Araneta Properties (PHS:ARA) Days Payable : 122.94 (As of Mar. 2024)

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What is Araneta Properties Days Payable?

Araneta Properties's average Accounts Payable for the three months ended in Mar. 2024 was ₱62.8 Mil. Araneta Properties's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱46.6 Mil. Hence, Araneta Properties's Days Payable for the three months ended in Mar. 2024 was 122.94.

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

PHS:ARA' s Days Payable Range Over the Past 10 Years
Min: 147.71 Med: 1483.56 Max: 3373.92
Current: 399.31

During the past 13 years, Araneta Properties's highest Days Payable was 3373.92. The lowest was 147.71. And the median was 1483.56.

PHS:ARA's Days Payable is ranked better than
84.37% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs PHS:ARA: 399.31

Araneta Properties's Days Payable declined from Mar. 2023 (6,853.62) to Mar. 2024 (122.94). It may suggest that Araneta Properties accelerated paying its suppliers.

Araneta Properties Days Payable Historical Data

The historical data trend for Araneta Properties'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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Araneta Properties Days Payable Chart

Araneta Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,441.75

2,743.34

863.57

1,530.96

3,373.92

Araneta Properties Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															6,853.62	1,235.31	-	711,780.42	122.94

Competitive Comparison of Araneta Properties's Days Payable

For the Real Estate - Development subindustry, Araneta Properties'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.

Araneta Properties's Days Payable Distribution in the Real Estate Industry

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

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

Araneta Properties 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.

Araneta Properties'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
=	( (34.554	+	40.689)	/	2 )	/	4.07	*	365
=	37.6215					/	4.07	*	365
=	3,373.92

Araneta Properties's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (40.689	+	84.839)	/	2 )	/	46.587	*	365 / 4
=	62.764					/	46.587	*	365 / 4
=	122.94

Araneta Properties Days Payable Related Terms

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Araneta Properties (PHS:ARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Araneta Properties Inc (PHS:ARA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Paseo de Roxas, 21st Floor, BDO Towers Valero Condo Corp, Makati, PHL, 1227

Website

https://www.aranetaproperties.com

Araneta Properties Inc is a real estate developer in the Philippines. The company acquires, owns, holds, improves, develops, subdivides, sells, leases, rents, mortgages, manages, and otherwise deals in real estate or any interest therein for residential, commercial, industrial, and recreational purposes. Its property portfolio consists of San Jose del Monte, Bulacan Property; Smelting Plant Property; Land Banking Activities in San Jose Del Monte, Bulacan; and the Land Banking Activities City of Laoag, Ilocos Norte.