Equites Property Fund (JSE:EQU) Days Payable : 406.76 (As of Aug. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Equites Property Fund Days Payable?

Equites Property Fund's average Accounts Payable for the six months ended in Aug. 2023 was R486 Mil. Equites Property Fund's Cost of Goods Sold for the six months ended in Aug. 2023 was R218 Mil. Hence, Equites Property Fund's Days Payable for the six months ended in Aug. 2023 was 406.76.

The historical rank and industry rank for Equites Property Fund's Days Payable or its related term are showing as below:

JSE:EQU' s Days Payable Range Over the Past 10 Years
Min: 127.75 Med: 368.73 Max: 1140.11
Current: 139.15

During the past 9 years, Equites Property Fund's highest Days Payable was 1140.11. The lowest was 127.75. And the median was 368.73.

JSE:EQU's Days Payable is ranked better than
52.11% of 522 companies
in the REITs industry
Industry Median: 128.505 vs JSE:EQU: 139.15

Equites Property Fund's Days Payable declined from Aug. 2022 (588.85) to Aug. 2023 (406.76). It may suggest that Equites Property Fund accelerated paying its suppliers.

Equites Property Fund Days Payable Historical Data

The historical data trend for Equites Property Fund'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.

* Premium members only.

Equites Property Fund Days Payable Chart

Equites Property Fund Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

Get a 7-Day Free Trial

368.73

856.47

1,140.11

912.26

157.35

Equites Property Fund Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Payable	Get a 7-Day Free Trial														1,329.72	1,000.15	588.85	82.59	406.76

Competitive Comparison of Equites Property Fund's Days Payable

For the REIT - Industrial subindustry, Equites Property Fund'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.

Equites Property Fund's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Equites Property Fund's Days Payable falls into.

Equites Property Fund 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.

Equites Property Fund's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (572.364	+	472.625)	/	2 )	/	1212.004	*	365
=	522.4945					/	1212.004	*	365
=	157.35

Equites Property Fund's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (472.625	+	499.955)	/	2 )	/	218.183	*	365 / 2
=	486.29					/	218.183	*	365 / 2
=	406.76

Equites Property Fund Days Payable Related Terms

Thank you for viewing the detailed overview of Equites Property Fund's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Equites Property Fund (JSE:EQU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equites Property Fund Ltd (JSE:EQU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001

Website

https://www.equites.co.za

Equites Property Fund Ltd is a real estate investment trust based in South Africa. It is engaged in the investment in and development of commercial properties in the industrial sector. The group has assessed its operations and determined its segments in line with the clear geographic distinction between South Africa and the United Kingdom. SA Industrial segment generates the revenue.

Equites Property Fund (JSE:EQU) Headlines

No Headlines