Prestige Estates Projects (BOM:533274) Days Payable : 222.52 (As of Dec. 2023)

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What is Prestige Estates Projects Days Payable?

Prestige Estates Projects's average Accounts Payable for the three months ended in Dec. 2023 was ₹12,710 Mil. Prestige Estates Projects's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,212 Mil. Hence, Prestige Estates Projects's Days Payable for the three months ended in Dec. 2023 was 222.52.

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

BOM:533274' s Days Payable Range Over the Past 10 Years
Min: 73.19 Med: 107.94 Max: 183.29
Current: 122.05

During the past 13 years, Prestige Estates Projects's highest Days Payable was 183.29. The lowest was 73.19. And the median was 107.94.

BOM:533274's Days Payable is ranked better than
56.49% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs BOM:533274: 122.05

Prestige Estates Projects's Days Payable increased from Dec. 2022 (66.53) to Dec. 2023 (222.52). It may suggest that Prestige Estates Projects delayed paying its suppliers.

Prestige Estates Projects Days Payable Historical Data

The historical data trend for Prestige Estates Projects'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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Prestige Estates Projects Days Payable Chart

Prestige Estates Projects Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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183.29

102.08

97.58

112.25

103.63

Prestige Estates Projects Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															66.53	89.34	229.81	112.19	222.52

Competitive Comparison of Prestige Estates Projects's Days Payable

For the Real Estate - Diversified subindustry, Prestige Estates Projects'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.

Prestige Estates Projects's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Prestige Estates Projects's Days Payable falls into.

Prestige Estates Projects 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.

Prestige Estates Projects's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (9800	+	14514)	/	2 )	/	42819	*	365
=	12157					/	42819	*	365
=	103.63

Prestige Estates Projects's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (12710	+	0)	/	1 )	/	5212	*	365 / 4
=	12710					/	5212	*	365 / 4
=	222.52

Prestige Estates Projects Days Payable Related Terms

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Prestige Estates Projects (BOM:533274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prestige Estates Projects Ltd (BOM:533274) » Definitions » Days Payable

Traded in Other Exchanges

PRESTIGE:India

Address

No. 19, Brunton Road, Prestige Falcon Tower, Bangalore, KA, IND, 560025

Website

https://www.prestigeconstructions.com

Prestige Estates Projects Ltd is a real estate development group operating in South India, including in the cities of Chennai, Hyderabad, Kochi, Mysuru, Mangaluru, and Goa. The Prestige Group's property portfolio covers the residential, commercial, retail, property management, and hospitality segments. Projects include landmark malls, large townships, tech parks, hotels, and luxury villas. Most of the company's completed projects come from its Residential segment, while the overwhelming majority of new projects are also from its residential segment. The company generates the majority of its revenue from the Residential segment.

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