Vicinity Centres (ASX:VCX) Days Payable : 146.32 (As of Dec. 2023)

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What is Vicinity Centres Days Payable?

Vicinity Centres's average Accounts Payable for the six months ended in Dec. 2023 was A$146 Mil. Vicinity Centres's Cost of Goods Sold for the six months ended in Dec. 2023 was A$182 Mil. Hence, Vicinity Centres's Days Payable for the six months ended in Dec. 2023 was 146.32.

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

ASX:VCX' s Days Payable Range Over the Past 10 Years
Min: 67.32 Med: 101.26 Max: 287.31
Current: 162.01

During the past 12 years, Vicinity Centres's highest Days Payable was 287.31. The lowest was 67.32. And the median was 101.26.

ASX:VCX's Days Payable is ranked better than
59.16% of 524 companies
in the REITs industry
Industry Median: 126.165 vs ASX:VCX: 162.01

Vicinity Centres's Days Payable declined from Dec. 2022 (173.75) to Dec. 2023 (146.32). It may suggest that Vicinity Centres accelerated paying its suppliers.

Vicinity Centres Days Payable Historical Data

The historical data trend for Vicinity Centres'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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Vicinity Centres Days Payable Chart

Vicinity Centres Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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67.32

82.78

80.62

112.23

118.47

Vicinity Centres 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															151.25	134.38	173.75	151.31	146.32

Competitive Comparison of Vicinity Centres's Days Payable

For the REIT - Retail subindustry, Vicinity Centres'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.

Vicinity Centres's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Vicinity Centres's Days Payable falls into.

Vicinity Centres 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.

Vicinity Centres's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (117.1	+	109.9)	/	2 )	/	349.7	*	365
=	113.5					/	349.7	*	365
=	118.47

Vicinity Centres'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
=	( (109.9	+	182.1)	/	2 )	/	182.1	*	365 / 2
=	146					/	182.1	*	365 / 2
=	146.32

Vicinity Centres Days Payable Related Terms

Thank you for viewing the detailed overview of Vicinity Centres's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Vicinity Centres (ASX:VCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vicinity Centres (ASX:VCX) » Definitions » Days Payable

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CNRAF:USA

Address

1341 Dandenong Road, Level 4, Chadstone Tower One, Chadstone, Melbourne, VIC, AUS, 3148

Website

https://www.vicinity.com.au

Vicinity was created after the merger of Federation Centres and Novion in June 2015, creating one of Australia's largest retail REITs. Its directly and indirectly owned assets have a book value of about AUD 14 billion. The assets are skewed to large, high-end shopping centres, with about half in major regional malls, a fifth in subregional, 15% in CBD locations, 13% in outlet centres, and 1% in neighbourhood malls.

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