Champion Real Estate Investment Trust (Champion Real Estate Investment Trust) Days Payable : 73.79 (As of Dec. 2023)

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What is Champion Real Estate Investment Trust Days Payable?

Champion Real Estate Investment Trust's average Accounts Payable for the six months ended in Dec. 2023 was $16.9 Mil. Champion Real Estate Investment Trust's Cost of Goods Sold for the six months ended in Dec. 2023 was $41.7 Mil. Hence, Champion Real Estate Investment Trust's Days Payable for the six months ended in Dec. 2023 was 73.79.

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

CMPNF' s Days Payable Range Over the Past 10 Years
Min: 44.59 Med: 57.44 Max: 104.18
Current: 80.22

During the past 13 years, Champion Real Estate Investment Trust's highest Days Payable was 104.18. The lowest was 44.59. And the median was 57.44.

CMPNF's Days Payable is ranked worse than
63.1% of 523 companies
in the REITs industry
Industry Median: 126.29 vs CMPNF: 80.22

Champion Real Estate Investment Trust's Days Payable declined from Dec. 2022 (74.05) to Dec. 2023 (73.79). It may suggest that Champion Real Estate Investment Trust accelerated paying its suppliers.

Champion Real Estate Investment Trust Days Payable Historical Data

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

Champion Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.99

53.94

81.79

104.08

83.70

Champion Real Estate Investment Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															74.61	91.85	74.05	83.79	73.79

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

For the REIT - Retail subindustry, Champion 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.

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

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

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

Champion 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.

Champion 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
=	( (19.488	+	17.503)	/	2 )	/	80.66	*	365
=	18.4955					/	80.66	*	365
=	83.70

Champion 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (16.201	+	17.503)	/	2 )	/	41.677	*	365 / 2
=	16.852					/	41.677	*	365 / 2
=	73.79

Champion Real Estate Investment Trust Days Payable Related Terms

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

Industry

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

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Traded in Other Exchanges

02778:Hong Kong

Address

Great Eagle Centre, 23 Harbour Road, Suite 3008, 30th Floor, Wanchai, Hong Kong, HKG

Website

https://www.championreit.com

Champion Real Estate Investment Trust, or Champion REIT, owns and invests in income-producing office and retail properties, with a focus on Grade A commercial properties in prime locations. In Hong Kong, the trust holds two assets in Three Garden Road in the central business district and the retail and office components of Langham Place in Mong Kok. Great Eagle Holdings listed Champion REIT with a 91.5% stake in Three Garden Road in 2006 and injected the Langham Place office and retail portions into the trust in 2008. The trust acquired the remaining stake in Three Garden Road and unified ownership of the property in 2013. Great Eagle Holdings retains a 68.3% stake in Champion REIT. In 2021, the trust entered into a joint venture to acquire a 27% stake in 66 Shoe Lane in London.