Quartiers Properties AB (OSTO:QUART) Days Payable : 27.92 (As of Mar. 2024)

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What is Quartiers Properties AB Days Payable?

Quartiers Properties AB's average Accounts Payable for the three months ended in Mar. 2024 was kr10.5 Mil. Quartiers Properties AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr34.3 Mil. Hence, Quartiers Properties AB's Days Payable for the three months ended in Mar. 2024 was 27.92.

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

OSTO:QUART' s Days Payable Range Over the Past 10 Years
Min: 7.56 Med: 27.02 Max: 84.32
Current: 11.05

During the past 9 years, Quartiers Properties AB's highest Days Payable was 84.32. The lowest was 7.56. And the median was 27.02.

OSTO:QUART's Days Payable is ranked worse than
92.08% of 1579 companies
in the Real Estate industry
Industry Median: 98.32 vs OSTO:QUART: 11.05

Quartiers Properties AB's Days Payable increased from Mar. 2023 (7.77) to Mar. 2024 (27.92). It may suggest that Quartiers Properties AB delayed paying its suppliers.

Quartiers Properties AB Days Payable Historical Data

The historical data trend for Quartiers Properties AB'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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Quartiers Properties AB Days Payable Chart

Quartiers Properties AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.98

28.06

9.67

9.21

7.56

Quartiers Properties AB Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															7.77	8.10	8.23	4.86	27.92

Competitive Comparison of Quartiers Properties AB's Days Payable

For the Real Estate Services subindustry, Quartiers Properties AB'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.

Quartiers Properties AB's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Quartiers Properties AB's Days Payable distribution charts can be found below:

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

Quartiers Properties AB 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.

Quartiers Properties AB'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
=	( (6.161	+	4.878)	/	2 )	/	266.54	*	365
=	5.5195					/	266.54	*	365
=	7.56

Quartiers Properties AB's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (4.878	+	16.122)	/	2 )	/	34.311	*	365 / 4
=	10.5					/	34.311	*	365 / 4
=	27.92

Quartiers Properties AB Days Payable Related Terms

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Quartiers Properties AB (OSTO:QUART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Quartiers Properties AB (OSTO:QUART) » Definitions » Days Payable

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QUART.PREF.PFD:Sweden

Address

Strandvagen 7 A, Stockholm, SWE, 114 56

Website

https://www.quartiersproperties.se

Quartiers Properties AB is a Sweden-based property developer. The company's portfolio includes both development properties and investment properties, which creates a long-term perspective in the portfolio, while the company can grow through the sale of apartments in the real estate market of Malaga region. Its segment includes Operator activities and Property sales. The company generates maximum revenue from the Property sales segment.

Quartiers Properties AB (OSTO:QUART) Headlines

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