Icade (CDMGF) Days Payable : 248.52 (As of Dec. 2023)

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What is Icade Days Payable?

Icade's average Accounts Payable for the six months ended in Dec. 2023 was $789 Mil. Icade's Cost of Goods Sold for the six months ended in Dec. 2023 was $580 Mil. Hence, Icade's Days Payable for the six months ended in Dec. 2023 was 248.52.

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

CDMGF' s Days Payable Range Over the Past 10 Years
Min: 155.82 Med: 240.44 Max: 354.42
Current: 274.34

During the past 13 years, Icade's highest Days Payable was 354.42. The lowest was 155.82. And the median was 240.44.

CDMGF's Days Payable is ranked better than
76.15% of 524 companies
in the REITs industry
Industry Median: 126.16 vs CDMGF: 274.34

Icade's Days Payable increased from Dec. 2022 (244.09) to Dec. 2023 (248.52). It may suggest that Icade delayed paying its suppliers.

Icade Days Payable Historical Data

The historical data trend for Icade'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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Icade Days Payable Chart

Icade Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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354.35

336.87

259.55

261.71

261.09

Icade 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															248.57	249.40	244.09	313.84	248.52

Competitive Comparison of Icade's Days Payable

For the REIT - Diversified subindustry, Icade'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.

Icade's Days Payable Distribution in the REITs Industry

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

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

Icade 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.

Icade'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
=	( (721.186	+	754.853)	/	2 )	/	1031.734	*	365
=	738.0195					/	1031.734	*	365
=	261.09

Icade'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
=	( (823.727	+	754.853)	/	2 )	/	579.607	*	365 / 2
=	789.29					/	579.607	*	365 / 2
=	248.52

Icade Days Payable Related Terms

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Icade (CDMGF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Icade (OTCPK:CDMGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0K4O:UK ICAD:France 3IC:Germany

Address

Immeuble Open, 27, Rue Camille Desmoulins, Issy-les-Moulineaux, Paris, FRA, 92445

Website

http://www.icade.fr

Icade is a French real estate investment trust primarily involved in the ownership and management of commercial property around Paris. The vast majority of Icade's real estate portfolio is split between office and business park properties. Nearly all of these are located in Greater Paris with roughly half residing in the inner and outer rings of the metro area. Icade derives most of its revenue from its Property Development division through the sale of real estate. Rental income from short- to mid-term leases out of its Property Investment division also represents a substantial revenue stream. Institutional investors, private investors, and buyers represent fairly equal parts of the company's customer orders. Icade also has holdings in healthcare properties outside of the Paris region.