INVL Baltic Farmland AB (OVSE:INL1L) Days Payable : 604.86 (As of Dec. 2023)

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What is INVL Baltic Farmland AB Days Payable?

INVL Baltic Farmland AB's average Accounts Payable for the six months ended in Dec. 2023 was €0.12 Mil. INVL Baltic Farmland AB's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.04 Mil. Hence, INVL Baltic Farmland AB's Days Payable for the six months ended in Dec. 2023 was 604.86.

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

OVSE:INL1L' s Days Payable Range Over the Past 10 Years
Min: 214.2 Med: 947.6 Max: 1776.33
Current: 969.86

During the past 11 years, INVL Baltic Farmland AB's highest Days Payable was 1776.33. The lowest was 214.20. And the median was 947.60.

OVSE:INL1L's Days Payable is ranked better than
93.44% of 1570 companies
in the Real Estate industry
Industry Median: 97.275 vs OVSE:INL1L: 969.86

INVL Baltic Farmland AB's Days Payable declined from Dec. 2022 (852.99) to Dec. 2023 (604.86). It may suggest that INVL Baltic Farmland AB accelerated paying its suppliers.

INVL Baltic Farmland AB Days Payable Historical Data

The historical data trend for INVL Baltic Farmland 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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INVL Baltic Farmland AB Days Payable Chart

INVL Baltic Farmland AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,153.40

1,460.00

1,523.48

904.57

646.57

INVL Baltic Farmland AB 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															1,166.41	-	852.99	-	604.86

Competitive Comparison of INVL Baltic Farmland AB's Days Payable

For the Real Estate Services subindustry, INVL Baltic Farmland 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.

INVL Baltic Farmland AB's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where INVL Baltic Farmland AB's Days Payable falls into.

INVL Baltic Farmland 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.

INVL Baltic Farmland 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
=	( (0.047	+	0.077)	/	2 )	/	0.035	*	365
=	0.062					/	0.035	*	365
=	646.57

INVL Baltic Farmland AB'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
=	( (0.155	+	0.077)	/	2 )	/	0.035	*	365 / 2
=	0.116					/	0.035	*	365 / 2
=	604.86

INVL Baltic Farmland AB Days Payable Related Terms

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INVL Baltic Farmland AB (OVSE:INL1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » INVL Baltic Farmland AB (OVSE:INL1L) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Gyneju Street 14, Vilnius, LTU, LT-01109

Website

https://www.invlbalticfarmland.lt

INVL Baltic Farmland AB is an investment company. It manages shares of entities investing in agricultural land and provides finance. The company owns agricultural land in Lithuania, which is rented to farmers and agricultural companies. It focuses on the growth of the quality of owned land and environmental sustainability. The company operates in a single segment of Agricultural land. It generates revenue from lease, interest, and other income.

INVL Baltic Farmland AB (OVSE:INL1L) Headlines

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