QRI Manager Pty (ASX:QRI) Days Payable : 66.97 (As of Dec. 2023)

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What is QRI Manager Pty Days Payable?

QRI Manager Pty's average Accounts Payable for the six months ended in Dec. 2023 was A$1.76 Mil. QRI Manager Pty's Cost of Goods Sold for the six months ended in Dec. 2023 was A$4.80 Mil. Hence, QRI Manager Pty's Days Payable for the six months ended in Dec. 2023 was 66.97.

The historical rank and industry rank for QRI Manager Pty's Days Payable or its related term are showing as below:

ASX:QRI' s Days Payable Range Over the Past 10 Years
Min: 49.63 Med: 53.14 Max: 68.13
Current: 68.13

During the past 5 years, QRI Manager Pty's highest Days Payable was 68.13. The lowest was 49.63. And the median was 53.14.

ASX:QRI's Days Payable is ranked worse than
50.11% of 469 companies
in the Asset Management industry
Industry Median: 68.13 vs ASX:QRI: 68.13

QRI Manager Pty's Days Payable increased from Dec. 2022 (60.41) to Dec. 2023 (66.97). It may suggest that QRI Manager Pty delayed paying its suppliers.

QRI Manager Pty Days Payable Historical Data

The historical data trend for QRI Manager Pty'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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QRI Manager Pty Days Payable Chart

QRI Manager Pty Annual Data

Trend

Jun18

Jun20

Jun21

Jun22

Jun23

Days Payable

55.22

51.51

49.63

54.76

QRI Manager Pty Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				53.53	51.54	60.41	63.50	66.97

Competitive Comparison of QRI Manager Pty's Days Payable

For the Asset Management subindustry, QRI Manager Pty'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.

QRI Manager Pty's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, QRI Manager Pty's Days Payable distribution charts can be found below:

* The bar in red indicates where QRI Manager Pty's Days Payable falls into.

QRI Manager Pty 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.

QRI Manager Pty'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
=	( (1.368	+	1.473)	/	2 )	/	9.468	*	365
=	1.4205					/	9.468	*	365
=	54.76

QRI Manager Pty'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
=	( (1.473	+	2.049)	/	2 )	/	4.799	*	365 / 2
=	1.761					/	4.799	*	365 / 2
=	66.97

QRI Manager Pty Days Payable Related Terms

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QRI Manager Pty (ASX:QRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » QRI Manager Pty Ltd (ASX:QRI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000

Website

https://www.qualitas.com.au

QRI Manager Pty Ltd is a real estate investment management firm that seeks to invest the trust's capital in a portfolio of investments that provide unitholders with exposure to real estate loans secured by first and second mortgages, predominantly located in Australia and from time to time in New Zealand. The amount raised by the trust is invested in the Qualitas Wholesale Real Estate Income Fund.

QRI Manager Pty (ASX:QRI) Headlines

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