AKKO Invest (BUD:AKKO) Days Payable : 59.89 (As of Jun. 2024)

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What is AKKO Invest Days Payable?

AKKO Invest's average Accounts Payable for the six months ended in Jun. 2024 was Ft5,924 Mil. AKKO Invest's Cost of Goods Sold for the six months ended in Jun. 2024 was Ft18,051 Mil. Hence, AKKO Invest's Days Payable for the six months ended in Jun. 2024 was 59.89.

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

BUD:AKKO' s Days Payable Range Over the Past 10 Years
Min: 3.66 Med: 42.43 Max: 463.66
Current: 43.19

During the past 13 years, AKKO Invest's highest Days Payable was 463.66. The lowest was 3.66. And the median was 42.43.

BUD:AKKO's Days Payable is ranked worse than
72.61% of 1566 companies
in the Real Estate industry
Industry Median: 96.165 vs BUD:AKKO: 43.19

AKKO Invest's Days Payable increased from Jun. 2023 (31.20) to Jun. 2024 (59.89). It may suggest that AKKO Invest delayed paying its suppliers.

AKKO Invest Days Payable Historical Data

The historical data trend for AKKO Invest'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.

AKKO Invest Days Payable Chart

AKKO Invest Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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180.35

38.65

31.63

46.21

57.26

AKKO Invest Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															45.38	27.23	31.20	43.06	59.89

Competitive Comparison of AKKO Invest's Days Payable

For the Real Estate Services subindustry, AKKO Invest'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.

AKKO Invest's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AKKO Invest's Days Payable distribution charts can be found below:

* The bar in red indicates where AKKO Invest's Days Payable falls into.

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AKKO Invest 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.

AKKO Invest'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
=	( (3020	+	7830)	/	2 )	/	34583	*	365
=	5425					/	34583	*	365
=	57.26

AKKO Invest's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (7830	+	4017)	/	2 )	/	18051	*	365 / 2
=	5923.5					/	18051	*	365 / 2
=	59.89

AKKO Invest Days Payable Related Terms

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AKKO Invest Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AKKO Invest PLC (BUD:AKKO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dayka Gabor Utca 5, Budapest, HUN, 1118

Website

https://www.akkoinvest.hu

AKKO Invest PLC operates in the capital markets industry in Hungary. The objective of the company is to achieve asset accumulation and to realise a long-term increase in value through efficient cooperation between the holding and the subsidiaries. It has the following operating segments Industrial property segment, Residential property segment, Facility Management line of business, ITS line of business, and Fit-Out line of business. The majority is from the Facility management line of business. Facility Management includes activities related to property operation.

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