Stockland (Stockland) Days Payable : 233.60 (As of Dec. 2023)

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What is Stockland Days Payable?

Stockland's average Accounts Payable for the six months ended in Dec. 2023 was $421 Mil. Stockland's Cost of Goods Sold for the six months ended in Dec. 2023 was $329 Mil. Hence, Stockland's Days Payable for the six months ended in Dec. 2023 was 233.60.

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

STKAF' s Days Payable Range Over the Past 10 Years
Min: 58.06 Med: 71.29 Max: 174.51
Current: 174.51

During the past 13 years, Stockland's highest Days Payable was 174.51. The lowest was 58.06. And the median was 71.29.

STKAF's Days Payable is ranked better than
62.72% of 523 companies
in the REITs industry
Industry Median: 126.29 vs STKAF: 174.51

Stockland's Days Payable increased from Dec. 2022 (180.01) to Dec. 2023 (233.60). It may suggest that Stockland delayed paying its suppliers.

Stockland Days Payable Historical Data

The historical data trend for Stockland'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.

Stockland Days Payable Chart

Stockland Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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66.04

61.37

59.50

80.89

91.27

Stockland 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															181.73	137.45	180.01	112.12	233.60

Competitive Comparison of Stockland's Days Payable

For the REIT - Diversified subindustry, Stockland'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.

Stockland's Days Payable Distribution in the REITs Industry

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

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

Stockland 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.

Stockland'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
=	( (308.503	+	234.228)	/	2 )	/	1085.235	*	365
=	271.3655					/	1085.235	*	365
=	91.27

Stockland'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
=	( (234.228	+	607.095)	/	2 )	/	328.648	*	365 / 2
=	420.6615					/	328.648	*	365 / 2
=	233.60

Stockland Days Payable Related Terms

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Stockland (Stockland) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Stockland Corp Ltd (OTCPK:STKAF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LN1:Germany SGP:Australia

Address

133 Castlereagh Street, Level 25, Sydney, NSW, AUS, 2000

Website

https://www.stockland.com.au

Stockland is Australia's largest housing developer, and this division generates about a third of the group's funds-from-operations. Nearly two thirds comes from commercial property, about half of which is retail. It also has a growing land-lease business. The mix is evolving. Earnings from the residential development division are volatile though we expect volumes and margins to improve over the next five years, after a challenging 2023 where interest rate rises caused house price falls. In commercial property the group is trimming retail and adding office and industrial via acquisitions and developments. Stockland-stapled securities comprise one share in the corporation that largely operates developments and one unit in a trust that holds the property portfolio.

Stockland (Stockland) Headlines

From GuruFocus

Stockland Stock Appears To Be Fairly Valued

By GF Value GF Value • 05-18-2021