Vividend Management Group (JSE:VIF) Days Payable : 406.83 (As of Feb. 2014)

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What is Vividend Management Group Days Payable?

Vividend Management Group's average Accounts Payable for the six months ended in Feb. 2014 was R45.8 Mil. Vividend Management Group's Cost of Goods Sold for the six months ended in Feb. 2014 was R50.2 Mil. Hence, Vividend Management Group's Days Payable for the six months ended in Feb. 2014 was 166.61.

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

JSE:VIF's Days Payable is not ranked ^*
in the REITs industry.
Industry Median: 125.84
* Ranked among companies with meaningful Days Payable only.

Vividend Management Group's Days Payable increased from Feb. 2012 (0.00) to Feb. 2014 (406.83). It may suggest that Vividend Management Group delayed paying its suppliers.

Vividend Management Group Days Payable Historical Data

The historical data trend for Vividend Management 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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Vividend Management Group Days Payable Chart

Vividend Management Group Annual Data

Trend

Aug11

Aug12

Aug13

Days Payable

507.74

236.55

317.18

Vividend Management Group Semi-Annual Data
	Feb11	Feb12	Feb13	Feb14
Days Payable	-	-	-	406.83

Competitive Comparison of Vividend Management Group's Days Payable

For the REIT - Diversified subindustry, Vividend Management 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.

Vividend Management Group's Days Payable Distribution in the REITs Industry

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

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

Vividend Management 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.

Vividend Management Group's Days Payable for the fiscal year that ended in Aug. 2013 is calculated as

	Days Payable (A: Aug. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2012 )	+	Accounts Payable (A: Aug. 2013 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2013 )	*	Days in Period
=	( (38.268	+	34.216)	/	2 )	/	41.706	*	365
=	36.242					/	41.706	*	365
=	317.18

Vividend Management Group's Days Payable for the quarter that ended in Feb. 2014 is calculated as:

	Days Payable (Q: Feb. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2013 )	+	Accounts Payable (Q: Feb. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2014 )	*	Days in Period
=	( (35.669	+	55.9)	/	2 )	/	50.152	*	365 / 2
=	45.7845					/	50.152	*	365 / 2
=	166.61

Vividend Management Group Days Payable Related Terms

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Vividend Management Group (JSE:VIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vividend Management Group (JSE:VIF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.vividend.co.za

Vividend Management Group was incorporated on 17 February 2010. It is a real estate investment trust ( REIT). The Company's portfolio consists of investments in assets and opportunities within the various property sectors in South Africa and abroad with primary focus on the retail, commercial, industrial and office sectors. The Company own a portfolio of 22 properties providing 223 444 square metres of retail and commercial space.

Vividend Management Group (JSE:VIF) Headlines

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