European Convergence Development Co (LSE:ECDC) Days Payable : 0.00 (As of Jun. 2014)

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What is European Convergence Development Co Days Payable?

European Convergence Development Co's average Accounts Payable for the six months ended in Jun. 2014 was €0.04 Mil. European Convergence Development Co's Cost of Goods Sold for the six months ended in Jun. 2014 was €0.00 Mil.

The historical rank and industry rank for European Convergence Development Co's Days Payable or its related term are showing as below:

LSE:ECDC's Days Payable is not ranked ^*
in the Real Estate industry.
Industry Median: 99.68
* Ranked among companies with meaningful Days Payable only.

European Convergence Development Co's Days Payable stayed the same from Jun. 2013 (0.00) to Jun. 2014 (0.00).

European Convergence Development Co Days Payable Historical Data

The historical data trend for European Convergence Development Co'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.

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European Convergence Development Co Days Payable Chart

European Convergence Development Co Annual Data

Trend

Dec07

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Dec09

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Dec12

Dec13

Days Payable

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European Convergence Development Co Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Dec12	Jun13	Dec13	Jun14
Days Payable	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of European Convergence Development Co's Days Payable

For the Real Estate Services subindustry, European Convergence Development Co'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.

European Convergence Development Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, European Convergence Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where European Convergence Development Co's Days Payable falls into.

European Convergence Development Co 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.

European Convergence Development Co's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

	Days Payable (A: Dec. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2012 )	+	Accounts Payable (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (0.07	+	0.044)	/	2 )	/	0	*	365
=	0.057					/	0	*	365
=	N/A

European Convergence Development Co's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

	Days Payable (Q: Jun. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2013 )	+	Accounts Payable (Q: Jun. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2014 )	*	Days in Period
=	( (0.044	+	0.034)	/	2 )	/	0	*	365 / 2
=	0.039					/	0	*	365 / 2
=	N/A

European Convergence Development Co Days Payable Related Terms

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European Convergence Development Co (LSE:ECDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » European Convergence Development Co PLC (LSE:ECDC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.europeanconvergencedevelopment.com

European Convergence Development Company PLC was incorporated in the Isle of Man on 26 July 2006. The Company through its subsidiaries, invests in early stage development projects such as residential, retail, commercial and industrial properties. The Company invests in Romania, Turkey, Croatia, Bulgaria and Slovakia.

European Convergence Development Co (LSE:ECDC) Headlines

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