Dexus Convenience Retail REIT (ASX:DXC) Days Payable : 159.13 (As of Dec. 2023)

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What is Dexus Convenience Retail REIT Days Payable?

Dexus Convenience Retail REIT's average Accounts Payable for the six months ended in Dec. 2023 was A$6.12 Mil. Dexus Convenience Retail REIT's Cost of Goods Sold for the six months ended in Dec. 2023 was A$7.02 Mil. Hence, Dexus Convenience Retail REIT's Days Payable for the six months ended in Dec. 2023 was 159.13.

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

ASX:DXC' s Days Payable Range Over the Past 10 Years
Min: 18.94 Med: 81.98 Max: 198.2
Current: 198.2

During the past 6 years, Dexus Convenience Retail REIT's highest Days Payable was 198.20. The lowest was 18.94. And the median was 81.98.

ASX:DXC's Days Payable is ranked better than
66.35% of 523 companies
in the REITs industry
Industry Median: 129.64 vs ASX:DXC: 198.20

Dexus Convenience Retail REIT's Days Payable increased from Dec. 2022 (139.54) to Dec. 2023 (159.13). It may suggest that Dexus Convenience Retail REIT delayed paying its suppliers.

Dexus Convenience Retail REIT Days Payable Historical Data

The historical data trend for Dexus Convenience Retail 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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Dexus Convenience Retail REIT Days Payable Chart

Dexus Convenience Retail REIT Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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63.66

145.65

100.29

18.94

22.10

Dexus Convenience Retail REIT Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								153.37	142.58	139.54	147.93	159.13

Competitive Comparison of Dexus Convenience Retail REIT's Days Payable

For the REIT - Retail subindustry, Dexus Convenience Retail 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.

Dexus Convenience Retail REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Dexus Convenience Retail REIT's Days Payable falls into.

Dexus Convenience Retail 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.

Dexus Convenience Retail 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
=	( (0.794	+	0.757)	/	2 )	/	12.807	*	365
=	0.7755					/	12.807	*	365
=	22.10

Dexus Convenience Retail 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
=	( (0.757	+	11.487)	/	2 )	/	7.021	*	365 / 2
=	6.122					/	7.021	*	365 / 2
=	159.13

Dexus Convenience Retail REIT Days Payable Related Terms

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Dexus Convenience Retail REIT (ASX:DXC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dexus Convenience Retail REIT (ASX:DXC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Bridge Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.dexus.com

Dexus Convenience Retail REIT is an Australian real estate investment trust. The company owns a portfolio of service stations and convenience retail assets located across Australia. The company derives all income from investments in properties located in Australia. The principal investment objective of the group is to invest in convenience retail properties that provide investors with a high and consistent income distribution that maintains its real value for the life of the group.