IRSA Propiedades Comerciales (BUE:IRCP) Days Payable: 275.24 (As of Sep. 2021)


BUE:IRCP IRSA Propiedades Comerciales SA BUE:IRCP
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Price ARS128.90
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What is IRSA Propiedades Comerciales Days Payable?

IRSA Propiedades Comerciales BUE:IRCP 5 Days Payable is 275.24 as of Sep. 2021. GuruFocus rates BUE:IRCP with a GF Score™ of 5/100.

IRSA Propiedades Comerciales's average Accounts Payable for the three months ended in Sep. 2021 was ARS4,241 Mil. IRSA Propiedades Comerciales's Cost of Goods Sold for the three months ended in Sep. 2021 was ARS1,406 Mil. Hence, IRSA Propiedades Comerciales's Days Payable for the three months ended in Sep. 2021 was 275.24.

The historical rank and industry rank for IRSA Propiedades Comerciales's Days Payable or its related term are showing as below:

BUE:IRCP's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.38
* Ranked among companies with meaningful Days Payable only.

IRSA Propiedades Comerciales's Days Payable declined from Sep. 2020 (426.75) to Sep. 2021 (275.24). It may suggest that IRSA Propiedades Comerciales accelerated paying its suppliers.


IRSA Propiedades Comerciales Days Payable Historical Data

* Premium members only.

The historical data trend for IRSA Propiedades Comerciales'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.

IRSA Propiedades Comerciales Days Payable Chart

IRSA Propiedades Comerciales Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.69 140.37 166.38 264.98 384.85

IRSA Propiedades Comerciales Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 426.75 447.40 516.47 321.68 275.24

BUE:IRCP vs TCI, QK, NEN: Days Payable Comparison

For the Real Estate Services subindustry, IRSA Propiedades Comerciales'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.


IRSA Propiedades Comerciales Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IRSA Propiedades Comerciales's Days Payable distribution charts can be found below:

* The bar in red indicates where IRSA Propiedades Comerciales's Days Payable falls into.


BUE:IRCP
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IRSA Propiedades Comerciales SA BUE:IRCP
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IRSA Propiedades Comerciales 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.

IRSA Propiedades Comerciales's Days Payable for the fiscal year that ended in Jun. 2021 is calculated as

Days Payable (A: Jun. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2020 ) + Accounts Payable (A: Jun. 2021 )) / count ) / Cost of Goods Sold (A: Jun. 2021 )*Days in Period
=( (5349 + 3976) / 2 ) / 4422*365
=4662.5 / 4422*365
=384.85

IRSA Propiedades Comerciales's Days Payable for the quarter that ended in Sep. 2021 is calculated as:

Days Payable (Q: Sep. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2021 ) + Accounts Payable (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (3976 + 4506) / 2 ) / 1406*365 / 4
=4241 / 1406*365 / 4
=275.24

* 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 275.24 mean?
IRSA Propiedades Comerciales (BUE:IRCP) has a Days Payable of 275.24 as of Sep. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on IRSA Propiedades Comerciales and its competitors.
Is IRSA Propiedades Comerciales' Days Payable too high?
IRSA Propiedades Comerciales' current Days Payable is 275.24. The Real Estate industry median Days Payable is 94.38. IRSA Propiedades Comerciales' value of 275.24 is 191.6% above this industry median. Overall, IRSA Propiedades Comerciales has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does IRSA Propiedades Comerciales' Days Payable compare to TCI and QK?
IRSA Propiedades Comerciales' Days Payable of 275.24 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.38. IRSA Propiedades Comerciales' value of 275.24 is 191.6% above 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 Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,569 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. IRSA Propiedades Comerciales's current Days Payable of 275.24 is 191.6% above 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 IRSA Propiedades Comerciales and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRSA Propiedades Comerciales's current Days Payable is 275.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRSA Propiedades Comerciales stock overvalued right now?
IRSA Propiedades Comerciales (BUE:IRCP) has a current Days Payable of 275.24. The current Days Payable is 275.24 and 191.6% above the Real Estate industry median of 94.38. IRSA Propiedades Comerciales' overall GF Score™ is 5/100. 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 IRSA Propiedades Comerciales (BUE:IRCP), the current Days Payable is 275.24 as of Sep. 2021. 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.

IRSA Propiedades Comerciales Business Description

Address Moreno 877, 22nd Floor, Ciudad Autonoma de Buenos Aires, Buenos Aires, ARG, C1091AAQ
IRSA Propiedades Comerciales SA is engaged in the ownership, lease, management, development, operation, and purchase of shopping centers. Its primarily owns, purchases, develops, leases, manages and operates shopping centers. Its business segments include Shopping Malls, Offices, Sales and Developments, and Others. The Shopping Malls segment is a key revenue driver, is engaged in the operation and development of shopping malls. Offices and Others segment consists of leasing of properties and other rental properties and services related to them. Its Sales and Development segment covers sales of undeveloped parcels of land and properties and activities relating to property maintenance.
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ARS128.90
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