Invesque (TSX:IVQ) Days Payable : 55.33 (As of Sep. 2024)

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What is Invesque Days Payable?

Invesque's average Accounts Payable for the three months ended in Sep. 2024 was C$20.1 Mil. Invesque's Cost of Goods Sold for the three months ended in Sep. 2024 was C$33.2 Mil. Hence, Invesque's Days Payable for the three months ended in Sep. 2024 was 55.33.

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

TSX:IVQ' s Days Payable Range Over the Past 10 Years
Min: 43.27 Med: 62.22 Max: 186.77
Current: 55.04

During the past 13 years, Invesque's highest Days Payable was 186.77. The lowest was 43.27. And the median was 62.22.

TSX:IVQ's Days Payable is ranked worse than
66.88% of 1570 companies
in the Real Estate industry
Industry Median: 97.7 vs TSX:IVQ: 55.04

Invesque's Days Payable increased from Sep. 2023 (48.08) to Sep. 2024 (55.33). It may suggest that Invesque delayed paying its suppliers.

Invesque Days Payable Historical Data

The historical data trend for Invesque'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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Invesque Days Payable Chart

Invesque Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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107.03

62.17

57.47

46.68

47.92

Invesque 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															48.08	57.94	50.99	60.96	55.33

Competitive Comparison of Invesque's Days Payable

For the Real Estate Services subindustry, Invesque'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.

Invesque's Days Payable Distribution in the Real Estate Industry

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

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

Invesque 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.

Invesque'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
=	( (17.776	+	23.204)	/	2 )	/	156.079	*	365
=	20.49					/	156.079	*	365
=	47.92

Invesque'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
=	( (21.499	+	18.798)	/	2 )	/	33.229	*	365 / 4
=	20.1485					/	33.229	*	365 / 4
=	55.33

Invesque Days Payable Related Terms

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Invesque Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Invesque Inc (TSX:IVQ) » Definitions » Days Payable

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Traded in Other Exchanges

MHIVF:USA IVQ.U:Canada

Address

333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7

Website

https://www.invesque.com

Invesque Inc is a Canada-based company engaged in owning income-producing seniors housing and care properties. The company focuses on acquiring and investing in properties that offer transitional care, long-term care, memory care assisted living, independent living programs, and medical office properties. The rental income generates maximum revenue for the company. It offers its services to the United States of America. Its operating segments comprise of Seniors housing and care investment properties, Owner occupied properties, Medical office buildings, and Corporate.

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