GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) Days Payable : 46.11 (As of Dec. 2023)

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What is GEK Terna Holding Real Estate Construction Days Payable?

GEK Terna Holding Real Estate Construction's average Accounts Payable for the six months ended in Dec. 2023 was $446 Mil. GEK Terna Holding Real Estate Construction's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,765 Mil. Hence, GEK Terna Holding Real Estate Construction's Days Payable for the six months ended in Dec. 2023 was 46.11.

The historical rank and industry rank for GEK Terna Holding Real Estate Construction's Days Payable or its related term are showing as below:

GKTRF' s Days Payable Range Over the Past 10 Years
Min: 34.62 Med: 91 Max: 126.14
Current: 46.69

During the past 13 years, GEK Terna Holding Real Estate Construction's highest Days Payable was 126.14. The lowest was 34.62. And the median was 91.00.

GKTRF's Days Payable is ranked worse than
73.99% of 1607 companies
in the Construction industry
Industry Median: 76.01 vs GKTRF: 46.69

GEK Terna Holding Real Estate Construction's Days Payable increased from Dec. 2022 (28.21) to Dec. 2023 (46.11). It may suggest that GEK Terna Holding Real Estate Construction delayed paying its suppliers.

GEK Terna Holding Real Estate Construction Days Payable Historical Data

The historical data trend for GEK Terna Holding Real Estate Construction'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.

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GEK Terna Holding Real Estate Construction Days Payable Chart

GEK Terna Holding Real Estate Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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110.60

120.21

110.09

35.70

44.87

GEK Terna Holding Real Estate Construction Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															84.06	44.90	28.21	48.05	46.11

Competitive Comparison of GEK Terna Holding Real Estate Construction's Days Payable

For the Engineering & Construction subindustry, GEK Terna Holding Real Estate Construction'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.

GEK Terna Holding Real Estate Construction's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, GEK Terna Holding Real Estate Construction's Days Payable distribution charts can be found below:

* The bar in red indicates where GEK Terna Holding Real Estate Construction's Days Payable falls into.

GEK Terna Holding Real Estate Construction 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.

GEK Terna Holding Real Estate Construction'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
=	( (355.218	+	452.425)	/	2 )	/	3285.015	*	365
=	403.8215					/	3285.015	*	365
=	44.87

GEK Terna Holding Real Estate Construction'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (439.762	+	452.425)	/	2 )	/	1765.473	*	365 / 2
=	446.0935					/	1765.473	*	365 / 2
=	46.11

GEK Terna Holding Real Estate Construction Days Payable Related Terms

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GEK Terna Holding Real Estate Construction (GEK Terna Holding Real Estate Construction) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GEK Terna Holding Real Estate Construction SA (OTCPK:GKTRF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GEKTERNA:Greece 1GT:Germany

Address

85, Mesogeion Avenue, Athens, GRC, 115 26

Website

https://www.gekterna.com

GEK Terna Holding Real Estate Construction SA is a building construction company engaged in the development and management of investment property. The firm constructs property of any kind, manages self-financed or co-financed projects, operates energy projects, as well as its, participates in companies having similar activities. It operates in seven business segments, Construction, Electricity from RES, Electricity from thermal energy, Real Estate, Industry, Concessions, and Holding. Construction refers to contracts for the construction of technical projects. GEK Terna operates in over 14 countries including Greece, Central and Southeastern Europe, the USA, North Africa, and the Middle East.

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