below:

* The bar in red indicates where BB Fundo Invest Imobiliario Progressivo's Days Payable falls into.

BB Fundo Invest Imobiliario Progressivo 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.

BB Fundo Invest Imobiliario Progressivo'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
=	( (0.157	+	0.109)	/	2 )	/	2.601	*	365
=	0.133					/	2.601	*	365
=	18.66

BB Fundo Invest Imobiliario Progressivo'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.157	+	0.109)	/	2 )	/	2.601	*	365 / 2
=	0.133					/	2.601	*	365 / 2
=	9.33

BB Fundo Invest Imobiliario Progressivo Days Payable Related Terms

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BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Paulista, 2300, 11th Floor, Sao Paulo, SP, BRA, 1310300

Website

http://www.fundoimobiliario.com.br

BB Fundo Invest Imobiliario Progressivo is an investment REIT. The firm invests in commercial real estate developments that generate frequent revenue, such as commercial buildings, hospitals, shopping malls, distribution, and logistics centers. It is managed by Caixa Economica Federal. Its assets are leased to the Bank of Brazil.

BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Headlines

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