Globe Trade Centre (WAR:GTC) Days Payable : 228.59 (As of Sep. 2024)

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What is Globe Trade Centre Days Payable?

Globe Trade Centre's average Accounts Payable for the three months ended in Sep. 2024 was zł159.5 Mil. Globe Trade Centre's Cost of Goods Sold for the three months ended in Sep. 2024 was zł63.7 Mil. Hence, Globe Trade Centre's Days Payable for the three months ended in Sep. 2024 was 228.59.

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

WAR:GTC' s Days Payable Range Over the Past 10 Years
Min: 212.32 Med: 274.72 Max: 443.72
Current: 220.36

During the past 13 years, Globe Trade Centre's highest Days Payable was 443.72. The lowest was 212.32. And the median was 274.72.

WAR:GTC's Days Payable is ranked better than
72.65% of 1561 companies
in the Real Estate industry
Industry Median: 95.42 vs WAR:GTC: 220.36

Globe Trade Centre's Days Payable increased from Sep. 2023 (227.23) to Sep. 2024 (228.59). It may suggest that Globe Trade Centre delayed paying its suppliers.

Globe Trade Centre Days Payable Historical Data

The historical data trend for Globe Trade Centre'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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Globe Trade Centre Days Payable Chart

Globe Trade Centre Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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387.85

269.65

248.85

279.77

224.06

Globe Trade Centre 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															227.23	196.17	212.56	232.42	228.59

Competitive Comparison of Globe Trade Centre's Days Payable

For the Real Estate Services subindustry, Globe Trade Centre'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.

Globe Trade Centre's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Globe Trade Centre's Days Payable falls into.

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Globe Trade Centre 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.

Globe Trade Centre'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
=	( (162.231	+	124.305)	/	2 )	/	233.388	*	365
=	143.268					/	233.388	*	365
=	224.06

Globe Trade Centre'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
=	( (159.008	+	160.077)	/	2 )	/	63.687	*	365 / 4
=	159.5425					/	63.687	*	365 / 4
=	228.59

Globe Trade Centre Days Payable Related Terms

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Globe Trade Centre Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Globe Trade Centre SA (WAR:GTC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Komitetu Obrony Robotnikow 45A, Nothus Building, Warsaw, POL, 02-146

Website

https://www.gtc.com.pl

Globe Trade Centre SA is a real estate investor and developer that focuses its business in Poland and several capital cities in Eastern Europe. The group operates in Poland, Belgrade, Hungary, Bucharest, Zagreb, and Sofia. The group manages a real estate portfolio that includes commercial buildings in the form of offices and retail space. The commercial property portfolio is actively managed by the group. In terms of geographic location, almost half of the company's revenue comes from Poland and the remaining is made up of other geographic areas.

Globe Trade Centre Headlines

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