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Paref (XPAR:PAR) Days Payable : 162.14 (As of Dec. 2023)


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What is Paref Days Payable?

Paref's average Accounts Payable for the six months ended in Dec. 2023 was €1.25 Mil. Paref's Cost of Goods Sold for the six months ended in Dec. 2023 was €1.41 Mil. Hence, Paref's Days Payable for the six months ended in Dec. 2023 was 162.14.

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

XPAR:PAR' s Days Payable Range Over the Past 10 Years
Min: 27.87   Med: 113.65   Max: 303.21
Current: 100.11

During the past 13 years, Paref's highest Days Payable was 303.21. The lowest was 27.87. And the median was 113.65.

XPAR:PAR's Days Payable is ranked worse than
56.79% of 523 companies
in the REITs industry
Industry Median: 128.23 vs XPAR:PAR: 100.11

Paref's Days Payable increased from Dec. 2022 (84.32) to Dec. 2023 (162.14). It may suggest that Paref delayed paying its suppliers.


Paref Days Payable Historical Data

The historical data trend for Paref'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.

Paref Days Payable Chart

Paref 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 36.63 27.87 236.02 303.21 113.84

Paref 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 569.81 177.50 84.32 52.65 162.14

Competitive Comparison of Paref's Days Payable

For the REIT - Diversified subindustry, Paref'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.


Paref's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Paref's Days Payable falls into.



Paref 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.

Paref'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
=( (0.625 + 1.751) / 2 ) / 3.809*365
=1.188 / 3.809*365
=113.84

Paref'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
=( (0.758 + 1.751) / 2 ) / 1.412*365 / 2
=1.2545 / 1.412*365 / 2
=162.14

* 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.


Paref Days Payable Related Terms

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Paref (XPAR:PAR) Business Description

Traded in Other Exchanges
Address
153, Boulevard Haussmann, Paris, FRA, 75008
Paref is a France based Real Estate Investment Trust which owns and manages real estate business. It owns commercial buildings with a focus on offices and light industrial premises mainly located in the Paris Region. The company also owns the temporary usufruct of residential property in Paris.