Cibus Nordic Real Estate AB (OSTO:CIBUS) Days Payable : 29.71 (As of Mar. 2024)

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What is Cibus Nordic Real Estate AB Days Payable?

Cibus Nordic Real Estate AB's average Accounts Payable for the three months ended in Mar. 2024 was kr5 Mil. Cibus Nordic Real Estate AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr15 Mil. Hence, Cibus Nordic Real Estate AB's Days Payable for the three months ended in Mar. 2024 was 29.71.

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

OSTO:CIBUS' s Days Payable Range Over the Past 10 Years
Min: 7.21 Med: 12.9 Max: 16.05
Current: 7.21

During the past 6 years, Cibus Nordic Real Estate AB's highest Days Payable was 16.05. The lowest was 7.21. And the median was 12.90.

OSTO:CIBUS's Days Payable is ranked worse than
95.19% of 1580 companies
in the Real Estate industry
Industry Median: 99.26 vs OSTO:CIBUS: 7.21

Cibus Nordic Real Estate AB's Days Payable declined from Mar. 2023 (63.40) to Mar. 2024 (29.71). It may suggest that Cibus Nordic Real Estate AB accelerated paying its suppliers.

Cibus Nordic Real Estate AB Days Payable Historical Data

The historical data trend for Cibus Nordic Real Estate AB'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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Cibus Nordic Real Estate AB Days Payable Chart

Cibus Nordic Real Estate AB Annual Data

Trend

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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16.05

9.31

12.65

13.87

12.90

Cibus Nordic Real Estate AB 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															63.40	38.79	34.17	2.57	29.71

Competitive Comparison of Cibus Nordic Real Estate AB's Days Payable

For the Real Estate Services subindustry, Cibus Nordic Real Estate AB'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.

Cibus Nordic Real Estate AB's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cibus Nordic Real Estate AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Cibus Nordic Real Estate AB's Days Payable falls into.

Cibus Nordic Real Estate AB 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.

Cibus Nordic Real Estate AB'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
=	( (12.445	+	7.539)	/	2 )	/	282.739	*	365
=	9.992					/	282.739	*	365
=	12.90

Cibus Nordic Real Estate AB'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
=	( (7.539	+	2.263)	/	2 )	/	15.051	*	365 / 4
=	4.901					/	15.051	*	365 / 4
=	29.71

Cibus Nordic Real Estate AB Days Payable Related Terms

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Cibus Nordic Real Estate AB (OSTO:CIBUS) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

0ABQ:UK 6N5:Germany

Address

Kungsgatan 56, Stockholm, SWE, SE-111 22

Website

https://www.cibusnordic.com

Cibus Nordic Real Estate AB is a real estate company with the business idea to acquire, develop and manage high-quality properties in the Nordics with reputable grocery and daily-goods store chains as their anchor tenants. It controls and operates distribution networks for grocery trade and parcel services. The company's majority portion of revenue is derived from the Helsinki region.

Cibus Nordic Real Estate AB (OSTO:CIBUS) Headlines

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