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Alta (WAR:AAT) Days Payable : 82.67 (As of Dec. 2023)


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What is Alta Days Payable?

Alta's average Accounts Payable for the three months ended in Dec. 2023 was zł0.43 Mil. Alta's Cost of Goods Sold for the three months ended in Dec. 2023 was zł0.47 Mil. Hence, Alta's Days Payable for the three months ended in Dec. 2023 was 82.67.

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

WAR:AAT' s Days Payable Range Over the Past 10 Years
Min: 39.86   Med: 106.02   Max: 232.75
Current: 91.09

During the past 13 years, Alta's highest Days Payable was 232.75. The lowest was 39.86. And the median was 106.02.

WAR:AAT's Days Payable is ranked better than
55.98% of 468 companies
in the Asset Management industry
Industry Median: 70.455 vs WAR:AAT: 91.09

Alta's Days Payable increased from Dec. 2022 (24.54) to Dec. 2023 (82.67). It may suggest that Alta delayed paying its suppliers.


Alta Days Payable Historical Data

The historical data trend for Alta'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.

Alta Days Payable Chart

Alta Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.45 90.72 82.26 39.86 64.71

Alta Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.54 69.10 108.02 131.33 82.67

Competitive Comparison of Alta's Days Payable

For the Asset Management subindustry, Alta'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.


Alta's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alta's Days Payable distribution charts can be found below:

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



Alta 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.

Alta'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
=( (0.296 + 0.255) / 2 ) / 1.554*365
=0.2755 / 1.554*365
=64.71

Alta'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.602 + 0.255) / 2 ) / 0.473*365 / 4
=0.4285 / 0.473*365 / 4
=82.67

* 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.


Alta Days Payable Related Terms

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Alta (WAR:AAT) Business Description

Traded in Other Exchanges
N/A
Address
ul. Zielna 37, Warsawa, POL, 00108
Alta SA is an investment company. The company, through its subsidiaries, is involved in the real estate, logistics, construction, marina, and clothing businesses in Poland. The company possesses a portfolio of properties: logistics and retail properties, as well as office buildings, all situated in various locations of the country. The investment Popularna 38, is a homely residential building situated in Wlochy, a district of Warsaw.