Balwin Properties (JSE:BWN) Days Payable : 17.83 (As of Aug. 2023)

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What is Balwin Properties Days Payable?

Balwin Properties's average Accounts Payable for the six months ended in Aug. 2023 was R77 Mil. Balwin Properties's Cost of Goods Sold for the six months ended in Aug. 2023 was R789 Mil. Hence, Balwin Properties's Days Payable for the six months ended in Aug. 2023 was 17.83.

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

JSE:BWN' s Days Payable Range Over the Past 10 Years
Min: 8.72 Med: 10.93 Max: 19.24
Current: 19.24

During the past 8 years, Balwin Properties's highest Days Payable was 19.24. The lowest was 8.72. And the median was 10.93.

JSE:BWN's Days Payable is ranked worse than
87.78% of 1579 companies
in the Real Estate industry
Industry Median: 97.02 vs JSE:BWN: 19.24

Balwin Properties's Days Payable increased from Aug. 2022 (17.19) to Aug. 2023 (17.83). It may suggest that Balwin Properties delayed paying its suppliers.

Balwin Properties Days Payable Historical Data

The historical data trend for Balwin Properties'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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Balwin Properties Days Payable Chart

Balwin Properties Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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10.57

8.79

11.80

11.37

8.72

Balwin Properties Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Payable	Get a 7-Day Free Trial												24.21	17.67	17.19	16.01	17.83

Competitive Comparison of Balwin Properties's Days Payable

For the Real Estate - Development subindustry, Balwin Properties'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.

Balwin Properties's Days Payable Distribution in the Real Estate Industry

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

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

Balwin Properties 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.

Balwin Properties's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (63.074	+	50.026)	/	2 )	/	2366.758	*	365
=	56.55					/	2366.758	*	365
=	8.72

Balwin Properties's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (50.026	+	104.146)	/	2 )	/	789.199	*	365 / 2
=	77.086					/	789.199	*	365 / 2
=	17.83

Balwin Properties Days Payable Related Terms

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Balwin Properties (JSE:BWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Balwin Properties Ltd (JSE:BWN) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196

Website

https://www.balwin.co.za

Balwin Properties Ltd is South Africa's residential property developer of large-scale, sectional title estates with a focus on high quality, environmentally efficient and affordable apartments with an lifestyle offering for residents. The operating segments of the company are: Sale of apartments, Provision of services to residential estates, Bond commission, Residential and commercial property rentals and Balwin Foundation.