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HBUV (Hubilu Venture) Days Payable : 49.93 (As of Sep. 2024)


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What is Hubilu Venture Days Payable?

Hubilu Venture's average Accounts Payable for the three months ended in Sep. 2024 was $0.03 Mil. Hubilu Venture's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.05 Mil. Hence, Hubilu Venture's Days Payable for the three months ended in Sep. 2024 was 49.93.

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

HBUV' s Days Payable Range Over the Past 10 Years
Min: 3.69   Med: 21.79   Max: 353.23
Current: 24.64

During the past 9 years, Hubilu Venture's highest Days Payable was 353.23. The lowest was 3.69. And the median was 21.79.

HBUV's Days Payable is not ranked
in the Real Estate industry.
Industry Median: 96.695 vs HBUV: 24.64

Hubilu Venture's Days Payable increased from Sep. 2023 (22.81) to Sep. 2024 (49.93). It may suggest that Hubilu Venture delayed paying its suppliers.


Hubilu Venture Days Payable Historical Data

The historical data trend for Hubilu Venture'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.

Hubilu Venture Days Payable Chart

Hubilu Venture Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 21.79 18.56 14.84 3.69 40.13

Hubilu Venture 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.81 26.07 14.81 31.09 49.93

Competitive Comparison of Hubilu Venture's Days Payable

For the Real Estate Services subindustry, Hubilu Venture'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.


Hubilu Venture's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hubilu Venture's Days Payable distribution charts can be found below:

* The bar in red indicates where Hubilu Venture's Days Payable falls into.



Hubilu Venture 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.

Hubilu Venture'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
=( (0 + 0.021) / 1 ) / 0.191*365
=0.021 / 0.191*365
=40.13

Hubilu Venture'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
=( (0.046 + 0.012) / 2 ) / 0.053*365 / 4
=0.029 / 0.053*365 / 4
=49.93

* 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.


Hubilu Venture Days Payable Related Terms

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Hubilu Venture Business Description

Traded in Other Exchanges
N/A
Address
205 South Beverly Drive, Suite 205, Beverly Hills, CA, USA, 90212
Hubilu Venture Corp provides real estate consulting services to its clients in the United States. The company assists real estate investment professionals, as well as established companies, with advisory and consulting services directed at providing research, analysis, and acquisition opportunities. The company generates revenue from rental income. The services are focused on the research and analysis of real estate properties and advising clients on the use of their real estate assets.
Executives
David Behrend director, 10 percent owner, officer: CEO 9777 WILSHIRE BLVD, SUITE 804, BEVERLY HILLS CA 90212
Maurice Simone officer: Secretary P.O.BOX 5374, BEVERLY HILLS CA 90209
Jacaranda Investments, Inc. 10 percent owner 205 S. BEVERLY DRIVE, SUITE 205, BEVERLY HILLS CA 90212

Hubilu Venture Headlines

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