Arco Vara AS (OTSE:ARC1T) Days Payable : 57.70 (As of Sep. 2024)

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What is Arco Vara AS Days Payable?

Arco Vara AS's average Accounts Payable for the three months ended in Sep. 2024 was €0.93 Mil. Arco Vara AS's Cost of Goods Sold for the three months ended in Sep. 2024 was €1.47 Mil. Hence, Arco Vara AS's Days Payable for the three months ended in Sep. 2024 was 57.70.

The historical rank and industry rank for Arco Vara AS's Days Payable or its related term are showing as below:

OTSE:ARC1T' s Days Payable Range Over the Past 10 Years
Min: 13.4 Med: 24.93 Max: 76.25
Current: 19.18

During the past 13 years, Arco Vara AS's highest Days Payable was 76.25. The lowest was 13.40. And the median was 24.93.

OTSE:ARC1T's Days Payable is ranked worse than
86.88% of 1570 companies
in the Real Estate industry
Industry Median: 97.7 vs OTSE:ARC1T: 19.18

Arco Vara AS's Days Payable declined from Sep. 2023 (6,237.95) to Sep. 2024 (57.70). It may suggest that Arco Vara AS accelerated paying its suppliers.

Arco Vara AS Days Payable Historical Data

The historical data trend for Arco Vara AS'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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Arco Vara AS Days Payable Chart

Arco Vara AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.83

22.60

31.57

30.69

27.25

Arco Vara AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															6,237.95	7.05	54.73	82.03	57.70

Competitive Comparison of Arco Vara AS's Days Payable

For the Real Estate - Development subindustry, Arco Vara AS'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.

Arco Vara AS's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arco Vara AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Arco Vara AS's Days Payable falls into.

Arco Vara AS 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.

Arco Vara AS'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
=	( (1.162	+	0.74)	/	2 )	/	12.74	*	365
=	0.951					/	12.74	*	365
=	27.25

Arco Vara AS's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.765	+	1.099)	/	2 )	/	1.474	*	365 / 4
=	0.932					/	1.474	*	365 / 4
=	57.70

Arco Vara AS Days Payable Related Terms

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Arco Vara AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arco Vara AS (OTSE:ARC1T) » Definitions » Days Payable

Traded in Other Exchanges

AV1:Germany

Address

Rotermanni street 10, Tallinn, EST, 10111

Website

https://www.arcovara.com

Arco Vara AS is a real estate group in the Baltic States. The group is engaged in real estate development and services related to real estate. The main activity of the group is the development of complete living environments and related commercial real estate. In the development of the living environment, the completed homes are sold to the final consumer. The focus of the group is on the development of the residential real estate. The company operates in a single segment which is the construction and development segment. Its primary geographic markets are Estonia and Bulgaria.

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