Growthpoint Properties (Growthpoint Properties) Days Payable : 193.58 (As of Dec. 2023)

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What is Growthpoint Properties Days Payable?

Growthpoint Properties's average Accounts Payable for the six months ended in Dec. 2023 was $119.7 Mil. Growthpoint Properties's Cost of Goods Sold for the six months ended in Dec. 2023 was $112.9 Mil. Hence, Growthpoint Properties's Days Payable for the six months ended in Dec. 2023 was 193.58.

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

GWWTF' s Days Payable Range Over the Past 10 Years
Min: 47.47 Med: 72.59 Max: 235.93
Current: 235.93

During the past 13 years, Growthpoint Properties's highest Days Payable was 235.93. The lowest was 47.47. And the median was 72.59.

GWWTF's Days Payable is ranked better than
71.86% of 526 companies
in the REITs industry
Industry Median: 128.68 vs GWWTF: 235.93

Growthpoint Properties's Days Payable declined from Dec. 2022 (227.72) to Dec. 2023 (193.58). It may suggest that Growthpoint Properties accelerated paying its suppliers.

Growthpoint Properties Days Payable Historical Data

The historical data trend for Growthpoint 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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Growthpoint Properties Days Payable Chart

Growthpoint Properties Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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74.20

94.65

104.88

137.05

120.61

Growthpoint Properties 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															255.93	232.11	227.72	222.68	193.58

Competitive Comparison of Growthpoint Properties's Days Payable

For the REIT - Diversified subindustry, Growthpoint 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.

Growthpoint Properties's Days Payable Distribution in the REITs Industry

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

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

Growthpoint 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.

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

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (81.318	+	58.576)	/	2 )	/	211.685	*	365
=	69.947					/	211.685	*	365
=	120.61

Growthpoint Properties'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
=	( (58.576	+	180.864)	/	2 )	/	112.866	*	365 / 2
=	119.72					/	112.866	*	365 / 2
=	193.58

Growthpoint Properties Days Payable Related Terms

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Growthpoint Properties (Growthpoint Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Growthpoint Properties Ltd (OTCPK:GWWTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GRT:South Africa

Address

The Place, 1 Sandton Drive, PO Box 78949, Sandton, GT, ZAF, 2196

Website

https://www.growthpoint.co.za

Growthpoint Properties Ltd is a property investment holding company engaged in the ownership of a variety of properties in South Africa and Australia. The company generates majority of its revenue from the Retail and office segments. These buildings, which are mainly office parks and low rises, are also Growthpoint's maximum valuable real estate assets. The operating segments of the company include Retail, Office, Industrial, Trading and Development, V&A Waterfront, Healthcare (GHPH), Student Accommodation (GSAH), Lango, GWI, GOZ and C&R.