SBA Communications (HAM:4SB) Days Payable : 32.40 (As of Sep. 2024)

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What is SBA Communications Days Payable?

SBA Communications's average Accounts Payable for the three months ended in Sep. 2024 was €48 Mil. SBA Communications's Cost of Goods Sold for the three months ended in Sep. 2024 was €135 Mil. Hence, SBA Communications's Days Payable for the three months ended in Sep. 2024 was 32.40.

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

HAM:4SB' s Days Payable Range Over the Past 10 Years
Min: 23.33 Med: 27.11 Max: 54.31
Current: 30.5

During the past 13 years, SBA Communications's highest Days Payable was 54.31. The lowest was 23.33. And the median was 27.11.

HAM:4SB's Days Payable is ranked worse than
80.39% of 561 companies
in the REITs industry
Industry Median: 107.32 vs HAM:4SB: 30.50

SBA Communications's Days Payable increased from Sep. 2023 (28.31) to Sep. 2024 (32.40). It may suggest that SBA Communications delayed paying its suppliers.

SBA Communications Days Payable Historical Data

The historical data trend for SBA Communications'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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SBA Communications Days Payable Chart

SBA Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.19

55.47

45.57

22.75

28.34

SBA Communications 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															28.31	28.40	29.04	31.02	32.40

Competitive Comparison of SBA Communications's Days Payable

For the REIT - Specialty subindustry, SBA Communications'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.

SBA Communications's Days Payable Distribution in the REITs Industry

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

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

SBA Communications 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.

SBA Communications'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
=	( (48.547	+	38.699)	/	2 )	/	561.775	*	365
=	43.623					/	561.775	*	365
=	28.34

SBA Communications'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
=	( (47.136	+	49.049)	/	2 )	/	135.455	*	365 / 4
=	48.0925					/	135.455	*	365 / 4
=	32.40

SBA Communications Days Payable Related Terms

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SBA Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SBA Communications Corp (HAM:4SB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SBAC:USA SBAC:Mexico 0KYZ:UK 4SB:Germany

Address

8051 Congress Avenue, Boca Raton, FL, USA, 33487

Website

https://www.sbasite.com

SBA Communications owns and operates almost 40,000 cell towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. It owns more than 17,000 towers in the US, which accounted for about 70% of the company's total revenue in 2023. Internationally, SBA's greatest presence is in Brazil, where it operates roughly 10,000 towers. SBA operates as a real estate investment trust.

SBA Communications Headlines

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