Vantage Towers AG (HAM:VTWR) Days Payable: 2,125.61 (As of Mar. 2023)


HAM:VTWR Vantage Towers AG HAM:VTWR
44 GF Score
Price €38.60
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What is Vantage Towers AG Days Payable?

Vantage Towers AG HAM:VTWR 44 Days Payable is 2,125.61 as of Mar. 2023. GuruFocus rates HAM:VTWR with a GF Score™ of 44/100.

Vantage Towers AG's average Accounts Payable for the six months ended in Mar. 2023 was €289 Mil. Vantage Towers AG's Cost of Goods Sold for the six months ended in Mar. 2023 was €25 Mil. Hence, Vantage Towers AG's Days Payable for the six months ended in Mar. 2023 was 2,125.61.

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

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

Vantage Towers AG's Days Payable increased from Mar. 2022 (1,339.95) to Mar. 2023 (2,125.61). It may suggest that Vantage Towers AG delayed paying its suppliers.

Vantage Towers AG Days Payable Historical Data

* Premium members only.

The historical data trend for Vantage Towers 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.

Vantage Towers AG Days Payable Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Days Payable
888.07 697.35 1,232.37

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Days Payable Get a 7-Day Free Trial 648.19 1,509.48 1,339.95 2,130.88 2,125.61

HAM:VTWR vs BEKE, CBRE, CSGP: Days Payable Comparison

For the Real Estate Services subindustry, Vantage Towers 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.

Vantage Towers AG Days Payable vs Real Estate Industry

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

* The bar in red indicates where Vantage Towers AG's Days Payable falls into.


HAM:VTWR
44GF Score
Vantage Towers AG HAM:VTWR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Towers 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.

Vantage Towers AG's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (115.5 + 195.8) / 2 ) / 46.1*365
=155.65 / 46.1*365
=1,232.37

Vantage Towers AG's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (381.9 + 195.8) / 2 ) / 24.8*365 / 2
=288.85 / 24.8*365 / 2
=2,125.61

* 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 2,125.61 mean?
Vantage Towers AG (HAM:VTWR) has a Days Payable of 2,125.61 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vantage Towers AG and its competitors.
Is Vantage Towers AG's Days Payable too high?
Vantage Towers AG's current Days Payable is 2,125.61. The Real Estate industry median Days Payable is 94.38. Vantage Towers AG's value of 2,125.61 is 2152.2% above this industry median. Overall, Vantage Towers AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Towers AG's Days Payable compare to BEKE and CBRE?
Vantage Towers AG's Days Payable of 2,125.61 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.38. Vantage Towers AG's value of 2,125.61 is 2152.2% 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 1,571 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. Vantage Towers AG's current Days Payable of 2,125.61 is 2152.2% 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 Vantage Towers 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. Vantage Towers AG's current Days Payable is 2,125.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Towers AG stock overvalued right now?
Vantage Towers AG (HAM:VTWR) has a current Days Payable of 2,125.61. The current Days Payable is 2,125.61 and 2152.2% above the Real Estate industry median of 94.38. Vantage Towers AG's overall GF Score™ is 44/100. 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 Vantage Towers AG (HAM:VTWR), the current Days Payable is 2,125.61 as of Mar. 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.

Vantage Towers AG Business Description

Address Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.
44GF Score

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