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360 Capital Group (ASX:TGP) Days Payable : 50.00 (As of Jun. 2024)


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What is 360 Capital Group Days Payable?

360 Capital Group's average Accounts Payable for the six months ended in Jun. 2024 was A$0.31 Mil. 360 Capital Group's Cost of Goods Sold for the six months ended in Jun. 2024 was A$1.14 Mil. Hence, 360 Capital Group's Days Payable for the six months ended in Jun. 2024 was 50.00.

The historical rank and industry rank for 360 Capital Group's Days Payable or its related term are showing as below:

ASX:TGP' s Days Payable Range Over the Past 10 Years
Min: 8.91   Med: 73.06   Max: 548.79
Current: 81.86

During the past 13 years, 360 Capital Group's highest Days Payable was 548.79. The lowest was 8.91. And the median was 73.06.

ASX:TGP's Days Payable is ranked better than
54.45% of 472 companies
in the Asset Management industry
Industry Median: 71.61 vs ASX:TGP: 81.86

360 Capital Group's Days Payable increased from Jun. 2023 (0.00) to Jun. 2024 (50.00). It may suggest that 360 Capital Group delayed paying its suppliers.


360 Capital Group Days Payable Historical Data

The historical data trend for 360 Capital 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.

* Premium members only.

360 Capital Group Days Payable Chart

360 Capital Group 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 8.91 148.68 548.79 - 69.66

360 Capital Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1,415.18 - - - 50.00

Competitive Comparison of 360 Capital Group's Days Payable

For the Asset Management subindustry, 360 Capital 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.


360 Capital Group's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 360 Capital Group's Days Payable distribution charts can be found below:

* The bar in red indicates where 360 Capital Group's Days Payable falls into.



360 Capital 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.

360 Capital Group'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
=( (0.142 + 0.292) / 2 ) / 1.137*365
=0.217 / 1.137*365
=69.66

360 Capital Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.331 + 0.292) / 2 ) / 1.137*365 / 2
=0.3115 / 1.137*365 / 2
=50.00

* 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.


360 Capital Group Days Payable Related Terms

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360 Capital Group Business Description

Traded in Other Exchanges
N/A
Address
1 Macquarie Place, Suite 3701, Level 37, Sydney, NSW, AUS, 2000
360 Capital Group is a property investment and fund management company. The company's operating segment includes Real estate equity and Real estate credit. The company operates in Australia.