Banan Real Estate Co (SAU:9519) Days Payable : 22.31 (As of Dec. 2023)

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What is Banan Real Estate Co Days Payable?

Banan Real Estate Co's average Accounts Payable for the six months ended in Dec. 2023 was ﷼0.81 Mil. Banan Real Estate Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼6.61 Mil. Hence, Banan Real Estate Co's Days Payable for the six months ended in Dec. 2023 was 22.31.

The historical rank and industry rank for Banan Real Estate Co's Days Payable or its related term are showing as below:

SAU:9519' s Days Payable Range Over the Past 10 Years
Min: 19.63 Med: 21.28 Max: 22.93
Current: 21.41

During the past 4 years, Banan Real Estate Co's highest Days Payable was 22.93. The lowest was 19.63. And the median was 21.28.

SAU:9519's Days Payable is ranked worse than
86.58% of 1580 companies
in the Real Estate industry
Industry Median: 99.26 vs SAU:9519: 21.41

Banan Real Estate Co's Days Payable declined from Dec. 2022 (28.69) to Dec. 2023 (22.31). It may suggest that Banan Real Estate Co accelerated paying its suppliers.

Banan Real Estate Co Days Payable Historical Data

The historical data trend for Banan Real Estate Co'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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Banan Real Estate Co Days Payable Chart

Banan Real Estate Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

22.93

19.63

Banan Real Estate Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	-	28.69	22.29	22.31

Competitive Comparison of Banan Real Estate Co's Days Payable

For the Real Estate Services subindustry, Banan Real Estate Co'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.

Banan Real Estate Co's Days Payable Distribution in the Real Estate Industry

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

* The bar in red indicates where Banan Real Estate Co's Days Payable falls into.

Banan Real Estate Co 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.

Banan Real Estate Co'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
=	( (0.713	+	0.71)	/	2 )	/	13.23	*	365
=	0.7115					/	13.23	*	365
=	19.63

Banan Real Estate Co'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
=	( (0.905	+	0.71)	/	2 )	/	6.606	*	365 / 2
=	0.8075					/	6.606	*	365 / 2
=	22.31

Banan Real Estate Co Days Payable Related Terms

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Banan Real Estate Co (SAU:9519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Banan Real Estate Co (SAU:9519) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Takhassusi Road with Prince Sultan bin Abdulaziz Street, P.O. Box 42, Olaya District, Riyadh, SAU, 11411

Website

https://www.bananrealestate.com

Banan Real Estate Co is engaged in the field of investment and development of income-generating real estate. The main activity of the company is the management and leasing of commercial and residential real estate and hotels. Geographically company derives its revenue from Saudi Arabia.

Banan Real Estate Co (SAU:9519) Headlines

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