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Copenhagen Capital A/S (OCSE:CPHCAP ST) Days Payable : 106.89 (As of Dec. 2023)


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What is Copenhagen Capital A/S Days Payable?

Copenhagen Capital A/S's average Accounts Payable for the six months ended in Dec. 2023 was kr2.01 Mil. Copenhagen Capital A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was kr3.44 Mil. Hence, Copenhagen Capital A/S's Days Payable for the six months ended in Dec. 2023 was 106.89.

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

OCSE:CPHCAP ST' s Days Payable Range Over the Past 10 Years
Min: 66.08   Med: 104.9   Max: 225.98
Current: 110.42

During the past 13 years, Copenhagen Capital A/S's highest Days Payable was 225.98. The lowest was 66.08. And the median was 104.90.

OCSE:CPHCAP ST's Days Payable is ranked better than
53.32% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs OCSE:CPHCAP ST: 110.42

Copenhagen Capital A/S's Days Payable increased from Dec. 2022 (74.69) to Dec. 2023 (106.89). It may suggest that Copenhagen Capital A/S delayed paying its suppliers.


Copenhagen Capital A/S Days Payable Historical Data

The historical data trend for Copenhagen Capital 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.

* Premium members only.

Copenhagen Capital A/S Days Payable Chart

Copenhagen Capital A/S 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 - 66.08 93.16 117.25 104.90

Copenhagen Capital A/S Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 117.41 87.55 74.69 119.31 106.89

Competitive Comparison of Copenhagen Capital A/S's Days Payable

For the Real Estate Services subindustry, Copenhagen Capital 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.


Copenhagen Capital A/S's Days Payable Distribution in the Real Estate Industry

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

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



Copenhagen Capital 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.

Copenhagen Capital A/S'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
=( (2.286 + 1.711) / 2 ) / 6.954*365
=1.9985 / 6.954*365
=104.90

Copenhagen Capital A/S'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
=( (2.314 + 1.711) / 2 ) / 3.436*365 / 2
=2.0125 / 3.436*365 / 2
=106.89

* 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.


Copenhagen Capital A/S Days Payable Related Terms

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Copenhagen Capital A/S (OCSE:CPHCAP ST) Business Description

Traded in Other Exchanges
Address
Tingskiftevej 5, Hellerup, DNK, 2900
Copenhagen Capital A/S is an investment company. The Company invests in real estate and make direct and indirect investments based on analyzes of the properties options, location and condition. It also invests in leasing of housing and housing commercial real estate in Copenhagen.

Copenhagen Capital A/S (OCSE:CPHCAP ST) Headlines

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