CBRE Group (CBRE Group) Days Payable

: 41.58 (As of Dec. 2023)

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CBRE Group's average Accounts Payable for the three months ended in Dec. 2023 was $3,232 Mil. CBRE Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $7,092 Mil. Hence, CBRE Group's Days Payable for the three months ended in Dec. 2023 was 41.58.

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

CBRE' s Days Payable Range Over the Past 10 Years
Min: 38.53 Med: 46.17 Max: 59.56
Current: 43.89

During the past 13 years, CBRE Group's highest Days Payable was 59.56. The lowest was 38.53. And the median was 46.17.

CBRE's Days Payable is ranked worse than
73.03% of 1572 companies
in the Real Estate industry
Industry Median: 96.765 vs CBRE: 43.89

CBRE Group's Days Payable increased from Dec. 2022 (40.72) to Dec. 2023 (41.58). It may suggest that CBRE Group delayed paying its suppliers.

CBRE Group Days Payable Historical Data

The historical data trend for CBRE Group'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.

CBRE Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

42.54

49.14

47.44

45.14

47.20

CBRE Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																40.72	46.24	43.52	41.28	41.58

Competitive Comparison

For the Real Estate Services subindustry, CBRE Group'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.

CBRE Group Days Payable Distribution

For the Real Estate industry and Real Estate sector, CBRE Group's Days Payable distribution charts can be found below:

* The bar in red indicates where CBRE Group's Days Payable falls into.

CBRE Group 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.

CBRE Group'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
=	( (3079	+	3562)	/	2 )	/	25675	*	365
=	3320.5					/	25675	*	365
=	47.20

CBRE Group'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
=	( (2901.451	+	3562)	/	2 )	/	7092.267	*	365 / 4
=	3231.7255					/	7092.267	*	365 / 4
=	41.58

CBRE Group Days Payable Related Terms

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CBRE Group (CBRE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CBRE Group Inc (NYSE:CBRE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CBRE:Mexico C1BR34:Brazil

Address

2100 McKinney Avenue, Suite 1250, Dallas, TX, USA, 75201

Website

https://www.cbre.com

CBRE Group provides a wide range of real estate services to owners, occupants, and investors worldwide, including leasing, property and project management, and capital markets advisory. Additionally, CBRE's investment management arm manages over $140 billion for clients across diverse public and private real estate strategies.

Executives

Brandon Boze	director	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Chandra Dhandapani	officer: Chief Digital & Tech. Officer	C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Lindsey S Caplan	officer: Chief Accounting Officer	2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Daniel G Queenan	officer: CEO, Real Estate Investments	C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Hutcheson Edward Mcvicar Blake	director	2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Emma E. Giamartino	officer: See Remarks	2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
J. Christopher Kirk	officer: EVP, Chief Admin. Officer	C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Robert E Sulentic	director, officer: Group President	C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Susan Meaney	director	9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Michael J Lafitte	officer: President, Americas	C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Laurence H Midler	officer: EVP & Secretary	C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Madeleine G Barber	officer: See Remarks	2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Vikramaditya Kohli	officer: See Remarks	2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
John E Durburg	officer: Chief Operating Officer	C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Oscar Munoz	director