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Alliances Developpement Immobilier (CAS:ADI) Days Payable : 311.71 (As of Jun. 2024)


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What is Alliances Developpement Immobilier Days Payable?

Alliances Developpement Immobilier's average Accounts Payable for the six months ended in Jun. 2024 was MAD1,437 Mil. Alliances Developpement Immobilier's Cost of Goods Sold for the six months ended in Jun. 2024 was MAD841 Mil. Hence, Alliances Developpement Immobilier's Days Payable for the six months ended in Jun. 2024 was 311.71.

The historical rank and industry rank for Alliances Developpement Immobilier's Days Payable or its related term are showing as below:

CAS:ADI' s Days Payable Range Over the Past 10 Years
Min: 257.42   Med: 495.69   Max: 1175.22
Current: 332.47

During the past 13 years, Alliances Developpement Immobilier's highest Days Payable was 1175.22. The lowest was 257.42. And the median was 495.69.

CAS:ADI's Days Payable is ranked better than
81.39% of 1564 companies
in the Real Estate industry
Industry Median: 96.89 vs CAS:ADI: 332.47

Alliances Developpement Immobilier's Days Payable declined from Jun. 2023 (348.59) to Jun. 2024 (311.71). It may suggest that Alliances Developpement Immobilier accelerated paying its suppliers.


Alliances Developpement Immobilier Days Payable Historical Data

The historical data trend for Alliances Developpement Immobilier'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.

Alliances Developpement Immobilier Days Payable Chart

Alliances Developpement Immobilier Annual Data
Trend Dec11 Dec12 Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 585.26 1,175.22 828.32 631.39 362.27

Alliances Developpement Immobilier Semi-Annual Data
Jun13 Dec13 Jun14 Jun15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 731.53 622.47 348.59 358.69 311.71

Competitive Comparison of Alliances Developpement Immobilier's Days Payable

For the Real Estate Services subindustry, Alliances Developpement Immobilier'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.


Alliances Developpement Immobilier's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alliances Developpement Immobilier's Days Payable distribution charts can be found below:

* The bar in red indicates where Alliances Developpement Immobilier's Days Payable falls into.



Alliances Developpement Immobilier 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.

Alliances Developpement Immobilier'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
=( (1805.609 + 1520.063) / 2 ) / 1675.372*365
=1662.836 / 1675.372*365
=362.27

Alliances Developpement Immobilier'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
=( (1520.063 + 1352.952) / 2 ) / 841.042*365 / 2
=1436.5075 / 841.042*365 / 2
=311.71

* 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.


Alliances Developpement Immobilier Days Payable Related Terms

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Alliances Developpement Immobilier Business Description

Traded in Other Exchanges
N/A
Address
16, Rue Ali Abderrazak, Casablanca, MAR
Alliances Developpement Immobilier SA provides real estate services. Its business activities include development, building, marketing and managing of commercial and residential assets as well as tourist property.