Deutsche EuroShop AG (LTS:0I3Z) Days Payable : 103.09 (As of Mar. 2024)

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What is Deutsche EuroShop AG Days Payable?

Deutsche EuroShop AG's average Accounts Payable for the three months ended in Mar. 2024 was €11.7 Mil. Deutsche EuroShop AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €10.3 Mil. Hence, Deutsche EuroShop AG's Days Payable for the three months ended in Mar. 2024 was 103.09.

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

LTS:0I3Z' s Days Payable Range Over the Past 10 Years
Min: 8.4 Med: 48.04 Max: 68.89
Current: 60.01

During the past 13 years, Deutsche EuroShop AG's highest Days Payable was 68.89. The lowest was 8.40. And the median was 48.04.

LTS:0I3Z's Days Payable is ranked worse than
65.14% of 1572 companies
in the Real Estate industry
Industry Median: 100.22 vs LTS:0I3Z: 60.01

Deutsche EuroShop AG's Days Payable increased from Mar. 2023 (66.38) to Mar. 2024 (103.09). It may suggest that Deutsche EuroShop AG delayed paying its suppliers.

Deutsche EuroShop AG Days Payable Historical Data

The historical data trend for Deutsche EuroShop AG'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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Deutsche EuroShop AG Days Payable Chart

Deutsche EuroShop AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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60.28

58.76

48.49

65.78

68.89

Deutsche EuroShop AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															66.38	40.00	38.34	56.93	103.09

Competitive Comparison of Deutsche EuroShop AG's Days Payable

For the Real Estate Services subindustry, Deutsche EuroShop AG'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.

Deutsche EuroShop AG's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deutsche EuroShop AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Deutsche EuroShop AG's Days Payable falls into.

Deutsche EuroShop AG 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.

Deutsche EuroShop AG'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
=	( (8.067	+	10.635)	/	2 )	/	49.542	*	365
=	9.351					/	49.542	*	365
=	68.89

Deutsche EuroShop AG's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (10.635	+	12.67)	/	2 )	/	10.314	*	365 / 4
=	11.6525					/	10.314	*	365 / 4
=	103.09

Deutsche EuroShop AG Days Payable Related Terms

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Deutsche EuroShop AG (LTS:0I3Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Deutsche EuroShop AG (LTS:0I3Z) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1DEQ:Italy DEQ:Germany DEQ:Germany DEQ:Germany DEQ:Germany DEQ:Austria

Address

Heegbarg 36, Hamburg, DEU, 22391

Website

https://www.deutsche-euroshop.com

Deutsche EuroShop AG is a German real estate investment firm that invests in shopping centers. The company's properties are mostly located in Germany, with the remainder in Austria, Poland, Hungary, and the Czech Republic. The company generates revenue from leasing properties to tenants, which include general retailers, consumer electronics retailers, and fashion and accessories stores. Deutsche EuroShop operates through two geographical segments: domestic, which contributes the majority of consolidated revenue, and international.

Deutsche EuroShop AG (LTS:0I3Z) Headlines

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