Scentre Group (ASX:SCG) Days Payable : 133.19 (As of Dec. 2023)

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What is Scentre Group Days Payable?

Scentre Group's average Accounts Payable for the six months ended in Dec. 2023 was A$281 Mil. Scentre Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$386 Mil. Hence, Scentre Group's Days Payable for the six months ended in Dec. 2023 was 133.19.

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

ASX:SCG' s Days Payable Range Over the Past 10 Years
Min: 61.8 Med: 135.61 Max: 178.78
Current: 138.58

During the past 13 years, Scentre Group's highest Days Payable was 178.78. The lowest was 61.80. And the median was 135.61.

ASX:SCG's Days Payable is ranked better than
52.77% of 523 companies
in the REITs industry
Industry Median: 126.29 vs ASX:SCG: 138.58

Scentre Group's Days Payable declined from Dec. 2022 (170.97) to Dec. 2023 (133.19). It may suggest that Scentre Group accelerated paying its suppliers.

Scentre Group Days Payable Historical Data

The historical data trend for Scentre 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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Scentre Group Days Payable Chart

Scentre Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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144.42

178.78

140.02

126.17

146.85

Scentre 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															174.75	209.57	170.97	135.75	133.19

Competitive Comparison of Scentre Group's Days Payable

For the REIT - Retail subindustry, Scentre 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.

Scentre Group's Days Payable Distribution in the REITs Industry

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

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

Scentre 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.

Scentre 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
=	( (296.8	+	310.4)	/	2 )	/	754.6	*	365
=	303.6					/	754.6	*	365
=	146.85

Scentre 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
=	( (252.3	+	310.4)	/	2 )	/	385.5	*	365 / 2
=	281.35					/	385.5	*	365 / 2
=	133.19

Scentre Group Days Payable Related Terms

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Scentre Group (ASX:SCG) Business Description

Industry

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Comparable Companies

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STGPF:USA

Address

85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.scentregroup.com

Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre's assets.