GMGSF (Goodman Group) Days Payable : 419.49 (As of Jun. 2024)

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What is Goodman Group Days Payable?

Goodman Group's average Accounts Payable for the six months ended in Jun. 2024 was $529 Mil. Goodman Group's Cost of Goods Sold for the six months ended in Jun. 2024 was $230 Mil. Hence, Goodman Group's Days Payable for the six months ended in Jun. 2024 was 419.49.

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

GMGSF' s Days Payable Range Over the Past 10 Years
Min: 22.18 Med: 31.81 Max: 367.17
Current: 367.17

During the past 13 years, Goodman Group's highest Days Payable was 367.17. The lowest was 22.18. And the median was 31.81.

GMGSF's Days Payable is ranked better than
83.31% of 1570 companies
in the Real Estate industry
Industry Median: 97.7 vs GMGSF: 367.17

Goodman Group's Days Payable increased from Jun. 2023 (190.12) to Jun. 2024 (419.49). It may suggest that Goodman Group delayed paying its suppliers.

Goodman Group Days Payable Historical Data

The historical data trend for Goodman 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.

Goodman Group Days Payable Chart

Goodman Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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56.47

28.67

48.35

48.71

304.74

Goodman 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															232.39	225.93	190.12	366.59	419.49

Competitive Comparison of Goodman Group's Days Payable

For the Real Estate - Diversified subindustry, Goodman 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.

Goodman Group's Days Payable Distribution in the Real Estate Industry

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

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

Goodman 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.

Goodman 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
=	( (60.671	+	555.91)	/	2 )	/	369.256	*	365
=	308.2905					/	369.256	*	365
=	304.74

Goodman 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
=	( (502.41	+	555.91)	/	2 )	/	230.212	*	365 / 2
=	529.16					/	230.212	*	365 / 2
=	419.49

Goodman Group Days Payable Related Terms

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Goodman Group Business Description

Industry

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Traded in Other Exchanges

GMG:Australia

Address

1-11 Hayes Road, The Hayesbery, Rosebery, Sydney, NSW, AUS, 2018

Website

https://www.goodman.com

Goodman Group develops and manages industrial property investments worldwide. Rather than keeping all risk on its own balance sheet, many Goodman developments are on behalf of end-user tenants and funds management clients. A typical deal involves purchasing land for a tenant who wants to occupy the site, and/or an investor who will own the asset via a Goodman investment vehicle. Goodman charges leasing fees for locking in tenants, and fees for managing the development. Completed projects reside in Goodman investment vehicles, and Goodman charges asset and investment management fees to investors, in return for collecting rent and managing the site. Goodman also retains a minority stake in many projects, generating rental income and aligning its interests with its funds management clients.