Societe de la Tour Eiffel (XPAR:EIFF) Days Payable : 547.63 (As of Dec. 2023)

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What is Societe de la Tour Eiffel Days Payable?

Societe de la Tour Eiffel's average Accounts Payable for the six months ended in Dec. 2023 was €12.81 Mil. Societe de la Tour Eiffel's Cost of Goods Sold for the six months ended in Dec. 2023 was €4.27 Mil. Hence, Societe de la Tour Eiffel's Days Payable for the six months ended in Dec. 2023 was 547.63.

The historical rank and industry rank for Societe de la Tour Eiffel's Days Payable or its related term are showing as below:

XPAR:EIFF' s Days Payable Range Over the Past 10 Years
Min: 287.31 Med: 474.09 Max: 3725.3
Current: 420.4

During the past 13 years, Societe de la Tour Eiffel's highest Days Payable was 3725.30. The lowest was 287.31. And the median was 474.09.

XPAR:EIFF's Days Payable is ranked better than
85.47% of 523 companies
in the REITs industry
Industry Median: 129.64 vs XPAR:EIFF: 420.40

Societe de la Tour Eiffel's Days Payable declined from Dec. 2022 (587.35) to Dec. 2023 (547.63). It may suggest that Societe de la Tour Eiffel accelerated paying its suppliers.

Societe de la Tour Eiffel Days Payable Historical Data

The historical data trend for Societe de la Tour Eiffel'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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Societe de la Tour Eiffel Days Payable Chart

Societe de la Tour Eiffel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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492.12

372.48

287.31

345.68

400.25

Societe de la Tour Eiffel 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															366.89	245.51	587.35	367.57	547.63

Competitive Comparison of Societe de la Tour Eiffel's Days Payable

For the REIT - Office subindustry, Societe de la Tour Eiffel'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.

Societe de la Tour Eiffel's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Societe de la Tour Eiffel's Days Payable distribution charts can be found below:

* The bar in red indicates where Societe de la Tour Eiffel's Days Payable falls into.

Societe de la Tour Eiffel 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.

Societe de la Tour Eiffel'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
=	( (16.603	+	10.193)	/	2 )	/	12.218	*	365
=	13.398					/	12.218	*	365
=	400.25

Societe de la Tour Eiffel'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
=	( (15.421	+	10.193)	/	2 )	/	4.268	*	365 / 2
=	12.807					/	4.268	*	365 / 2
=	547.63

Societe de la Tour Eiffel Days Payable Related Terms

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Societe de la Tour Eiffel (XPAR:EIFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Societe de la Tour Eiffel SA (XPAR:EIFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UVA:Germany

Address

20, rue de la Ville l'Eveque, Paris, FRA, 75008

Website

http://www.societetoureiffel.com

Societe de la Tour Eiffel SA is a real estate enterprise located in France. It's business activities include real estate holding and asset management, wherein it invests its investor's capital in real estate properties. The company's portfolio is comprised mainly of France-based office properties in the form of business parks, warehouses, parcel depots, light industrial and nursing homes. Societe de la Tour Eiffel carries out business through numerous subsidiaries, such as SNC Tour Eiffel Asset Management, SAS Locafimo, SCI Nowa, SCI Marceau Bezons, SCI Lyon Genlis, SCI De Brou, and SCI Rueil National.

Societe de la Tour Eiffel (XPAR:EIFF) Headlines

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