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Alexandria Real Estate Equities (BSP:A1RE34) Days Payable

: 214.06 (As of Dec. 2023)
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Alexandria Real Estate Equities's average Accounts Payable for the three months ended in Dec. 2023 was R$2,560 Mil. Alexandria Real Estate Equities's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,091 Mil. Hence, Alexandria Real Estate Equities's Days Payable for the three months ended in Dec. 2023 was 214.06.

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

BSP:A1RE34' s Days Payable Range Over the Past 10 Years
Min: 166.6   Med: 248.82   Max: 401.34
Current: 182.83

During the past 13 years, Alexandria Real Estate Equities's highest Days Payable was 401.34. The lowest was 166.60. And the median was 248.82.

BSP:A1RE34's Days Payable is ranked better than
64.71% of 527 companies
in the REITs industry
Industry Median: 122.38 vs BSP:A1RE34: 182.83

Alexandria Real Estate Equities's Days Payable increased from Dec. 2022 (189.41) to Dec. 2023 (214.06). It may suggest that Alexandria Real Estate Equities delayed paying its suppliers.


Alexandria Real Estate Equities Days Payable Historical Data

The historical data trend for Alexandria Real Estate Equities'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.

* Premium members only.

Alexandria Real Estate Equities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 165.06 152.75 226.16 219.81 200.02

Alexandria Real Estate Equities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 189.41 164.78 160.93 183.70 214.06

Competitive Comparison

For the REIT - Office subindustry, Alexandria Real Estate Equities'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.


Alexandria Real Estate Equities Days Payable Distribution

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

* The bar in red indicates where Alexandria Real Estate Equities's Days Payable falls into.



Alexandria Real Estate Equities 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.

Alexandria Real Estate Equities'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
=( (2044.347 + 2569.646) / 2 ) / 4209.81*365
=2306.9965 / 4209.81*365
=200.02

Alexandria Real Estate Equities'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
=( (2550.414 + 2569.646) / 2 ) / 1091.313*365 / 4
=2560.03 / 1091.313*365 / 4
=214.06

* 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.


Alexandria Real Estate Equities Days Payable Related Terms

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Alexandria Real Estate Equities (BSP:A1RE34) Business Description

Traded in Other Exchanges
Address
26 North Euclid Avenue, Pasadena, CA, USA, 91101
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.

Alexandria Real Estate Equities (BSP:A1RE34) Headlines

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