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Agat Ejendomme A/S (FRA:2TD) Days Payable : 7.84 (As of Jan. 2024)


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What is Agat Ejendomme A/S Days Payable?

Agat Ejendomme A/S's average Accounts Payable for the three months ended in Jan. 2024 was €1.88 Mil. Agat Ejendomme A/S's Cost of Goods Sold for the three months ended in Jan. 2024 was €21.86 Mil. Hence, Agat Ejendomme A/S's Days Payable for the three months ended in Jan. 2024 was 7.84.

The historical rank and industry rank for Agat Ejendomme A/S's Days Payable or its related term are showing as below:

FRA:2TD' s Days Payable Range Over the Past 10 Years
Min: 22.5   Med: 53.38   Max: 113.76
Current: 22.5

During the past 13 years, Agat Ejendomme A/S's highest Days Payable was 113.76. The lowest was 22.50. And the median was 53.38.

FRA:2TD's Days Payable is ranked worse than
85.45% of 1574 companies
in the Real Estate industry
Industry Median: 96.755 vs FRA:2TD: 22.50

Agat Ejendomme A/S's Days Payable declined from Jan. 2023 (9.76) to Jan. 2024 (7.84). It may suggest that Agat Ejendomme A/S accelerated paying its suppliers.


Agat Ejendomme A/S Days Payable Historical Data

The historical data trend for Agat Ejendomme A/S'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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Agat Ejendomme A/S Days Payable Chart

Agat Ejendomme A/S Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.43 113.45 108.46 35.68 22.89

Agat Ejendomme A/S Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 9.76 76.48 47.67 36.65 7.84

Competitive Comparison of Agat Ejendomme A/S's Days Payable

For the Real Estate Services subindustry, Agat Ejendomme A/S'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.


Agat Ejendomme A/S's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Agat Ejendomme A/S's Days Payable distribution charts can be found below:

* The bar in red indicates where Agat Ejendomme A/S's Days Payable falls into.



Agat Ejendomme A/S 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.

Agat Ejendomme A/S's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (2.245 + 1.959) / 2 ) / 33.517*365
=2.102 / 33.517*365
=22.89

Agat Ejendomme A/S's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (1.797 + 1.959) / 2 ) / 21.857*365 / 4
=1.878 / 21.857*365 / 4
=7.84

* 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.


Agat Ejendomme A/S Days Payable Related Terms

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Agat Ejendomme A/S (FRA:2TD) Business Description

Traded in Other Exchanges
Address
Vestre Havnepromenade 7, 3rd Floor, Aalborg, DNK, 9000
Agat Ejendomme A/S develops, builds and invests in properties that create value to the people who live, work and do their shopping in these properties. The properties developed by the company are either included in the company's property portfolio or sold to end-users or investors. The company's strategic focus is on the development of a diversified property portfolio in Denmark and on property development activities in Denmark. In terms of segments, the company is engaged in three business areas such as Real estate portfolio, Development activities, and Residual activities.

Agat Ejendomme A/S (FRA:2TD) Headlines

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