Persimmon PLC
LSE:PSN

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Persimmon PLC
LSE:PSN
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Price: 1 182 GBX -2.39% Market Closed
Market Cap: 3.8B GBX
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Persimmon PLC
Accounts Payable

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Persimmon PLC
Accounts Payable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accounts Payable CAGR 3Y CAGR 5Y CAGR 10Y
Persimmon PLC
LSE:PSN
Accounts Payable
ÂŁ789.5m
CAGR 3-Years
-2%
CAGR 5-Years
-5%
CAGR 10-Years
1%
Bellway PLC
LSE:BWY
Accounts Payable
ÂŁ713.4m
CAGR 3-Years
-6%
CAGR 5-Years
0%
CAGR 10-Years
7%
Berkeley Group Holdings PLC
LSE:BKG
Accounts Payable
ÂŁ1.9B
CAGR 3-Years
5%
CAGR 5-Years
4%
CAGR 10-Years
4%
Taylor Wimpey PLC
LSE:TW
Accounts Payable
ÂŁ1B
CAGR 3-Years
1%
CAGR 5-Years
0%
CAGR 10-Years
2%
Redrow PLC
LSE:RDW
Accounts Payable
ÂŁ657m
CAGR 3-Years
-9%
CAGR 5-Years
-1%
CAGR 10-Years
9%
Barratt Developments P L C
LSE:BDEV
Accounts Payable
ÂŁ887.2m
CAGR 3-Years
-10%
CAGR 5-Years
2%
CAGR 10-Years
-1%
No Stocks Found

Persimmon PLC
Glance View

Market Cap
3.8B GBX
Industry
Consumer products

Persimmon PLC is a prominent player in the UK’s residential construction industry, deeply woven into the country’s architectural and economic fabric. Founded in 1972, the company has carved out a robust reputation as one of the leading housebuilding enterprises, focusing primarily on constructing homes for sale under various recognizable brands such as Persimmon Homes, Charles Church, and Westbury Partnerships. With a business model centered around volume building, Persimmon sources land, secures planning permission, and builds homes across a diverse range of styles and price points. This extensive process is aimed at catering to a broad demographic, from first-time buyers to those seeking larger, family-oriented dwellings, ensuring a steady flow of revenue despite economic fluctuations. The company's financial engine is driven by a strategic approach to land acquisition and development, making it critical to Persimmon's profitability and sustainability. By securing land at competitive prices and maintaining a forward land bank, Persimmon has managed to keep construction costs per unit low while ensuring a steady pipeline of future projects. This, coupled with efficient supply chain management and cost-effective construction practices, allows the company to maintain attractive margins. Mortgage availability and government initiatives such as the Help to Buy scheme have been instrumental, enabling more consumers to purchase homes, thus driving up Persimmon's sales and profits. Through its strategic land investments and diversified product offerings, Persimmon continues to profit from both steady demand in the housing market and its ability to deliver homes efficiently, cementing its position as a cornerstone of the UK housing sector.

PSN Intrinsic Value
1 503.53 GBX
Undervaluation 21%
Intrinsic Value
Price

See Also

What is Persimmon PLC's Accounts Payable?
Accounts Payable
789.5m GBP

Based on the financial report for Jun 30, 2024, Persimmon PLC's Accounts Payable amounts to 789.5m GBP.

What is Persimmon PLC's Accounts Payable growth rate?
Accounts Payable CAGR 10Y
1%

Over the last year, the Accounts Payable growth was 3%. The average annual Accounts Payable growth rates for Persimmon PLC have been -2% over the past three years , -5% over the past five years , and 1% over the past ten years .

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