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AvalonBay Communities (AvalonBay Communities) Days Payable : 33.43 (As of Dec. 2023)


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What is AvalonBay Communities Days Payable?

AvalonBay Communities's average Accounts Payable for the three months ended in Dec. 2023 was $92 Mil. AvalonBay Communities's Cost of Goods Sold for the three months ended in Dec. 2023 was $250 Mil. Hence, AvalonBay Communities's Days Payable for the three months ended in Dec. 2023 was 33.43.

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

AVB' s Days Payable Range Over the Past 10 Years
Min: 27.11   Med: 44.18   Max: 60.87
Current: 31.78

During the past 13 years, AvalonBay Communities's highest Days Payable was 60.87. The lowest was 27.11. And the median was 44.18.

AVB's Days Payable is ranked worse than
82.92% of 527 companies
in the REITs industry
Industry Median: 125.84 vs AVB: 31.78

AvalonBay Communities's Days Payable increased from Dec. 2022 (28.95) to Dec. 2023 (33.43). It may suggest that AvalonBay Communities delayed paying its suppliers.


AvalonBay Communities Days Payable Historical Data

The historical data trend for AvalonBay Communities'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.

* Premium members only.

AvalonBay Communities Days Payable Chart

AvalonBay Communities 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 44.93 41.18 33.62 27.11 29.64

AvalonBay Communities 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 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 28.95 30.08 32.41 33.23 33.43

Competitive Comparison of AvalonBay Communities's Days Payable

For the REIT - Residential subindustry, AvalonBay Communities'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.


AvalonBay Communities's Days Payable Distribution in the REITs Industry

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

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



AvalonBay Communities 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.

AvalonBay Communities'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
=( (72.802 + 87.703) / 2 ) / 988.132*365
=80.2525 / 988.132*365
=29.64

AvalonBay Communities'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
=( (95.758 + 87.703) / 2 ) / 250.379*365 / 4
=91.7305 / 250.379*365 / 4
=33.43

* 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.


AvalonBay Communities Days Payable Related Terms

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AvalonBay Communities (AvalonBay Communities) Business Description

Traded in Other Exchanges
Address
4040 Wilson Boulevard, Suite 1000, Arlington, VA, USA, 22203
AvalonBay Communities owns a portfolio of 276 apartment communities with over 82,000 units and is developing 18 additional properties with over 5,700 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.
Executives
Joanne M Lockeridge officer: Executive Vice President 4040 WILSON BOULEVARD, SUITE 1000, ARLINGTON VA 22203
Matthew H. Birenbaum officer: EVP, Strategy & Portfolio Mgmt 671 NORTH GLEBE ROAD, SUITE 800, ARLINGTON VA 22203
Mueller Charles E Jr director C/O AVALONBAY COMMUNITIES, INC., 4040 WILSON BLVD., SUITE 1000, ARLINGTON VA 22027
Edward M Schulman officer: Vice President-General Counsel
William M Mclaughlin officer: Executive Vice President AVALONBAY COMMUNITIES, INC., 2900 EISENHOWER AVENUE, SUITE 300, ALEXANDRIA VA 22314
Timothy J Naughton officer: Chief Operating Officer 2900 ELSENHOWER AVE 3RD FL, ALEXANDRIA VA 22314
Sean J. Breslin officer: Senior Vice President 2900 EISENHOWER AVE., SUITE 300, ALEXANDRIA VA 22314
Keri A Shea officer: VP-Finance and Treasurer 2900 EISEHOWER AVE., SUITE 300, ALEXANDRIA VA 22314
Kevin P. O'shea officer: Executive Vice President 671 N. GLEBE ROAD, SUITE 800, ARLINGTON VA 22203
Nnenna Lynch director 4040 WILSON BOULEVARD, SUITE1000, ARLINGTON VA 22203
Christopher B. Howard director 4040 WILSON BOULEVARD, SUITE 1000, ARLINGTON VA 22203
Benjamin Schall director, officer: President 261 BROADWAY, NO.11B, NEW YORK NY 10007
W Edward Walter director
Horey Leo S Iii officer: Senior Vice President 2900 ELSENHOWER AVE 3RD FL, ALEXANDRIA VA 22314
Stephen W Wilson officer: Executive Vice President C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201

AvalonBay Communities (AvalonBay Communities) Headlines