SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Days Payable : 103.55 (As of Dec. 2023)

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What is SmartCentres Real Estate Investment Trust Days Payable?

SmartCentres Real Estate Investment Trust's average Accounts Payable for the three months ended in Dec. 2023 was $69.8 Mil. SmartCentres Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Dec. 2023 was $61.5 Mil. Hence, SmartCentres Real Estate Investment Trust's Days Payable for the three months ended in Dec. 2023 was 103.55.

The historical rank and industry rank for SmartCentres Real Estate Investment Trust's Days Payable or its related term are showing as below:

CWYUF' s Days Payable Range Over the Past 10 Years
Min: 97.34 Med: 109.71 Max: 119.16
Current: 100.27

During the past 13 years, SmartCentres Real Estate Investment Trust's highest Days Payable was 119.16. The lowest was 97.34. And the median was 109.71.

CWYUF's Days Payable is ranked worse than
55.79% of 527 companies
in the REITs industry
Industry Median: 125.84 vs CWYUF: 100.27

SmartCentres Real Estate Investment Trust's Days Payable increased from Dec. 2022 (98.89) to Dec. 2023 (103.55). It may suggest that SmartCentres Real Estate Investment Trust delayed paying its suppliers.

SmartCentres Real Estate Investment Trust Days Payable Historical Data

The historical data trend for SmartCentres Real Estate Investment Trust'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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SmartCentres Real Estate Investment Trust Days Payable Chart

SmartCentres Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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113.47

95.94

101.73

102.69

102.83

SmartCentres Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															98.89	93.46	93.04	105.78	103.55

Competitive Comparison of SmartCentres Real Estate Investment Trust's Days Payable

For the REIT - Retail subindustry, SmartCentres Real Estate Investment Trust'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.

SmartCentres Real Estate Investment Trust's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where SmartCentres Real Estate Investment Trust's Days Payable falls into.

SmartCentres Real Estate Investment Trust 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.

SmartCentres Real Estate Investment Trust'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
=	( (63.741	+	71.077)	/	2 )	/	239.282	*	365
=	67.409					/	239.282	*	365
=	102.83

SmartCentres Real Estate Investment Trust'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (68.609	+	71.077)	/	2 )	/	61.546	*	365 / 4
=	69.843					/	61.546	*	365 / 4
=	103.55

SmartCentres Real Estate Investment Trust Days Payable Related Terms

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SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SmartCentres Real Estate Investment Trust (OTCPK:CWYUF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

C7J1:Germany SRU.UN:Canada

Address

3200 Highway 7, Vaughan, ON, CAN, L4K 5Z5

Website

https://www.smartcentres.com

SmartCentres Real Estate Investment Trust is a Canadian fully integrated commercial and residential REIT, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under its wholly-owned residential sub-brand, SmartLiving. The Trust develops, leases, constructs, owns and manages shopping centres, office buildings, high-rise and low-rise condominiums and rental residences, seniors' housing, townhome units, self-storage rental facilities, and industrial facilities in Canada.

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