Accentro Real Estate AG (LTS:0E80) Days Payable: 14.36 (As of Sep. 2023)

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LTS:0E80 Accentro Real Estate AG LTS:0E80
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What is Accentro Real Estate AG Days Payable?

Accentro Real Estate AG LTS:0E80 10 Days Payable is 14.36 as of Sep. 2023. GuruFocus rates LTS:0E80 with a GF Score™ of 10/100.

Accentro Real Estate AG's average Accounts Payable for the three months ended in Sep. 2023 was €2.98 Mil. Accentro Real Estate AG's Cost of Goods Sold for the three months ended in Sep. 2023 was €18.93 Mil. Hence, Accentro Real Estate AG's Days Payable for the three months ended in Sep. 2023 was 14.36.

The historical rank and industry rank for Accentro Real Estate AG's Days Payable or its related term are showing as below:

LTS:0E80's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.03
* Ranked among companies with meaningful Days Payable only.

Accentro Real Estate AG's Days Payable increased from Sep. 2022 (9.98) to Sep. 2023 (14.36). It may suggest that Accentro Real Estate AG delayed paying its suppliers.


Accentro Real Estate AG Days Payable Historical Data

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The historical data trend for Accentro Real Estate AG'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.

Accentro Real Estate AG Days Payable Chart

Accentro Real Estate AG Annual Data
Trend Jun13 Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.84 19.22 24.35 16.73 13.90

Accentro Real Estate AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 9.98 37.95 21.96 32.69 14.36

LTS:0E80 vs CBRE, CSGP, BEKE: Days Payable Comparison

For the Real Estate Services subindustry, Accentro Real Estate AG'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.


Accentro Real Estate AG Days Payable vs Real Estate Industry

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

* The bar in red indicates where Accentro Real Estate AG's Days Payable falls into.


LTS:0E80
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Accentro Real Estate AG LTS:0E80
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Accentro Real Estate AG 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.

Accentro Real Estate AG's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (5.343 + 3.934) / 2 ) / 121.828*365
=4.6385 / 121.828*365
=13.90

Accentro Real Estate AG's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (3.85 + 2.107) / 2 ) / 18.926*365 / 4
=2.9785 / 18.926*365 / 4
=14.36

* 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 14.36 mean?
Accentro Real Estate AG (LTS:0E80) has a Days Payable of 14.36 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Accentro Real Estate AG and its competitors.
Is Accentro Real Estate AG's Days Payable too high?
Accentro Real Estate AG's current Days Payable is 14.36. The Real Estate industry median Days Payable is 94.03. Accentro Real Estate AG's value of 14.36 is 84.7% below this industry median. Overall, Accentro Real Estate AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Accentro Real Estate AG's Days Payable compare to CBRE and CSGP?
Accentro Real Estate AG's Days Payable of 14.36 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.03. Accentro Real Estate AG's value of 14.36 is 84.7% below 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 1,571 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. Accentro Real Estate AG's current Days Payable of 14.36 is 84.7% below 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 Accentro Real Estate AG 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. Accentro Real Estate AG's current Days Payable is 14.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accentro Real Estate AG stock overvalued right now?
Accentro Real Estate AG (LTS:0E80) has a current Days Payable of 14.36. The current Days Payable is 14.36 and 84.7% below the Real Estate industry median of 94.03. Accentro Real Estate AG's overall GF Score™ is 10/100. 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 Accentro Real Estate AG (LTS:0E80), the current Days Payable is 14.36 as of Sep. 2023. 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.

Accentro Real Estate AG Business Description

Address Kantstrasse 44/45, Berlin, BB, DEU, D-10625
Accentro Real Estate AG is a residential property company. Its core business consists of trading residential real estate within the framework of housing privatizations. Its business activities include tenant-sensitive retailing of condominiums to private owner-occupiers and buy-to-let investors, sales of real-estate portfolios to institutional investors, management of proprietary real-estate portfolios, and provision of sales and property administration services to third parties. The company has three segments the trading and privatization business, the portfolio business, and the fee-based and service business. The company generates the majority of its revenue from the trading and privatization segment.
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