Covivio (CHIX:COVP) Days Payable : 267.18 (As of Jun. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Covivio Days Payable?

Covivio's average Accounts Payable for the six months ended in Jun. 2024 was €226.5 Mil. Covivio's Cost of Goods Sold for the six months ended in Jun. 2024 was €154.7 Mil. Hence, Covivio's Days Payable for the six months ended in Jun. 2024 was 267.18.

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

CHIX:COVp' s Days Payable Range Over the Past 10 Years
Min: 520.5 Med: 712.08 Max: 1048.72
Current: 1048.72

During the past 13 years, Covivio's highest Days Payable was 1048.72. The lowest was 520.50. And the median was 712.08.

CHIX:COVp's Days Payable is ranked better than
95.2% of 562 companies
in the REITs industry
Industry Median: 107.76 vs CHIX:COVp: 1048.72

Covivio's Days Payable increased from Jun. 2023 (228.96) to Jun. 2024 (267.18). It may suggest that Covivio delayed paying its suppliers.

Covivio Days Payable Historical Data

The historical data trend for Covivio'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.

Covivio Days Payable Chart

Covivio Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

726.85

742.06

691.22

780.38

898.11

Covivio 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															278.88	-	228.96	-	267.18

Competitive Comparison of Covivio's Days Payable

For the REIT - Diversified subindustry, Covivio'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.

Covivio's Days Payable Distribution in the REITs Industry

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

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

Covivio 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.

Covivio'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
=	( (146.847	+	188.461)	/	2 )	/	68.136	*	365
=	167.654					/	68.136	*	365
=	898.11

Covivio'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
=	( (188.461	+	264.558)	/	2 )	/	154.718	*	365 / 2
=	226.5095					/	154.718	*	365 / 2
=	267.18

Covivio Days Payable Related Terms

Thank you for viewing the detailed overview of Covivio's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Covivio Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Covivio SA (CHIX:COVp) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FNCDY:USA 0J6V:UK COV:France F5D:Germany F5D:Germany

Address

18 Avenue Francois Mitterrand, Metz, FRA, 57000

Website

https://www.covivio.eu

Covivio SA is a French real estate investment trust involved in the ownership of properties mainly in France, Italy, and Germany. The majority of the properties in the company's real estate portfolio are office buildings located in Paris and Milan. German residential properties also represent a significant percentage of its total assets. Fonciere des Regions derives nearly all of its revenue in the form of rental income from the ownership and maintenance of its portfolio of properties. French offices generate the majority revenue for the company, while Italian office buildings and German residential buildings in Berlin, Hamburg, and Dresden also contribute sizable income streams.

Covivio Headlines

No Headlines