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Glenveagh Properties (DUB:GVR) Days Payable : 24.02 (As of Dec. 2023)


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What is Glenveagh Properties Days Payable?

Glenveagh Properties's average Accounts Payable for the six months ended in Dec. 2023 was €46.3 Mil. Glenveagh Properties's Cost of Goods Sold for the six months ended in Dec. 2023 was €351.6 Mil. Hence, Glenveagh Properties's Days Payable for the six months ended in Dec. 2023 was 24.02.

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

DUB:GVR' s Days Payable Range Over the Past 10 Years
Min: 4.48   Med: 7.24   Max: 114.8
Current: 24.49

During the past 7 years, Glenveagh Properties's highest Days Payable was 114.80. The lowest was 4.48. And the median was 7.24.

DUB:GVR's Days Payable is ranked worse than
67.71% of 96 companies
in the Homebuilding & Construction industry
Industry Median: 42.29 vs DUB:GVR: 24.49

Glenveagh Properties's Days Payable increased from Dec. 2022 (20.21) to Dec. 2023 (24.02). It may suggest that Glenveagh Properties delayed paying its suppliers.


Glenveagh Properties Days Payable Historical Data

The historical data trend for Glenveagh Properties'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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Glenveagh Properties Days Payable Chart

Glenveagh Properties Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 31.97 8.94 4.48 4.53 5.53

Glenveagh Properties Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.26 44.17 20.21 58.32 24.02

Competitive Comparison of Glenveagh Properties's Days Payable

For the Residential Construction subindustry, Glenveagh Properties'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.


Glenveagh Properties's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Glenveagh Properties's Days Payable distribution charts can be found below:

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



Glenveagh Properties 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.

Glenveagh Properties'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
=( (7.132 + 7.875) / 2 ) / 495.207*365
=7.5035 / 495.207*365
=5.53

Glenveagh Properties'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (84.67 + 7.875) / 2 ) / 351.56*365 / 2
=46.2725 / 351.56*365 / 2
=24.02

* 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.


Glenveagh Properties Days Payable Related Terms

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Glenveagh Properties (DUB:GVR) Business Description

Traded in Other Exchanges
Address
Block B, Straffan Road, Maynooth Business Campus, Maynooth, Kildare, IRL, W23 W5X7
Glenveagh Properties PLC is engaged in homebuilding in Ireland. The company is organised into three key reportable segments, 1) The Suburban segment is engaged in housing (with some low rise apartments) with demand coming from private buyers and institutions. 2) Urban segment is engaged in developing apartments to deliver to institutional investors. The apartments are located primarily in Dublin and Cork, but also on sites adjacent to significant rail transportation hubs. 3) Partnerships segment involves the Government, local authorities, or state agencies contributing their land on a reduced cost, or phased basis into a development agreement with Glenveagh. Approximately 50% of the product is delivered back to the government or local authority via social and affordable homes.

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