GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vicinity Centres (ASX:VCX) » Definitions » Days Payable

Vicinity Centres (ASX:VCX) Days Payable : 168.72 (As of Dec. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Vicinity Centres Days Payable?

Vicinity Centres's average Accounts Payable for the six months ended in Dec. 2024 was A$172 Mil. Vicinity Centres's Cost of Goods Sold for the six months ended in Dec. 2024 was A$186 Mil. Hence, Vicinity Centres's Days Payable for the six months ended in Dec. 2024 was 168.72.

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

ASX:VCX' s Days Payable Range Over the Past 10 Years
Min: 67.32   Med: 102.39   Max: 287.31
Current: 167.68

During the past 13 years, Vicinity Centres's highest Days Payable was 287.31. The lowest was 67.32. And the median was 102.39.

ASX:VCX's Days Payable is ranked better than
64.62% of 554 companies
in the REITs industry
Industry Median: 111.17 vs ASX:VCX: 167.68

Vicinity Centres's Days Payable increased from Dec. 2023 (146.32) to Dec. 2024 (168.72). It may suggest that Vicinity Centres delayed paying its suppliers.


Vicinity Centres Days Payable Historical Data

The historical data trend for Vicinity Centres'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.

Vicinity Centres Days Payable Chart

Vicinity Centres 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 82.78 87.91 120.13 118.47 114.49

Vicinity Centres 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 173.75 151.31 146.32 144.17 168.72

Competitive Comparison of Vicinity Centres's Days Payable

For the REIT - Retail subindustry, Vicinity Centres'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.


Vicinity Centres's Days Payable Distribution in the REITs Industry

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

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


;
;

Vicinity Centres 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.

Vicinity Centres'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
=( (109.9 + 127.1) / 2 ) / 377.8*365
=118.5 / 377.8*365
=114.49

Vicinity Centres'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
=( (127.1 + 217) / 2 ) / 186.1*365 / 2
=172.05 / 186.1*365 / 2
=168.72

* 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.


Vicinity Centres Days Payable Related Terms

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


Vicinity Centres Business Description

Traded in Other Exchanges
Address
1341 Dandenong Road, Level 4, Chadstone Tower One, Chadstone, Melbourne, VIC, AUS, 3148
Vicinity Centres operates over 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.

Vicinity Centres Headlines

No Headlines