Citycon Oyj (LTS:0A0F) Days Payable : 177.30 (As of Mar. 2024)

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What is Citycon Oyj Days Payable?

Citycon Oyj's average Accounts Payable for the three months ended in Mar. 2024 was €54.6 Mil. Citycon Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was €28.1 Mil. Hence, Citycon Oyj's Days Payable for the three months ended in Mar. 2024 was 177.30.

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

LTS:0A0F' s Days Payable Range Over the Past 10 Years
Min: 45.76 Med: 70.59 Max: 254.59
Current: 254.59

During the past 13 years, Citycon Oyj's highest Days Payable was 254.59. The lowest was 45.76. And the median was 70.59.

LTS:0A0F's Days Payable is ranked better than
76.06% of 1579 companies
in the Real Estate industry
Industry Median: 99.69 vs LTS:0A0F: 254.59

Citycon Oyj's Days Payable increased from Mar. 2023 (163.59) to Mar. 2024 (177.30). It may suggest that Citycon Oyj delayed paying its suppliers.

Citycon Oyj Days Payable Historical Data

The historical data trend for Citycon Oyj'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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Citycon Oyj Days Payable Chart

Citycon Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.66

65.90

105.73

97.41

81.28

Citycon Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															163.59	321.54	301.17	189.53	177.30

Competitive Comparison of Citycon Oyj's Days Payable

For the Real Estate - Diversified subindustry, Citycon Oyj'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.

Citycon Oyj's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Citycon Oyj's Days Payable falls into.

Citycon Oyj 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.

Citycon Oyj'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
=	( (19.2	+	22.8)	/	2 )	/	94.3	*	365
=	21					/	94.3	*	365
=	81.28

Citycon Oyj's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (22.8	+	86.4)	/	2 )	/	28.1	*	365 / 4
=	54.6					/	28.1	*	365 / 4
=	177.30

Citycon Oyj Days Payable Related Terms

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Citycon Oyj (LTS:0A0F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Citycon Oyj (LTS:0A0F) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CTY1S:Finland TY2B:Germany

Address

Piispansilta 9 A 1, Iso Omena, Espoo, FIN, 02230

Website

https://www.citycon.com

Citycon Oyj owns, develops, and manages shopping centers and other retail properties in Finland, Norway, Sweden, Estonia, and Denmark. The company owns 33 centers and 1 other retail property. Among those centers, 9 are located in Finland, 2 in Estonia, 14 in Norway, 6 in Sweden and 2 in Denmark. Citycon's business operations are divided into 3 business units: 1) Finland, Estonia and Denmark 2)Sweden 3)Norway. The business units are further subdivided into clusters. The Finnish, Estonian and Danish unit is composed of two clusters, the Swedish unit of one cluster and the Norwegian unit of two.

Citycon Oyj (LTS:0A0F) Headlines

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