Alpha Trust Andromeda Investment Trust (LTS:0Q9J) Days Payable : 389.89 (As of Dec. 2023)

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What is Alpha Trust Andromeda Investment Trust Days Payable?

Alpha Trust Andromeda Investment Trust's average Accounts Payable for the six months ended in Dec. 2023 was €0.99 Mil. Alpha Trust Andromeda Investment Trust's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.46 Mil. Hence, Alpha Trust Andromeda Investment Trust's Days Payable for the six months ended in Dec. 2023 was 389.89.

The historical rank and industry rank for Alpha Trust Andromeda Investment Trust's Days Payable or its related term are showing as below:

LTS:0Q9J' s Days Payable Range Over the Past 10 Years
Min: 0.18 Med: 1.36 Max: 77.75
Current: 70.71

During the past 13 years, Alpha Trust Andromeda Investment Trust's highest Days Payable was 77.75. The lowest was 0.18. And the median was 1.36.

LTS:0Q9J's Days Payable is ranked better than
50.43% of 468 companies
in the Asset Management industry
Industry Median: 70.455 vs LTS:0Q9J: 70.71

Alpha Trust Andromeda Investment Trust's Days Payable increased from Dec. 2022 (63.73) to Dec. 2023 (389.89). It may suggest that Alpha Trust Andromeda Investment Trust delayed paying its suppliers.

Alpha Trust Andromeda Investment Trust Days Payable Historical Data

The historical data trend for Alpha Trust Andromeda Investment Trust'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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Alpha Trust Andromeda Investment Trust Days Payable Chart

Alpha Trust Andromeda Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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0.56

1.36

0.18

Alpha Trust Andromeda Investment Trust 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															0.89	105.56	63.73	58.58	389.89

Competitive Comparison of Alpha Trust Andromeda Investment Trust's Days Payable

For the Asset Management subindustry, Alpha Trust Andromeda Investment Trust'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.

Alpha Trust Andromeda Investment Trust's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alpha Trust Andromeda Investment Trust's Days Payable distribution charts can be found below:

* The bar in red indicates where Alpha Trust Andromeda Investment Trust's Days Payable falls into.

Alpha Trust Andromeda Investment Trust 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.

Alpha Trust Andromeda Investment Trust'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
=	( (0.001	+	0)	/	1 )	/	2.001	*	365
=	0.001					/	2.001	*	365
=	0.18

Alpha Trust Andromeda Investment Trust'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
=	( (0.987	+	0)	/	1 )	/	0.462	*	365 / 2
=	0.987					/	0.462	*	365 / 2
=	389.89

Alpha Trust Andromeda Investment Trust Days Payable Related Terms

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Alpha Trust Andromeda Investment Trust (LTS:0Q9J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alpha Trust Andromeda Investment Trust SA (LTS:0Q9J) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ANDRO:Greece

Address

21, Tatoiou Street, Kifisia, Athens, GRC, 145 61

Website

http://www.andromeda.eu

Alpha Trust Andromeda Investment Trust SA is a portfolio investment trust based in Greece. It engages in the management of financial assets. The investment portfolio includes listed domestic stock, Greek government bonds, corporate bonds, bonds, and derivatives.

Alpha Trust Andromeda Investment Trust (LTS:0Q9J) Headlines

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