InCity Immobilien AG (XTER:IC8) Days Payable: 95.08 (As of Jun. 2024)


XTER:IC8 InCity Immobilien AG XTER:IC8
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What is InCity Immobilien AG Days Payable?

InCity Immobilien AG XTER:IC8 10 Days Payable is 95.08 as of Jun. 2024. GuruFocus rates XTER:IC8 with a GF Score™ of 10/100.

InCity Immobilien AG's average Accounts Payable for the six months ended in Jun. 2024 was €1.03 Mil. InCity Immobilien AG's Cost of Goods Sold for the six months ended in Jun. 2024 was €1.98 Mil. Hence, InCity Immobilien AG's Days Payable for the six months ended in Jun. 2024 was 95.08.

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

XTER:IC8's Days Payable is not ranked *
in the Real Estate industry.
Industry Median: 94.38
* Ranked among companies with meaningful Days Payable only.

InCity Immobilien AG's Days Payable declined from Jun. 2023 (210.62) to Jun. 2024 (95.08). It may suggest that InCity Immobilien AG accelerated paying its suppliers.

InCity Immobilien AG Days Payable Historical Data

* Premium members only.

The historical data trend for InCity Immobilien AG'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.

InCity Immobilien AG Days Payable Chart

InCity Immobilien AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 190.55 104.00 107.43 172.60 10.68

InCity Immobilien AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 119.65 216.98 210.62 9.89 95.08

XTER:IC8 vs CBRE, CSGP, BEKE: Days Payable Comparison

For the Real Estate Services subindustry, InCity Immobilien AG'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.

InCity Immobilien AG Days Payable vs Real Estate Industry

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

* The bar in red indicates where InCity Immobilien AG's Days Payable falls into.


XTER:IC8
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InCity Immobilien AG XTER:IC8
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InCity Immobilien AG 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.

InCity Immobilien AG'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
=( (0.995 + 0.885) / 2 ) / 32.112*365
=0.94 / 32.112*365
=10.68

InCity Immobilien AG's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.885 + 1.173) / 2 ) / 1.975*365 / 2
=1.029 / 1.975*365 / 2
=95.08

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 95.08 mean?
InCity Immobilien AG (XTER:IC8) has a Days Payable of 95.08 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on InCity Immobilien AG and its competitors.
Is InCity Immobilien AG's Days Payable too high?
InCity Immobilien AG's current Days Payable is 95.08. The Real Estate industry median Days Payable is 94.38. InCity Immobilien AG's value of 95.08 is 0.7% above this industry median. Overall, InCity Immobilien AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does InCity Immobilien AG's Days Payable compare to CBRE and CSGP?
InCity Immobilien AG's Days Payable of 95.08 can be compared against companies in the Real Estate industry. The industry median Days Payable is 94.38. InCity Immobilien AG's value of 95.08 is 0.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Real Estate company?
The median Days Payable among Real Estate companies is 94.38, based on 1,568 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. InCity Immobilien AG's current Days Payable of 95.08 is 0.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on InCity Immobilien AG and its competitors. For the Real Estate industry, the median Days Payable is 94.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InCity Immobilien AG's current Days Payable is 95.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InCity Immobilien AG stock overvalued right now?
InCity Immobilien AG (XTER:IC8) has a current Days Payable of 95.08. The current Days Payable is 95.08 and 0.7% above the Real Estate industry median of 94.38. InCity Immobilien AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For InCity Immobilien AG (XTER:IC8), the current Days Payable is 95.08 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

InCity Immobilien AG Business Description

Address Beethovenstrasse 71, Frankfurt am Main, DEU, 60325
InCity Immobilien AG is a German company which operates in the real estate industry. The firm purchases and manages high-quality residential and commercial real estate projects. It also participates through partnership models with regional project developers in residential and commercial real estate projects in selected German metropolitan regions. The company's main activities comprise the investment and management, with partners, of undervalued residential and commercial real estate properties in metropolitan cities across Germany to add value to them and gain profit on their further resale or leasing.
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