Abacus Storage King (ASX:ASK) Days Payable : 1,006.11 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Abacus Storage King Days Payable?

Abacus Storage King's average Accounts Payable for the six months ended in Dec. 2023 was A$107.74 Mil. Abacus Storage King's Cost of Goods Sold for the six months ended in Dec. 2023 was A$19.54 Mil. Hence, Abacus Storage King's Days Payable for the six months ended in Dec. 2023 was 1,006.11.

The historical rank and industry rank for Abacus Storage King's Days Payable or its related term are showing as below:

ASX:ASK' s Days Payable Range Over the Past 10 Years
Min: 1369.5 Med: 279583.86 Max: 557798.21
Current: 2012.22

During the past 2 years, Abacus Storage King's highest Days Payable was 557798.21. The lowest was 1369.50. And the median was 279583.86.

ASX:ASK's Days Payable is ranked better than
97.13% of 523 companies
in the REITs industry
Industry Median: 129.64 vs ASX:ASK: 2012.22

Abacus Storage King's Days Payable increased from Jun. 2022 (0.00) to Dec. 2023 (1,006.11). It may suggest that Abacus Storage King delayed paying its suppliers.

Abacus Storage King Days Payable Historical Data

The historical data trend for Abacus Storage King'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.

Abacus Storage King Days Payable Chart

Abacus Storage King Annual Data

Trend

Jun21

Jun22

Days Payable

1,369.50

557,798.21

Abacus Storage King Semi-Annual Data
	Jun21	Jun22	Dec22	Dec23
Days Payable	-	-	-	1,006.11

Competitive Comparison of Abacus Storage King's Days Payable

For the REIT - Industrial subindustry, Abacus Storage King'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.

Abacus Storage King's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Abacus Storage King's Days Payable falls into.

Abacus Storage King 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.

Abacus Storage King's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

	Days Payable (A: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2021 )	+	Accounts Payable (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (16.948	+	25.842)	/	2 )	/	0.01400000000001	*	365
=	21.395					/	0.01400000000001	*	365
=	557,798.21

Abacus Storage King'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (148.2	+	67.289)	/	2 )	/	19.544	*	365 / 2
=	107.7445					/	19.544	*	365 / 2
=	1,006.11

Abacus Storage King Days Payable Related Terms

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

Abacus Storage King (ASX:ASK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Abacus Storage King (ASX:ASK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000

Website

https://www.abacusgroup.com.au

Abacus Storage King REIT is a self-storage REIT. It owns, operates, and manages a self-storage operating platform and an investment portfolio comprising self-storage properties and other investments across Australia and New Zealand.

Abacus Storage King (ASX:ASK) Headlines

No Headlines