CTO Realty Growth (CTO Realty Growth) Days Payable : 36.46 (As of Dec. 2023)

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What is CTO Realty Growth Days Payable?

CTO Realty Growth's average Accounts Payable for the three months ended in Dec. 2023 was $3.4 Mil. CTO Realty Growth's Cost of Goods Sold for the three months ended in Dec. 2023 was $8.4 Mil. Hence, CTO Realty Growth's Days Payable for the three months ended in Dec. 2023 was 36.46.

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

CTO' s Days Payable Range Over the Past 10 Years
Min: 14.02 Med: 31.59 Max: 69.7
Current: 38.76

During the past 13 years, CTO Realty Growth's highest Days Payable was 69.70. The lowest was 14.02. And the median was 31.59.

CTO's Days Payable is ranked worse than
80.83% of 527 companies
in the REITs industry
Industry Median: 126.04 vs CTO: 38.76

CTO Realty Growth's Days Payable increased from Dec. 2022 (24.08) to Dec. 2023 (36.46). It may suggest that CTO Realty Growth delayed paying its suppliers.

CTO Realty Growth Days Payable Historical Data

The historical data trend for CTO Realty Growth'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.

CTO Realty Growth Days Payable Chart

CTO Realty Growth Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.26

29.20

14.02

25.71

32.06

CTO Realty Growth Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															24.08	33.50	42.14	50.29	36.46

Competitive Comparison of CTO Realty Growth's Days Payable

For the REIT - Diversified subindustry, CTO Realty Growth'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.

CTO Realty Growth's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where CTO Realty Growth's Days Payable falls into.

CTO Realty Growth 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.

CTO Realty Growth'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
=	( (2.544	+	2.758)	/	2 )	/	30.178	*	365
=	2.651					/	30.178	*	365
=	32.06

CTO Realty Growth'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.969	+	2.758)	/	2 )	/	8.419	*	365 / 4
=	3.3635					/	8.419	*	365 / 4
=	36.46

CTO Realty Growth Days Payable Related Terms

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CTO Realty Growth (CTO Realty Growth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CTO Realty Growth Inc (NYSE:CTO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8QB0:Germany

Address

369 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789

Website

https://www.ctlc.com

CTO Realty Growth Inc is a Florida-based real estate investment trust company, which owns income properties comprised of approximately 2.7 million square feet in diversified markets in the United States. Its portfolio of assets consists of Income Properties Portfolio, management services, Commercial Loan and Investments.

Executives

John P Albright	officer: President & CEO	PO BOX 10809, DAYTONA BEACH FL 32120
Matthew Morris Partridge	officer: SR. VP & CFO	70 E. LONG LAKE, BLOOMFIELD HILLS MI 48304
Daniel Earl Smith	officer: SVP, GEN COUNSEL & CORP SECRET	P.O. BOX 10809, DAYTONA BEACH FL 32120
Steven Robert Greathouse	officer: SVP-INVESTMENTS	PO BOX 10809, DAYTONA BEACH FL 32120
Robert Blakeslee Gable	director	PO BOX 10809, DAYTONA BEACH FL 32120
George R Brokaw	director	DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
Lisa Vorakoun	officer: VP & CHIEF ACCOUNTING OFFICER	1140 N. WILLIAMSON BLVD., SUITE 140, DAYTONA BEACH FL 32114
Christopher J Drew	director	PO BOX 10809, DAYTONA BEACH FL 32120
Christopher W Haga	director	PO BOX 10809, DAYTONA BEACH FL 32120
Laura M Franklin	director	CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Casey R Wold	director	C/O CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Howard C Serkin	director	712 SPINAKERS REACH, PONTE VEDRA FL 32082
Mark E Patten	officer: Sr. VP & CFO	PO BOX 10809, DAYTONA BEACH FL 32120
Wintergreen Fund, Inc.	10 percent owner	500 INTERNATIONAL DRIVE, SUITE 275, MOUNT OLIVE NJ 07828
William L. Olivari	director	141 SAGE BRUSH TRAIL, STE. D, ORMOND BEACH FL 32174