Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Days Payable

: 17.13 (As of Dec. 2023)

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Dream Office Real Estate Investment Trust's average Accounts Payable for the three months ended in Dec. 2023 was $3.1 Mil. Dream Office Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Dec. 2023 was $16.3 Mil. Hence, Dream Office Real Estate Investment Trust's Days Payable for the three months ended in Dec. 2023 was 17.13.

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

DRETF' s Days Payable Range Over the Past 10 Years
Min: 2.95 Med: 16.11 Max: 28.73
Current: 19.19

During the past 13 years, Dream Office Real Estate Investment Trust's highest Days Payable was 28.73. The lowest was 2.95. And the median was 16.11.

DRETF's Days Payable is ranked worse than
90.89% of 527 companies
in the REITs industry
Industry Median: 122.38 vs DRETF: 19.19

Dream Office Real Estate Investment Trust's Days Payable declined from Dec. 2022 (137.53) to Dec. 2023 (17.13). It may suggest that Dream Office Real Estate Investment Trust accelerated paying its suppliers.

Dream Office Real Estate Investment Trust Days Payable Historical Data

The historical data trend for Dream Office 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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Dream Office Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

23.62

28.24

24.02

23.57

19.05

Dream Office 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																137.53	21.48	-	-	17.13

Competitive Comparison

For the REIT - Office subindustry, Dream Office 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.

Dream Office Real Estate Investment Trust Days Payable Distribution

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

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

Dream Office 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.

Dream Office 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
=	( (3.791	+	3.066)	/	2 )	/	65.678	*	365
=	3.4285					/	65.678	*	365
=	19.05

Dream Office 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
=	( (0	+	3.066)	/	1 )	/	16.335	*	365 / 4
=	3.066					/	16.335	*	365 / 4
=	17.13

Dream Office Real Estate Investment Trust Days Payable Related Terms

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Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Office Real Estate Investment Trust (OTCPK:DRETF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

D.UN:Canada

Address

30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation. Most of Dream Office's customers are in the finance, insurance, science, and government industries.