CD Deutsche Eigenheim AG (HAM:D2B) Days Payable: 507.99 (As of Jun. 2015)


What is CD Deutsche Eigenheim AG Days Payable?

CD Deutsche Eigenheim AG HAM:D2B Days Payable is 507.99 as of Jun. 2015.

CD Deutsche Eigenheim AG's average Accounts Payable for the six months ended in Jun. 2015 was €1.62 Mil. CD Deutsche Eigenheim AG's Cost of Goods Sold for the six months ended in Jun. 2015 was €0.58 Mil. Hence, CD Deutsche Eigenheim AG's Days Payable for the six months ended in Jun. 2015 was 507.99.

The historical rank and industry rank for CD Deutsche Eigenheim AG's Days Payable or its related term are showing as below:

HAM:D2B's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.38
* Ranked among companies with meaningful Days Payable only.

CD Deutsche Eigenheim AG's Days Payable declined from Jun. 2013 (718.38) to Jun. 2015 (507.99). It may suggest that CD Deutsche Eigenheim AG accelerated paying its suppliers.

CD Deutsche Eigenheim AG Days Payable Historical Data

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The historical data trend for CD Deutsche Eigenheim AG'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.

CD Deutsche Eigenheim AG Days Payable Chart

CD Deutsche Eigenheim AG Annual Data
Trend Dec11 Dec12
Days Payable
346.92 17.99

CD Deutsche Eigenheim AG Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Jun14 Jun15
Days Payable Get a 7-Day Free Trial 19.80 15.78 718.38 55.01 507.99

CD Deutsche Eigenheim AG Days Payable Competitor Comparison

For the Real Estate - Development subindustry, CD Deutsche Eigenheim AG'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.

CD Deutsche Eigenheim AG Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, CD Deutsche Eigenheim AG's Days Payable distribution charts can be found below:

* The bar in red indicates where CD Deutsche Eigenheim AG's Days Payable falls into.


CD Deutsche Eigenheim AG 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.

CD Deutsche Eigenheim AG's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable (A: Dec. 2012 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2011 ) + Accounts Payable (A: Dec. 2012 )) / count ) / Cost of Goods Sold (A: Dec. 2012 )*Days in Period
=( (1.305 + 1.065) / 2 ) / 24.041*365
=1.185 / 24.041*365
=17.99

CD Deutsche Eigenheim AG's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

Days Payable (Q: Jun. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2014 ) + Accounts Payable (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (2.651 + 0.589) / 2 ) / 0.582*365 / 2
=1.62 / 0.582*365 / 2
=507.99

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 507.99 mean?
CD Deutsche Eigenheim AG (HAM:D2B) has a Days Payable of 507.99 as of Jun. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CD Deutsche Eigenheim AG and its competitors.
Is CD Deutsche Eigenheim AG's Days Payable too high?
CD Deutsche Eigenheim AG's current Days Payable is 507.99. The Real Estate industry median Days Payable is 94.38. CD Deutsche Eigenheim AG's value of 507.99 is 438.2% above this industry median.
How does CD Deutsche Eigenheim AG's Days Payable compare to competitors?
CD Deutsche Eigenheim AG's Days Payable of 507.99 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.38. CD Deutsche Eigenheim AG's value of 507.99 is 438.2% 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 94.38, based on 1,570 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. CD Deutsche Eigenheim AG's current Days Payable of 507.99 is 438.2% 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 CD Deutsche Eigenheim AG and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CD Deutsche Eigenheim AG's current Days Payable is 507.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CD Deutsche Eigenheim AG stock overvalued right now?
CD Deutsche Eigenheim AG (HAM:D2B) has a current Days Payable of 507.99. The current Days Payable is 507.99 and 438.2% above the Real Estate industry median of 94.38. 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 CD Deutsche Eigenheim AG (HAM:D2B), the current Days Payable is 507.99 as of Jun. 2015. 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.

CD Deutsche Eigenheim AG Business Description

Address Potsdamer Street 87, Berlin, DEU, 10785
CD Deutsche Eigenheim AG is project developer & real estate development company. It is engaged in developing and realizing extensive housing construction projects throughout Germany. It develops areas with family homes in the commuter belts of German metropolitan regions and sells them to institutional investors.