Empiric Student Property (LSE:ESP) Days Payable : 262.92 (As of Jun. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Empiric Student Property Days Payable?

Empiric Student Property's average Accounts Payable for the six months ended in Jun. 2024 was £17.00 Mil. Empiric Student Property's Cost of Goods Sold for the six months ended in Jun. 2024 was £11.80 Mil. Hence, Empiric Student Property's Days Payable for the six months ended in Jun. 2024 was 262.92.

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

LSE:ESP' s Days Payable Range Over the Past 10 Years
Min: 23.17 Med: 53.61 Max: 268.34
Current: 268.34

During the past 9 years, Empiric Student Property's highest Days Payable was 268.34. The lowest was 23.17. And the median was 53.61.

LSE:ESP's Days Payable is ranked better than
76.11% of 561 companies
in the REITs industry
Industry Median: 107.32 vs LSE:ESP: 268.34

Empiric Student Property's Days Payable increased from Jun. 2023 (184.84) to Jun. 2024 (262.92). It may suggest that Empiric Student Property delayed paying its suppliers.

Empiric Student Property Days Payable Historical Data

The historical data trend for Empiric Student Property'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.

Empiric Student Property Days Payable Chart

Empiric Student Property Annual Data

Trend

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

47.03

53.98

67.20

53.23

23.17

Empiric Student Property Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial													210.66	144.85	184.84	156.14	262.92

Competitive Comparison of Empiric Student Property's Days Payable

For the REIT - Residential subindustry, Empiric Student Property'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.

Empiric Student Property's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Empiric Student Property's Days Payable falls into.

Empiric Student Property 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.

Empiric Student Property'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
=	( (1.9	+	1.3)	/	2 )	/	25.2	*	365
=	1.6					/	25.2	*	365
=	23.17

Empiric Student Property's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1.3	+	32.7)	/	2 )	/	11.8	*	365 / 2
=	17					/	11.8	*	365 / 2
=	262.92

Empiric Student Property Days Payable Related Terms

Thank you for viewing the detailed overview of Empiric Student Property's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Empiric Student Property Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Empiric Student Property PLC (LSE:ESP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

72 Borough High Street, 1st Floor Hop Yard Studios, London, GBR, SE1 1XF

Website

https://www.empiric.co.uk

Empiric Student Property PLC is a real estate company. It is engaged in investing in and managing premium purpose-built student accommodation in central locations in prime university cities and towns in the United Kingdom. Its investment portfolio includes Centro Court, Bath Canalside, Bath Piccadilly Place, James House, and Edge Apartments among others. The company earns operating revenue from student accommodation rental.