Attacq (JSE:ATT) Days Payable : 104.25 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Attacq Days Payable?

Attacq's average Accounts Payable for the six months ended in Dec. 2023 was R306 Mil. Attacq's Cost of Goods Sold for the six months ended in Dec. 2023 was R535 Mil. Hence, Attacq's Days Payable for the six months ended in Dec. 2023 was 104.25.

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

JSE:ATT' s Days Payable Range Over the Past 10 Years
Min: 10.06 Med: 91.93 Max: 424.77
Current: 120.18

During the past 13 years, Attacq's highest Days Payable was 424.77. The lowest was 10.06. And the median was 91.93.

JSE:ATT's Days Payable is ranked worse than
52.66% of 526 companies
in the REITs industry
Industry Median: 128.68 vs JSE:ATT: 120.18

Attacq's Days Payable declined from Dec. 2022 (120.22) to Dec. 2023 (104.25). It may suggest that Attacq accelerated paying its suppliers.

Attacq Days Payable Historical Data

The historical data trend for Attacq'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.

Attacq Days Payable Chart

Attacq Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

34.31

30.51

29.60

16.81

10.06

Attacq 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															67.73	101.40	120.22	82.19	104.25

Competitive Comparison of Attacq's Days Payable

For the REIT - Diversified subindustry, Attacq'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.

Attacq's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Attacq's Days Payable falls into.

Attacq 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.

Attacq'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
=	( (21.191	+	32.201)	/	2 )	/	968.733	*	365
=	26.696					/	968.733	*	365
=	10.06

Attacq'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
=	( (32.201	+	579.089)	/	2 )	/	535.05	*	365 / 2
=	305.645					/	535.05	*	365 / 2
=	104.25

Attacq Days Payable Related Terms

Thank you for viewing the detailed overview of Attacq's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Attacq (JSE:ATT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Attacq Ltd (JSE:ATT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Magwa Crescent, Nexus 1, Ground floor, Waterfall City, Johannesburg, GT, ZAF, 2090

Website

https://www.attacq.co.za

Attacq Ltd is a South Africa-based REIT company. It is principally engaged in property development and property investment. The company's property investment portfolio contains commercial and retail real estate investments, which are located in South Africa, emerging markets excluding South Africa, and developed markets (such as some countries in Europe), with property investment in South Africa accounting for around two-thirds of total property assets. The company's property investment portfolio accounts for the majority of the company's total property portfolio. The company also develops properties to address tenants' needs or to generate investment properties. It generates the majority of its total revenue from rental income.