Altus (WAR:ALI) Days Payable : 171.94 (As of Mar. 2024)

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

What is Altus Days Payable?

Altus's average Accounts Payable for the three months ended in Mar. 2024 was zł4.57 Mil. Altus's Cost of Goods Sold for the three months ended in Mar. 2024 was zł2.42 Mil. Hence, Altus's Days Payable for the three months ended in Mar. 2024 was 171.94.

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

WAR:ALI' s Days Payable Range Over the Past 10 Years
Min: 144.75 Med: 424.83 Max: 6306.86
Current: 200.32

During the past 10 years, Altus's highest Days Payable was 6306.86. The lowest was 144.75. And the median was 424.83.

WAR:ALI's Days Payable is ranked better than
72.49% of 469 companies
in the Asset Management industry
Industry Median: 68.13 vs WAR:ALI: 200.32

Altus's Days Payable declined from Dec. 2022 (174.74) to Mar. 2024 (171.94). It may suggest that Altus accelerated paying its suppliers.

Altus Days Payable Historical Data

The historical data trend for Altus'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.

Altus Days Payable Chart

Altus Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

481.64

261.93

144.75

180.74

207.51

Altus Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															174.74	88.54	117.82	178.06	171.94

Competitive Comparison of Altus's Days Payable

For the Asset Management subindustry, Altus'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.

Altus's Days Payable Distribution in the Asset Management Industry

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

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

Altus 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.

Altus's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4.587	+	4.922)	/	2 )	/	8.363	*	365
=	4.7545					/	8.363	*	365
=	207.51

Altus's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (4.471	+	4.664)	/	2 )	/	2.424	*	365 / 4
=	4.5675					/	2.424	*	365 / 4
=	171.94

Altus Days Payable Related Terms

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

Altus (WAR:ALI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Altus SA (WAR:ALI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Pankiewicza 3, Warszawa, POL, 00-696

Website

https://www.altustfi.pl

Altus SA is a fund management company. Its principal activities are the creation and management of investment funds, including brokerage in sales and redemption of share units and management of portfolios. In addition, it also provides investment advice and acts as a representative of foreign funds. The product portfolio of the company includes open-end investment funds and closed-end investment funds.

Altus (WAR:ALI) Headlines

No Headlines