The historical rank and industry rank for TMM Real Estate Development's Days Payable or its related term are showing as below:
FRA:TR61's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.205 * Ranked among companies with meaningful Days Payable only.
* 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.
TMM Real Estate Development Days Payable Competitor Comparison
For the Real Estate - Diversified subindustry, TMM Real Estate Development'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.
TMM Real Estate Development Days Payable vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TMM Real Estate Development's Days Payable distribution charts can be found below:
* The bar in red indicates where TMM Real Estate Development's Days Payable falls into.
TMM Real Estate Development 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.
* 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.
TMM Real Estate Development (FRA:TR61) has a Days Payable of 96.59 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TMM Real Estate Development and its competitors.
Is TMM Real Estate Development's Days Payable too high?
TMM Real Estate Development's current Days Payable is 96.59. The Real Estate industry median Days Payable is 94.21. TMM Real Estate Development's value of 96.59 is 2.5% above this industry median. Overall, TMM Real Estate Development has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does TMM Real Estate Development's Days Payable compare to competitors?
TMM Real Estate Development's Days Payable of 96.59 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.21. TMM Real Estate Development's value of 96.59 is 2.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Real Estate company?
The median Days Payable among Real Estate companies is 94.21, based on 1,568 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TMM Real Estate Development's current Days Payable of 96.59 is 2.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TMM Real Estate Development and its competitors. For the Real Estate industry, the median Days Payable is 94.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMM Real Estate Development's current Days Payable is 96.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMM Real Estate Development stock overvalued right now?
TMM Real Estate Development (FRA:TR61) has a current Days Payable of 96.59. The current Days Payable is 96.59 and 2.5% above the Real Estate industry median of 94.21. TMM Real Estate Development's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For TMM Real Estate Development (FRA:TR61), the current Days Payable is 96.59 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
TMM Real Estate Development PLC operates as a real estate development and construction company and develops the construction of residential complexes on a turnkey basis, which covers all complex construction and fine finishing works as well as post-construction utility services for the completed projects. It operates in the following segments: Investment Property; Property Development & Construction; Utility and Management Services; and Air Mobility Solutions. The Investment Property segment leases residential and commercial property owned by the group. The Property Development & Construction segment builds and sells residential and commercial property and renders construction services. The Air Mobility Solutions segment earns the majority of revenue.
39GF Score
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