Altarea SCA (LTS:0IRK) Days Payable : 225.89 (As of Jun. 2024)

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What is Altarea SCA Days Payable?

Altarea SCA's average Accounts Payable for the six months ended in Jun. 2024 was €1,110 Mil. Altarea SCA's Cost of Goods Sold for the six months ended in Jun. 2024 was €897 Mil. Hence, Altarea SCA's Days Payable for the six months ended in Jun. 2024 was 225.89.

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

LTS:0IRK' s Days Payable Range Over the Past 10 Years
Min: 123.2 Med: 159.73 Max: 215.92
Current: 188.79

During the past 13 years, Altarea SCA's highest Days Payable was 215.92. The lowest was 123.20. And the median was 159.73.

LTS:0IRK's Days Payable is ranked better than
66.9% of 562 companies
in the REITs industry
Industry Median: 108.93 vs LTS:0IRK: 188.79

Altarea SCA's Days Payable increased from Jun. 2023 (183.65) to Jun. 2024 (225.89). It may suggest that Altarea SCA delayed paying its suppliers.

Altarea SCA Days Payable Historical Data

The historical data trend for Altarea SCA'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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Altarea SCA Days Payable Chart

Altarea SCA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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138.73

166.06

169.65

161.98

177.53

Altarea SCA Semi-Annual Data
	Dec14	Jun15	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															168.69	145.40	183.65	164.54	225.89

Competitive Comparison of Altarea SCA's Days Payable

For the REIT - Residential subindustry, Altarea SCA'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.

Altarea SCA's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Altarea SCA's Days Payable falls into.

Altarea SCA 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.

Altarea SCA'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
=	( (935.9	+	1121.4)	/	2 )	/	2114.9	*	365
=	1028.65					/	2114.9	*	365
=	177.53

Altarea SCA'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
=	( (1121.4	+	1098.9)	/	2 )	/	896.9	*	365 / 2
=	1110.15					/	896.9	*	365 / 2
=	225.89

Altarea SCA Days Payable Related Terms

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Altarea SCA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Altarea SCA (LTS:0IRK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ALTA:France XAL:Germany

Address

87 rue de Richelieu, Paris, FRA, 75008

Website

https://www.altarea.com

Altarea SCA is a real estate investment trust predominantly engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. Its operating segments are; Retail; Residential; Business property; New businesses; and Others. Maximum rental income is generated from the Retail segment which consists of shopping centers under management or development. Geographically, it generates maximum revenue from France and the rest from Italy, Spain, and other regions.

Altarea SCA Headlines

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