Inovalis Real Estate Investment Trust (Inovalis Real Estate Investment Trust) Days Payable : 105.45 (As of Mar. 2024)

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What is Inovalis Real Estate Investment Trust Days Payable?

Inovalis Real Estate Investment Trust's average Accounts Payable for the three months ended in Mar. 2024 was $4.36 Mil. Inovalis Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Mar. 2024 was $3.77 Mil. Hence, Inovalis Real Estate Investment Trust's Days Payable for the three months ended in Mar. 2024 was 105.45.

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

IVREF' s Days Payable Range Over the Past 10 Years
Min: 124.05 Med: 166.54 Max: 265.56
Current: 232.02

During the past 11 years, Inovalis Real Estate Investment Trust's highest Days Payable was 265.56. The lowest was 124.05. And the median was 166.54.

IVREF's Days Payable is ranked better than
71.62% of 525 companies
in the REITs industry
Industry Median: 128.81 vs IVREF: 232.02

Inovalis Real Estate Investment Trust's Days Payable declined from Mar. 2023 (151.89) to Mar. 2024 (105.45). It may suggest that Inovalis Real Estate Investment Trust accelerated paying its suppliers.

Inovalis Real Estate Investment Trust Days Payable Historical Data

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

Inovalis Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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162.50

211.06

198.54

273.53

200.95

Inovalis Real Estate Investment Trust 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															151.89	415.74	429.75	202.83	105.45

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

For the REIT - Office subindustry, Inovalis 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.

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

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

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

Inovalis 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.

Inovalis 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
=	( (5.176	+	3.318)	/	2 )	/	7.714	*	365
=	4.247					/	7.714	*	365
=	200.95

Inovalis Real Estate Investment Trust'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
=	( (3.318	+	5.398)	/	2 )	/	3.771	*	365 / 4
=	4.358					/	3.771	*	365 / 4
=	105.45

Inovalis Real Estate Investment Trust Days Payable Related Terms

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

Industry

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

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INO.UN:Canada

Address

151 Yonge Street, 11th Floor, Toronto, ON, CAN, M5C 2W7

Website

https://www.inovalisreit.com

Inovalis Real Estate Investment Trust is a Canada based open-ended real estate investment trust. The REIT Properties consist of office properties that are used for the rental of office space leased to corporate clients in urban areas. Its properties portfolio includes office rental properties located in France and Germany. The majority of its revenue is generated from rental income in France. The REIT operates a portfolio of investment properties located in France, Germany and Spain.