GPT Group (GPT Group) Days Payable : 449.06 (As of Dec. 2023)

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What is GPT Group Days Payable?

GPT Group's average Accounts Payable for the six months ended in Dec. 2023 was $288.7 Mil. GPT Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $117.3 Mil. Hence, GPT Group's Days Payable for the six months ended in Dec. 2023 was 449.06.

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

GPTGF' s Days Payable Range Over the Past 10 Years
Min: 157.48 Med: 205.35 Max: 394.8
Current: 394.8

During the past 13 years, GPT Group's highest Days Payable was 394.80. The lowest was 157.48. And the median was 205.35.

GPTGF's Days Payable is ranked better than
84.13% of 523 companies
in the REITs industry
Industry Median: 128.46 vs GPTGF: 394.80

GPT Group's Days Payable increased from Dec. 2022 (237.51) to Dec. 2023 (449.06). It may suggest that GPT Group delayed paying its suppliers.

GPT Group Days Payable Historical Data

The historical data trend for GPT Group'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.

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GPT Group Days Payable Chart

GPT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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197.05

187.62

160.86

241.72

353.94

GPT Group 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															156.59	206.48	237.51	381.24	449.06

Competitive Comparison of GPT Group's Days Payable

For the REIT - Diversified subindustry, GPT Group'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.

GPT Group's Days Payable Distribution in the REITs Industry

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

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

GPT Group 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.

GPT Group'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
=	( (158.974	+	279.92)	/	2 )	/	226.306	*	365
=	219.447					/	226.306	*	365
=	353.94

GPT Group'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
=	( (297.517	+	279.92)	/	2 )	/	117.336	*	365 / 2
=	288.7185					/	117.336	*	365 / 2
=	449.06

GPT Group Days Payable Related Terms

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GPT Group (GPT Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » GPT Group (OTCPK:GPTGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

46T:Germany GPT:Australia

Address

25 Martin Place, Level 51, Sydney, NSW, AUS, 2000

Website

https://www.gpt.com.au

GPT Group was listed in 1971 and is Australia's oldest listed property trust. The business strategy is not particularly differentiated from peers, other than through its somewhat conservative gearing and modest emphasis on development activity. The portfolio weighting to industrial is a major growth area for the firm. GPT remains dominated by retail malls that generate about a third of its revenue, and another quarter from office.