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Malita Investments (MAL:MLT) Days Payable : 58.68 (As of Dec. 2023)


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What is Malita Investments Days Payable?

Malita Investments's average Accounts Payable for the six months ended in Dec. 2023 was €2.77 Mil. Malita Investments's Cost of Goods Sold for the six months ended in Dec. 2023 was €8.63 Mil. Hence, Malita Investments's Days Payable for the six months ended in Dec. 2023 was 58.68.

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

MAL:MLT' s Days Payable Range Over the Past 10 Years
Min: 0.51   Med: 16.4   Max: 521.92
Current: 47.65

During the past 13 years, Malita Investments's highest Days Payable was 521.92. The lowest was 0.51. And the median was 16.40.

MAL:MLT's Days Payable is ranked worse than
71.36% of 1571 companies
in the Real Estate industry
Industry Median: 99.76 vs MAL:MLT: 47.65

Malita Investments's Days Payable increased from Dec. 2022 (23.98) to Dec. 2023 (58.68). It may suggest that Malita Investments delayed paying its suppliers.


Malita Investments Days Payable Historical Data

The historical data trend for Malita Investments'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.

Malita Investments Days Payable Chart

Malita Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.22 4.98 1.83 0.51 2.22

Malita Investments 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 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 Premium Member Only 120.74 107.96 23.98 88.18 58.68

Competitive Comparison of Malita Investments's Days Payable

For the Real Estate - Diversified subindustry, Malita Investments'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.


Malita Investments's Days Payable Distribution in the Real Estate Industry

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

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



Malita Investments 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.

Malita Investments's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.045 + 0.129) / 2 ) / 14.284*365
=0.087 / 14.284*365
=2.22

Malita Investments'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
=( (5.42 + 0.129) / 2 ) / 8.629*365 / 2
=2.7745 / 8.629*365 / 2
=58.68

* 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.


Malita Investments Days Payable Related Terms

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Malita Investments (MAL:MLT) Business Description

Traded in Other Exchanges
N/A
Address
Tigne Point, Clock Tower, Level 1, Sliema, MLT, TP 01
Malita Investments PLC is a Malta-based investment holding company. It engaged in the acquisition, development, and management of the immovable property. Its projects include the Maltese Parliament, Valletta City Gate, Open-Air Theatre, and the construction of affordable housing all around Malta.

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