Rent.com.au (ASX:RNT) Days Payable : 233.44 (As of Dec. 2023)

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What is Rent.com.au Days Payable?

Rent.com.au's average Accounts Payable for the six months ended in Dec. 2023 was A$0.64 Mil. Rent.com.au's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.50 Mil. Hence, Rent.com.au's Days Payable for the six months ended in Dec. 2023 was 233.44.

The historical rank and industry rank for Rent.com.au's Days Payable or its related term are showing as below:

ASX:RNT' s Days Payable Range Over the Past 10 Years
Min: 1040.99 Med: 1767.04 Max: 2493.08
Current: 1601.29

During the past 13 years, Rent.com.au's highest Days Payable was 2493.08. The lowest was 1040.99. And the median was 1767.04.

ASX:RNT's Days Payable is ranked better than
95.37% of 432 companies
in the Interactive Media industry
Industry Median: 60.97 vs ASX:RNT: 1601.29

Rent.com.au's Days Payable declined from Dec. 2022 (286.52) to Dec. 2023 (233.44). It may suggest that Rent.com.au accelerated paying its suppliers.

Rent.com.au Days Payable Historical Data

The historical data trend for Rent.com.au'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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Rent.com.au Days Payable Chart

Rent.com.au Annual Data

Trend

Dec13

Dec14

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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Rent.com.au 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															191.88	-	286.52	-	233.44

Competitive Comparison of Rent.com.au's Days Payable

For the Internet Content & Information subindustry, Rent.com.au'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.

Rent.com.au's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rent.com.au's Days Payable distribution charts can be found below:

* The bar in red indicates where Rent.com.au's Days Payable falls into.

Rent.com.au 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.

Rent.com.au'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
=	( (0.311	+	0.397)	/	2 )	/	0	*	365
=	0.354					/	0	*	365
=	N/A

Rent.com.au'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
=	( (0.397	+	0.877)	/	2 )	/	0.498	*	365 / 2
=	0.637					/	0.498	*	365 / 2
=	233.44

Rent.com.au Days Payable Related Terms

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Rent.com.au (ASX:RNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Rent.com.au Ltd (ASX:RNT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

3 Craig Street, Burswood, Perth, WA, AUS, 6100

Website

https://www.rent.com.au

Rent.com.au Ltd is a rental property website providing a single marketplace for renters, property agents and non-agent landlords. It accepts enquiries from all listers of rental properties, including real estate agents, private landlords, property managers, builders, developers, retirement services and universities. The firm is organized into two operating segments being Rent.com.au and RentPay. It drives key revenue from the Rent.com.au segment.

Rent.com.au (ASX:RNT) Headlines

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