BriQ Properties REIC (FRA:BRW) Days Payable : 1,740.34 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is BriQ Properties REIC Days Payable?

BriQ Properties REIC's average Accounts Payable for the three months ended in Dec. 2023 was €1.72 Mil. BriQ Properties REIC's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.09 Mil. Hence, BriQ Properties REIC's Days Payable for the three months ended in Dec. 2023 was 1,740.34.

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

FRA:BRW' s Days Payable Range Over the Past 10 Years
Min: 467.85 Med: 654.2 Max: 769.77
Current: 691.57

During the past 6 years, BriQ Properties REIC's highest Days Payable was 769.77. The lowest was 467.85. And the median was 654.20.

FRA:BRW's Days Payable is ranked better than
92.26% of 530 companies
in the REITs industry
Industry Median: 124.75 vs FRA:BRW: 691.57

BriQ Properties REIC's Days Payable declined from Dec. 2022 (2,221.11) to Dec. 2023 (1,740.34). It may suggest that BriQ Properties REIC accelerated paying its suppliers.

BriQ Properties REIC Days Payable Historical Data

The historical data trend for BriQ Properties REIC'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.

BriQ Properties REIC Days Payable Chart

BriQ Properties REIC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

674.46

769.77

672.60

635.79

538.07

BriQ Properties REIC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															2,221.11	364.88	444.68	3,551.02	1,740.34

Competitive Comparison of BriQ Properties REIC's Days Payable

For the REIT - Office subindustry, BriQ Properties REIC'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.

BriQ Properties REIC's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where BriQ Properties REIC's Days Payable falls into.

BriQ Properties REIC 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.

BriQ Properties REIC'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
=	( (1.357	+	1.438)	/	2 )	/	0.948	*	365
=	1.3975					/	0.948	*	365
=	538.07

BriQ Properties REIC's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.995	+	1.438)	/	2 )	/	0.09	*	365 / 4
=	1.7165					/	0.09	*	365 / 4
=	1,740.34

BriQ Properties REIC Days Payable Related Terms

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

BriQ Properties REIC (FRA:BRW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BriQ Properties REIC (FRA:BRW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BRIQ:Greece

Address

25th Alexandrou Pantou Street, 1st Floor, Kallithea, Athens, GRC, 17671

Website

https://www.briqproperties.gr

BriQ Properties REIC is an independent real estate investment company. The company owns and manages commercial real estate properties in the Greek market. It has also established local networks to source compelling investment opportunities in Athens and major Greek cities in the commercial property sectors to include office, retail and logistics.