Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Days Payable : 23.12 (As of Dec. 2023)

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What is Olimpo Real Estate Portugal SIGI Days Payable?

Olimpo Real Estate Portugal SIGI's average Accounts Payable for the six months ended in Dec. 2023 was €0.06 Mil. Olimpo Real Estate Portugal SIGI's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.44 Mil. Hence, Olimpo Real Estate Portugal SIGI's Days Payable for the six months ended in Dec. 2023 was 23.12.

The historical rank and industry rank for Olimpo Real Estate Portugal SIGI's Days Payable or its related term are showing as below:

XLIS:MLORE' s Days Payable Range Over the Past 10 Years
Min: 4.5 Med: 8.24 Max: 24.12
Current: 19.15

During the past 5 years, Olimpo Real Estate Portugal SIGI's highest Days Payable was 24.12. The lowest was 4.50. And the median was 8.24.

XLIS:MLORE's Days Payable is not ranked
in the REITs industry.
Industry Median: 129.64 vs XLIS:MLORE: 19.15

Olimpo Real Estate Portugal SIGI's Days Payable declined from Dec. 2022 (26.18) to Dec. 2023 (23.12). It may suggest that Olimpo Real Estate Portugal SIGI accelerated paying its suppliers.

Olimpo Real Estate Portugal SIGI Days Payable Historical Data

The historical data trend for Olimpo Real Estate Portugal SIGI'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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Olimpo Real Estate Portugal SIGI Days Payable Chart

Olimpo Real Estate Portugal SIGI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

4.50

5.28

11.20

24.12

Olimpo Real Estate Portugal SIGI Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			15.21	26.15	26.18	11.47	23.12

Competitive Comparison of Olimpo Real Estate Portugal SIGI's Days Payable

For the REIT - Diversified subindustry, Olimpo Real Estate Portugal SIGI'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.

Olimpo Real Estate Portugal SIGI's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Olimpo Real Estate Portugal SIGI's Days Payable falls into.

Olimpo Real Estate Portugal SIGI 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.

Olimpo Real Estate Portugal SIGI'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
=	( (0.044	+	0.087)	/	2 )	/	0.991	*	365
=	0.0655					/	0.991	*	365
=	24.12

Olimpo Real Estate Portugal SIGI'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
=	( (0.025	+	0.087)	/	2 )	/	0.442	*	365 / 2
=	0.056					/	0.442	*	365 / 2
=	23.12

Olimpo Real Estate Portugal SIGI Days Payable Related Terms

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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Olimpo Real Estate Portugal SIGI SA (XLIS:MLORE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lugar do Espido, Via Norte, Miaia, PRT, 4471-909

Website

https://www.ores-portugal.com

Olimpo Real Estate Portugal SIGI SA is a real estate investment and asset management company. The company's objectives are to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Headlines

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