GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Compass Inc (FRA:91D) » Definitions » Days Payable

Compass (FRA:91D) Days Payable : 1.21 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Compass Days Payable?

Compass's average Accounts Payable for the three months ended in Sep. 2024 was €15 Mil. Compass's Cost of Goods Sold for the three months ended in Sep. 2024 was €1,106 Mil. Hence, Compass's Days Payable for the three months ended in Sep. 2024 was 1.21.

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

FRA:91D' s Days Payable Range Over the Past 10 Years
Min: 1.5   Med: 2.45   Max: 8.24
Current: 1.5

During the past 6 years, Compass's highest Days Payable was 8.24. The lowest was 1.50. And the median was 2.45.

FRA:91D's Days Payable is ranked worse than
98.79% of 1569 companies
in the Real Estate industry
Industry Median: 97.76 vs FRA:91D: 1.50

Compass's Days Payable declined from Sep. 2023 (1.90) to Sep. 2024 (1.21). It may suggest that Compass accelerated paying its suppliers.


Compass Days Payable Historical Data

The historical data trend for Compass'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.

Compass Days Payable Chart

Compass Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 8.24 5.04 2.36 2.24 2.16

Compass Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.90 2.11 1.87 1.12 1.21

Competitive Comparison of Compass's Days Payable

For the Real Estate Services subindustry, Compass'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.


Compass's Days Payable Distribution in the Real Estate Industry

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

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



Compass 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.

Compass'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
=( (26.526 + 16.873) / 2 ) / 3674.419*365
=21.6995 / 3674.419*365
=2.16

Compass's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (16.536 + 12.884) / 2 ) / 1106.158*365 / 4
=14.71 / 1106.158*365 / 4
=1.21

* 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.


Compass Days Payable Related Terms

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


Compass Business Description

Traded in Other Exchanges
Address
110 Fifth Avenue,, 4th Floor, New York, NY, USA, 10011
Compass Inc provides an end-to-end platform that empowers residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service and other critical functionality, all custom-built for the real estate industry and enabling core brokerage services. Business operations are conducted in the United States and earn revenue domestically.

Compass Headlines

No Headlines