DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Days Payable : 336.95 (As of Dec. 2021)

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What is DAMAC Properties Dubai Co PJSC Days Payable?

DAMAC Properties Dubai Co PJSC's average Accounts Payable for the three months ended in Dec. 2021 was د.إ1,752 Mil. DAMAC Properties Dubai Co PJSC's Cost of Goods Sold for the three months ended in Dec. 2021 was د.إ474 Mil. Hence, DAMAC Properties Dubai Co PJSC's Days Payable for the three months ended in Dec. 2021 was 336.95.

The historical rank and industry rank for DAMAC Properties Dubai Co PJSC's Days Payable or its related term are showing as below:

DFM:DAMAC's Days Payable is not ranked ^*
in the Real Estate industry.
Industry Median: 99.725
* Ranked among companies with meaningful Days Payable only.

DAMAC Properties Dubai Co PJSC's Days Payable increased from Dec. 2020 (200.50) to Dec. 2021 (336.95). It may suggest that DAMAC Properties Dubai Co PJSC delayed paying its suppliers.

DAMAC Properties Dubai Co PJSC Days Payable Historical Data

The historical data trend for DAMAC Properties Dubai Co PJSC'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.

DAMAC Properties Dubai Co PJSC Days Payable Chart

DAMAC Properties Dubai Co PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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80.28

122.85

214.89

181.05

301.56

DAMAC Properties Dubai Co PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Days Payable	Get a 7-Day Free Trial															200.50	325.45	321.28	236.79	336.95

Competitive Comparison of DAMAC Properties Dubai Co PJSC's Days Payable

For the Real Estate - Development subindustry, DAMAC Properties Dubai Co PJSC'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.

DAMAC Properties Dubai Co PJSC's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DAMAC Properties Dubai Co PJSC's Days Payable distribution charts can be found below:

* The bar in red indicates where DAMAC Properties Dubai Co PJSC's Days Payable falls into.

DAMAC Properties Dubai Co PJSC 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.

DAMAC Properties Dubai Co PJSC's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (1760.183	+	1810.317)	/	2 )	/	2160.831	*	365
=	1785.25					/	2160.831	*	365
=	301.56

DAMAC Properties Dubai Co PJSC's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

	Days Payable (Q: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2021 )	+	Accounts Payable (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (1693.479	+	1810.317)	/	2 )	/	474.434	*	365 / 4
=	1751.898					/	474.434	*	365 / 4
=	336.95

DAMAC Properties Dubai Co PJSC Days Payable Related Terms

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

DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » DAMAC Properties Dubai Co PJSC (DFM:DAMAC) » Definitions » Days Payable

Comparable Companies

SHSE:600639 SHSE:600325 OSTO:ATRLJ B XTAE:GVYM TPE:2542 HKSE:09993 SHSE:600376 HKSE:00813 SHSE:600773 SZSE:002146

Traded in Other Exchanges

N/A

Address

Al Barsha Heights (Tecom), P.O. Box 2195, Executive Heights Building, Dubai, ARE

Website

https://www.damacproperties.com

DAMAC Properties Dubai Co PJSC along with its subsidiaries is engaged in the development of properties in the Middle East. It develops high-end and luxury residential, commercial and leisure properties across the UAE and internationally. The company derives a majority of revenue from the UAE region.

DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Headlines

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