Raven Property Group (JSE:RAV) Days Payable: 201.14 (As of Jun. 2021)


What is Raven Property Group Days Payable?

Raven Property Group JSE:RAV Days Payable is 201.14 as of Jun. 2021.

Raven Property Group's average Accounts Payable for the six months ended in Jun. 2021 was R402 Mil. Raven Property Group's Cost of Goods Sold for the six months ended in Jun. 2021 was R365 Mil. Hence, Raven Property Group's Days Payable for the six months ended in Jun. 2021 was 201.14.

The historical rank and industry rank for Raven Property Group's Days Payable or its related term are showing as below:

JSE:RAV's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.03
* Ranked among companies with meaningful Days Payable only.

Raven Property Group's Days Payable declined from Jun. 2020 (228.35) to Jun. 2021 (201.14). It may suggest that Raven Property Group accelerated paying its suppliers.

Raven Property Group Days Payable Historical Data

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The historical data trend for Raven Property Group'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.

Raven Property Group Days Payable Chart

Raven Property Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.89 45.96 40.16 43.07 55.73

Raven Property Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 192.95 181.78 228.35 258.72 201.14

JSE:RAV vs CSGP, CBRE, BEKE: Days Payable Comparison

For the Real Estate Services subindustry, Raven Property Group'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.

Raven Property Group Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Raven Property Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Raven Property Group's Days Payable falls into.


Raven Property Group 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.

Raven Property Group's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (129.244 + 119.454) / 2 ) / 814.378*365
=124.349 / 814.378*365
=55.73

Raven Property Group's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (119.454 + 685.508) / 2 ) / 365.175*365 / 2
=402.481 / 365.175*365 / 2
=201.14

* 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 201.14 mean?
Raven Property Group (JSE:RAV) has a Days Payable of 201.14 as of Jun. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Raven Property Group and its competitors.
Is Raven Property Group's Days Payable too high?
Raven Property Group's current Days Payable is 201.14. The Real Estate industry median Days Payable is 94.03. Raven Property Group's value of 201.14 is 113.9% above this industry median.
How does Raven Property Group's Days Payable compare to CSGP and CBRE?
Raven Property Group's Days Payable of 201.14 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.03. Raven Property Group's value of 201.14 is 113.9% 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 94.03, based on 1,573 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. Raven Property Group's current Days Payable of 201.14 is 113.9% 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 Raven Property Group and its competitors. For the Real Estate industry, the median Days Payable is 94.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raven Property Group's current Days Payable is 201.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raven Property Group stock overvalued right now?
Raven Property Group (JSE:RAV) has a current Days Payable of 201.14. The current Days Payable is 201.14 and 113.9% above the Real Estate industry median of 94.03. 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 Raven Property Group (JSE:RAV), the current Days Payable is 201.14 as of Jun. 2021. 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.

Raven Property Group Business Description

Address La Vieille Cour, P.O. Box 522, La Plaiderie, Second Floor, St Peter Port, GGY, GY1 6EH
Raven Property Group Ltd, along with its subsidiaries, operates as a property investment group specializing in commercial real estate in Russia. The business activity of the group functions through three operating segments: Property Investment, Roslogistics, and Raven Mount. The Property Investment segment acquires, develops, and leases commercial property in Russia; the Roslogistics segment is engaged in the provision of warehousing, transport, customs brokerage, and related services in Russia; and Raven Mount looks into the sale of residential property in the UK. It generates most of its revenues through the rent of its Moscow properties from the Property Investment segment.