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MYCB (My City Builders) Days Payable : 749.55 (As of Jan. 2025)


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What is My City Builders Days Payable?

My City Builders's average Accounts Payable for the three months ended in Jan. 2025 was $0.06 Mil. My City Builders's Cost of Goods Sold for the three months ended in Jan. 2025 was $0.01 Mil. Hence, My City Builders's Days Payable for the three months ended in Jan. 2025 was 749.55.

The historical rank and industry rank for My City Builders's Days Payable or its related term are showing as below:

MYCB' s Days Payable Range Over the Past 10 Years
Min: 1986.21   Med: 4145.36   Max: 4145.36
Current: 1986.21

During the past 13 years, My City Builders's highest Days Payable was 4145.36. The lowest was 1986.21. And the median was 4145.36.

MYCB's Days Payable is ranked better than
96.61% of 1564 companies
in the Real Estate industry
Industry Median: 94.895 vs MYCB: 1986.21

My City Builders's Days Payable declined from Jan. 2024 (7,695.42) to Jan. 2025 (749.55). It may suggest that My City Builders accelerated paying its suppliers.

My City Builders Days Payable Historical Data

The historical data trend for My City Builders'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.

My City Builders Days Payable Chart

My City Builders Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4,145.36

My City Builders Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 7,695.42 10,448.13 1,699.53 834.29 749.55

Competitive Comparison of My City Builders's Days Payable

For the Real Estate - Development subindustry, My City Builders'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.

My City Builders's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, My City Builders's Days Payable distribution charts can be found below:

* The bar in red indicates where My City Builders's Days Payable falls into.


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My City Builders 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.

My City Builders's Days Payable for the fiscal year that ended in Jul. 2024 is calculated as

Days Payable (A: Jul. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2023 ) + Accounts Payable (A: Jul. 2024 )) / count ) / Cost of Goods Sold (A: Jul. 2024 )*Days in Period
=( (0.238 + 0.08) / 2 ) / 0.014*365
=0.159 / 0.014*365
=4,145.36

My City Builders's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

Days Payable (Q: Jan. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2024 ) + Accounts Payable (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (0.048 + 0.067) / 2 ) / 0.007*365 / 4
=0.0575 / 0.007*365 / 4
=749.55

* 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.

My City Builders Days Payable Related Terms

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My City Builders Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » My City Builders Inc (OTCPK:MYCB) » Definitions » Days Payable
Comparable Companies
AEI ILAL XIN MTPP SRRE TPHS SGD JFB DFM:EMAAR HKSE:00016 PHS:HVN HKSE:01109 TSE:1925 HKSE:00688 BOM:532868 ADX:ALDAR HKSE:01113 BOM:543287 SHSE:600048 DFM:EMAARDEV
Traded in Other Exchanges
N/A
Address
100 Biscayne Boulevard, Suite 1611, Miami, FL, USA, 33132
Website
https://www.mycitybuilders.com
My City Builders Inc with its subsidiary focuses on real estate transactions, in which it buys and develops real estate for sale or rent of low-income housing. It also plans to invest in three sectors of the market by buying, refurbishing, and selling traditional foreclosures, buying, developing, and renting Land Banks that have an average pool of homes or lots, and buying, refurbishing, or developing and selling homes made available by the government through HECM pools.
Executives
Francis Pittilloni director 488 NE 18TH STREET, APARTMENT 2307, MIAMI FL 33132
Yolanda Goodell director 1115 EAST 500 NORTH, LEHI UT 84043
Gonzalez Romero Jose Maria Eduardo director PH TORRE LA CRESTA, BELLAVISTA R1 0801
Iconic Private Equity Partners 10 percent owner 8/F, ASIA STANDARD TOWER, NO. 59-65 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Daniel Tsai director, officer: CEO, CFO, President 7579 NORTHRUP DR., SAN DIEGO CA 92126
Jennifer Irons officer: Chief Financial Officer 203 - 1634 HARVEY AVENUE, KELOWNA A1 V1V 6G2
Chad Ulansky director, officer: CEO&Pres, Treasurer, Secretary 203 - 1634 HARVEY AVE., KELOWNA A1 V1Y 6G2