TAG Colonia-Immobilien AG (HAM:KBU) Days Payable : 29.33 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is TAG Colonia-Immobilien AG Days Payable?

TAG Colonia-Immobilien AG's average Accounts Payable for the six months ended in Dec. 2023 was €75 Mil. TAG Colonia-Immobilien AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €934 Mil. Hence, TAG Colonia-Immobilien AG's Days Payable for the six months ended in Dec. 2023 was 14.67.

The historical rank and industry rank for TAG Colonia-Immobilien AG's Days Payable or its related term are showing as below:

HAM:KBU' s Days Payable Range Over the Past 10 Years
Min: 8.42 Med: 26.92 Max: 43.51
Current: 29.33

During the past 13 years, TAG Colonia-Immobilien AG's highest Days Payable was 43.51. The lowest was 8.42. And the median was 26.92.

HAM:KBU's Days Payable is ranked worse than
80.82% of 1569 companies
in the Real Estate industry
Industry Median: 96.54 vs HAM:KBU: 29.33

TAG Colonia-Immobilien AG's Days Payable declined from Dec. 2021 (39.62) to Dec. 2023 (29.33). It may suggest that TAG Colonia-Immobilien AG accelerated paying its suppliers.

TAG Colonia-Immobilien AG Days Payable Historical Data

The historical data trend for TAG Colonia-Immobilien 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.

* Premium members only.

TAG Colonia-Immobilien AG Days Payable Chart

TAG Colonia-Immobilien AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

30.63

24.51

39.62

36.10

29.33

TAG Colonia-Immobilien AG Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial														30.63	24.51	39.62	36.10	29.33

Competitive Comparison of TAG Colonia-Immobilien AG's Days Payable

For the Real Estate - Development subindustry, TAG Colonia-Immobilien 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.

TAG Colonia-Immobilien AG's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TAG Colonia-Immobilien AG's Days Payable distribution charts can be found below:

* The bar in red indicates where TAG Colonia-Immobilien AG's Days Payable falls into.

Save Embed

;

Save Embed

;

TAG Colonia-Immobilien 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.

TAG Colonia-Immobilien AG'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
=	( (79.348	+	70.804)	/	2 )	/	934.146	*	365
=	75.076					/	934.146	*	365
=	29.33

TAG Colonia-Immobilien AG'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (79.348	+	70.804)	/	2 )	/	934.146	*	365 / 2
=	75.076					/	934.146	*	365 / 2
=	14.67

TAG Colonia-Immobilien AG Days Payable Related Terms

Thank you for viewing the detailed overview of TAG Colonia-Immobilien AG's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

TAG Colonia-Immobilien AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TAG Colonia-Immobilien AG (HAM:KBU) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Steckelhorn 5, Hamburg, DEU, 20457

Website

https://www.tag-ag.com

TAG Colonia-Immobilien AG is a Hamburg-based property company focused on the German residential real estate sector. It is engaged in acquiring, selling, and managing real estate in Germany. The company reports in the Rental Germany Segment, Rental Poland Segment, and Sales Poland segment. Its residential portfolio on a regional basis and has divided its real estate holdings in the 'Rental' segment into the following regions: Berlin, Chemnitz, Dresden, Erfurt, Gera, Hamburg, Leipzig, Rhine-Ruhr, Rostock, Salzgitter, and others.

TAG Colonia-Immobilien AG Headlines

No Headlines