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Pier 12 Capital (ASX:AVC) Days Payable : 235.44 (As of Dec. 2024)


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What is Pier 12 Capital Days Payable?

Pier 12 Capital's average Accounts Payable for the six months ended in Dec. 2024 was A$0.74 Mil. Pier 12 Capital's Cost of Goods Sold for the six months ended in Dec. 2024 was A$0.57 Mil. Hence, Pier 12 Capital's Days Payable for the six months ended in Dec. 2024 was 235.44.

The historical rank and industry rank for Pier 12 Capital's Days Payable or its related term are showing as below:

ASX:AVC' s Days Payable Range Over the Past 10 Years
Min: 88.41   Med: 161.2   Max: 2833.1
Current: 817.97

During the past 13 years, Pier 12 Capital's highest Days Payable was 2833.10. The lowest was 88.41. And the median was 161.20.

ASX:AVC's Days Payable is ranked better than
89.2% of 463 companies
in the Asset Management industry
Industry Median: 68.25 vs ASX:AVC: 817.97

Pier 12 Capital's Days Payable declined from Dec. 2023 (373.43) to Dec. 2024 (235.44). It may suggest that Pier 12 Capital accelerated paying its suppliers.


Pier 12 Capital Days Payable Historical Data

The historical data trend for Pier 12 Capital'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.

Pier 12 Capital Days Payable Chart

Pier 12 Capital Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.09 88.41 - - -

Pier 12 Capital Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 545.32 - 373.43 - 235.44

Competitive Comparison of Pier 12 Capital's Days Payable

For the Asset Management subindustry, Pier 12 Capital'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.


Pier 12 Capital's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pier 12 Capital's Days Payable distribution charts can be found below:

* The bar in red indicates where Pier 12 Capital's Days Payable falls into.


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Pier 12 Capital 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.

Pier 12 Capital's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0.315 + 0.479) / 2 ) / 0*365
=0.397 / 0*365
=N/A

Pier 12 Capital's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0.479 + 1.002) / 2 ) / 0.574*365 / 2
=0.7405 / 0.574*365 / 2
=235.44

* 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.


Pier 12 Capital Days Payable Related Terms

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Pier 12 Capital Business Description

Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 23, Melbourne, VIC, AUS, 3000
Pier 12 Capital Ltd is a asset management company. It is focusing on opportunities across private equity, infrastructure and private real estate. Its core investment thesis is investing in sectors with tailwinds and potential to scale.

Pier 12 Capital Headlines

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