Mori Trust Reit (Mori Trust Reit) Days Payable : 17.91 (As of Sep. 2022)

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What is Mori Trust Reit Days Payable?

Mori Trust Reit's average Accounts Payable for the six months ended in Sep. 2022 was $2.09 Mil. Mori Trust Reit's Cost of Goods Sold for the six months ended in Sep. 2022 was $21.34 Mil. Hence, Mori Trust Reit's Days Payable for the six months ended in Sep. 2022 was 17.91.

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

MRGIF's Days Payable is not ranked ^*
in the REITs industry.
Industry Median: 125.84
* Ranked among companies with meaningful Days Payable only.

Mori Trust Reit's Days Payable declined from Sep. 2021 (20.53) to Sep. 2022 (17.91). It may suggest that Mori Trust Reit accelerated paying its suppliers.

Mori Trust Reit Days Payable Historical Data

The historical data trend for Mori Trust Reit'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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Mori Trust Reit Days Payable Chart

Mori Trust Reit Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Payable

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34.23

22.14

10.97

15.82

22.53

Mori Trust Reit Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Feb24
Days Payable	Get a 7-Day Free Trial															17.22	20.53	18.36	17.91	16.72

Competitive Comparison of Mori Trust Reit's Days Payable

For the REIT - Office subindustry, Mori Trust Reit'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.

Mori Trust Reit's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Mori Trust Reit's Days Payable falls into.

Mori Trust Reit 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.

Mori Trust Reit's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

	Days Payable (A: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2021 )	+	Accounts Payable (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (3.093	+	2.148)	/	2 )	/	42.453	*	365
=	2.6205					/	42.453	*	365
=	22.53

Mori Trust Reit's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (2.041	+	2.148)	/	2 )	/	21.341	*	365 / 2
=	2.0945					/	21.341	*	365 / 2
=	17.91

Mori Trust Reit Days Payable Related Terms

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Mori Trust Reit (Mori Trust Reit) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mori Trust Reit Inc (OTCPK:MRGIF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8961:Japan

Address

3-1 Toranomon 4-chome, Minato-ku, Tokyo, JPN

Website

http://www.mt-reit.jp

Mori Trust Reit Inc is a real estate investment trust company. Its objective is to achieve sustainable growth and stable earnings from mid- to long-term perspectives. It invests in office buildings, commercial facilities, housings, and hotels. The company owns more than 10 properties in and around Central Tokyo and others. The company generates its revenue from its leasing business.

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