NIPPON REIT Investment (TSE:3296) Days Payable : 52.01 (As of Dec. 2023)

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What is NIPPON REIT Investment Days Payable?

NIPPON REIT Investment's average Accounts Payable for the six months ended in Dec. 2023 was 円926 Mil. NIPPON REIT Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was 円3,249 Mil. Hence, NIPPON REIT Investment's Days Payable for the six months ended in Dec. 2023 was 52.01.

The historical rank and industry rank for NIPPON REIT Investment's Days Payable or its related term are showing as below:

TSE:3296' s Days Payable Range Over the Past 10 Years
Min: 21.92 Med: 66.61 Max: 133.06
Current: 133.06

During the past 10 years, NIPPON REIT Investment's highest Days Payable was 133.06. The lowest was 21.92. And the median was 66.61.

TSE:3296's Days Payable is ranked better than
50.95% of 526 companies
in the REITs industry
Industry Median: 128.68 vs TSE:3296: 133.06

NIPPON REIT Investment's Days Payable increased from Dec. 2021 (51.79) to Dec. 2023 (52.01). It may suggest that NIPPON REIT Investment delayed paying its suppliers.

NIPPON REIT Investment Days Payable Historical Data

The historical data trend for NIPPON REIT Investment'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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NIPPON REIT Investment Days Payable Chart

NIPPON REIT Investment Annual Data

Trend

Jun13

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec23

Days Payable

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93.13

84.66

69.09

60.52

NIPPON REIT Investment Semi-Annual Data
	Jun13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec23
Days Payable	Get a 7-Day Free Trial														52.16	48.59	51.79	51.89	52.01

Competitive Comparison of NIPPON REIT Investment's Days Payable

For the REIT - Diversified subindustry, NIPPON REIT Investment'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.

NIPPON REIT Investment's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where NIPPON REIT Investment's Days Payable falls into.

NIPPON REIT Investment 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.

NIPPON REIT Investment'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. 2021 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1085.637	+	1184.509)	/	2 )	/	0	*	365
=	1135.073					/	0	*	365
=	N/A

NIPPON REIT Investment'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: Jun. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (667.511	+	1184.509)	/	2 )	/	3249.261	*	365 / 2
=	926.01					/	3249.261	*	365 / 2
=	52.01

NIPPON REIT Investment Days Payable Related Terms

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NIPPON REIT Investment (TSE:3296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NIPPON REIT Investment Corp (TSE:3296) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 17 No. 18 Shinkawa, Chuo-ku, Tokyo-chome, JPN

Website

http://www.nippon-reit.com

NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders primarily in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.

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