Acanthe Developpement (XPAR:ACAN) Days Payable : 311.52 (As of Dec. 2023)

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What is Acanthe Developpement Days Payable?

Acanthe Developpement's average Accounts Payable for the six months ended in Dec. 2023 was €0.76 Mil. Acanthe Developpement's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.45 Mil. Hence, Acanthe Developpement's Days Payable for the six months ended in Dec. 2023 was 311.52.

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

XPAR:ACAN' s Days Payable Range Over the Past 10 Years
Min: 254.81 Med: 602.2 Max: 801.21
Current: 337.49

During the past 13 years, Acanthe Developpement's highest Days Payable was 801.21. The lowest was 254.81. And the median was 602.20.

XPAR:ACAN's Days Payable is ranked better than
81.33% of 525 companies
in the REITs industry
Industry Median: 128.81 vs XPAR:ACAN: 337.49

Acanthe Developpement's Days Payable declined from Dec. 2022 (403.16) to Dec. 2023 (311.52). It may suggest that Acanthe Developpement accelerated paying its suppliers.

Acanthe Developpement Days Payable Historical Data

The historical data trend for Acanthe Developpement'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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Acanthe Developpement Days Payable Chart

Acanthe Developpement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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648.01

718.02

713.59

487.79

359.64

Acanthe Developpement 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															1,316.35	448.22	403.16	340.50	311.52

Competitive Comparison of Acanthe Developpement's Days Payable

For the REIT - Office subindustry, Acanthe Developpement'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.

Acanthe Developpement's Days Payable Distribution in the REITs Industry

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

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

Acanthe Developpement 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.

Acanthe Developpement'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
=	( (1.026	+	0.787)	/	2 )	/	0.92	*	365
=	0.9065					/	0.92	*	365
=	359.64

Acanthe Developpement'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
=	( (0.739	+	0.787)	/	2 )	/	0.447	*	365 / 2
=	0.763					/	0.447	*	365 / 2
=	311.52

Acanthe Developpement Days Payable Related Terms

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Acanthe Developpement (XPAR:ACAN) Business Description

Industry

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ADX:Germany

Address

2, rue de Bassano, Paris, FRA, 75116

Website

http://www.acanthedeveloppement.fr

Acanthe Developpement SA is a European property company. Acanthe owns a property portfolio mainly located in the central business district of Paris. The company is organized into four principal operating segments Office Space, Commercial Premises, Hotels, and Residential. It has an operational presence in Belgium and France. All of the company's revenue is generated in the real estate sector in France and Brussels.