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Centuria Office REIT (ASX:COF) Days Payable : 917.37 (As of Dec. 2023)


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What is Centuria Office REIT Days Payable?

Centuria Office REIT's average Accounts Payable for the six months ended in Dec. 2023 was A$31.8 Mil. Centuria Office REIT's Cost of Goods Sold for the six months ended in Dec. 2023 was A$6.3 Mil. Hence, Centuria Office REIT's Days Payable for the six months ended in Dec. 2023 was 917.37.

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

ASX:COF' s Days Payable Range Over the Past 10 Years
Min: 184.48   Med: 268.57   Max: 974.66
Current: 974.66

During the past 9 years, Centuria Office REIT's highest Days Payable was 974.66. The lowest was 184.48. And the median was 268.57.

ASX:COF's Days Payable is ranked better than
94.46% of 523 companies
in the REITs industry
Industry Median: 129.64 vs ASX:COF: 974.66

Centuria Office REIT's Days Payable increased from Dec. 2022 (763.75) to Dec. 2023 (917.37). It may suggest that Centuria Office REIT delayed paying its suppliers.


Centuria Office REIT Days Payable Historical Data

The historical data trend for Centuria Office 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.

* Premium members only.

Centuria Office REIT Days Payable Chart

Centuria Office REIT Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only 290.16 184.48 319.54 455.43 624.20

Centuria Office REIT Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 891.34 836.01 763.75 954.20 917.37

Competitive Comparison of Centuria Office REIT's Days Payable

For the REIT - Office subindustry, Centuria Office 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 Office REIT's Days Payable Distribution in the REITs Industry

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

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



Centuria Office 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 Office 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
=( (16.177 + 28.933) / 2 ) / 13.189*365
=22.555 / 13.189*365
=624.20

Centuria Office 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
=( (28.933 + 34.725) / 2 ) / 6.332*365 / 2
=31.829 / 6.332*365 / 2
=917.37

* 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.


Centuria Office REIT Days Payable Related Terms

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Centuria Office REIT (ASX:COF) Business Description

Traded in Other Exchanges
N/A
Address
2 Chifley Square, Level 41, Chifley Tower, Sydney, NSW, AUS, 2000
Centuria Office REIT is an Australia-based pure-play office REIT. The company owns a portfolio of assets situated in core office markets throughout Australia. COF is overseen by a hands-on, active manager and provides investors with income and the opportunity for capital growth from a pure play portfolio of high-quality Australian office assets.