Centuria Industrial REIT (ASX:CIP) Days Payable : 399.99 (As of Dec. 2023)

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What is Centuria Industrial REIT Days Payable?

Centuria Industrial REIT's average Accounts Payable for the six months ended in Dec. 2023 was A$25.5 Mil. Centuria Industrial REIT's Cost of Goods Sold for the six months ended in Dec. 2023 was A$11.6 Mil. Hence, Centuria Industrial REIT's Days Payable for the six months ended in Dec. 2023 was 399.99.

The historical rank and industry rank for Centuria Industrial REIT's Days Payable or its related term are showing as below:

ASX:CIP' s Days Payable Range Over the Past 10 Years
Min: 3.47 Med: 154.51 Max: 516.73
Current: 516.73

During the past 11 years, Centuria Industrial REIT's highest Days Payable was 516.73. The lowest was 3.47. And the median was 154.51.

ASX:CIP's Days Payable is ranked better than
88.72% of 523 companies
in the REITs industry
Industry Median: 129.64 vs ASX:CIP: 516.73

Centuria Industrial REIT's Days Payable declined from Dec. 2022 (467.93) to Dec. 2023 (399.99). It may suggest that Centuria Industrial REIT accelerated paying its suppliers.

Centuria Industrial REIT Days Payable Historical Data

The historical data trend for Centuria Industrial REIT'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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Centuria Industrial REIT Days Payable Chart

Centuria Industrial REIT Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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165.70

158.66

148.71

182.63

231.44

Centuria Industrial REIT 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															424.58	398.75	467.93	498.72	399.99

Competitive Comparison of Centuria Industrial REIT's Days Payable

For the REIT - Industrial subindustry, Centuria Industrial REIT'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.

Centuria Industrial REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Centuria Industrial REIT's Days Payable falls into.

Centuria Industrial REIT 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.

Centuria Industrial REIT'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
=	( (14.684	+	16.019)	/	2 )	/	24.211	*	365
=	15.3515					/	24.211	*	365
=	231.44

Centuria Industrial REIT'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
=	( (16.019	+	34.974)	/	2 )	/	11.633	*	365 / 2
=	25.4965					/	11.633	*	365 / 2
=	399.99

Centuria Industrial REIT Days Payable Related Terms

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Centuria Industrial REIT (ASX:CIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centuria Industrial REIT (ASX:CIP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 41, Chifley Tower, 2 Chifley Square, Sydney, NSW, AUS, 2000

Website

https://www.centuria.com.au

Centuria Industrial REIT owns a AUD 4 billion portfolio of industrial properties, including distribution centers, manufacturing facilities, and data centers. Melbourne and Sydney are its biggest markets at more than a third of portfolio value each, followed by Brisbane, Perth and Adelaide. The trust is externally managed by Centuria Capital Group (ASX: CNI).

Centuria Industrial REIT (ASX:CIP) Headlines

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