Broadstone Net Lease (Broadstone Net Lease) Days Payable : 703.25 (As of Dec. 2023)

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What is Broadstone Net Lease Days Payable?

Broadstone Net Lease's average Accounts Payable for the three months ended in Dec. 2023 was $46.2 Mil. Broadstone Net Lease's Cost of Goods Sold for the three months ended in Dec. 2023 was $6.0 Mil. Hence, Broadstone Net Lease's Days Payable for the three months ended in Dec. 2023 was 703.25.

The historical rank and industry rank for Broadstone Net Lease's Days Payable or its related term are showing as below:

BNL' s Days Payable Range Over the Past 10 Years
Min: 705.02 Med: 747.35 Max: 1628.09
Current: 744.34

During the past 9 years, Broadstone Net Lease's highest Days Payable was 1628.09. The lowest was 705.02. And the median was 747.35.

BNL's Days Payable is ranked better than
92.79% of 527 companies
in the REITs industry
Industry Median: 125.84 vs BNL: 744.34

Broadstone Net Lease's Days Payable declined from Dec. 2022 (714.23) to Dec. 2023 (703.25). It may suggest that Broadstone Net Lease accelerated paying its suppliers.

Broadstone Net Lease Days Payable Historical Data

The historical data trend for Broadstone Net Lease'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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Broadstone Net Lease Days Payable Chart

Broadstone Net Lease Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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705.02

762.88

728.87

717.37

768.62

Broadstone Net Lease Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															714.23	725.82	825.39	711.78	703.25

Competitive Comparison of Broadstone Net Lease's Days Payable

For the REIT - Diversified subindustry, Broadstone Net Lease'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.

Broadstone Net Lease's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Broadstone Net Lease's Days Payable falls into.

Broadstone Net Lease 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.

Broadstone Net Lease'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
=	( (47.547	+	47.534)	/	2 )	/	22.576	*	365
=	47.5405					/	22.576	*	365
=	768.62

Broadstone Net Lease'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
=	( (44.886	+	47.534)	/	2 )	/	5.996	*	365 / 4
=	46.21					/	5.996	*	365 / 4
=	703.25

Broadstone Net Lease Days Payable Related Terms

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Broadstone Net Lease (Broadstone Net Lease) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Broadstone Net Lease Inc (NYSE:BNL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

62XA:Germany 62XA:Germany

Address

800 Clinton Square, Rochester, NY, USA, 14604

Website

https://investors.bnl.broadstone.com

Broadstone Net Lease Inc is an internally-managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.

Executives

John David Moragne	officer: See Remarks	800 CLINTON SQUARE, ROCHESTER NY 14604
Ryan M Albano	officer: See Remarks	800 CLINTON SQUARE, ROCHESTER NY 14604
Michael B. Caruso	officer: SVP, Finance	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Kevin Fennell	officer: SVP - Capital Markets	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Roderick Pickney	officer: SVP - Acquisitions	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Michael A Coke	director	TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Jennie O'brien	officer: SVP - Accounting & Controller	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Jessica Duran	director	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Laura L. Felice	director	C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Lessard Laurier J Jr	officer: SVP - Asset Management	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Molly Wiegel	officer: SVP - Human Resources	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Denise Brooks-williams	director	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Andrea T. Wright	officer: SVP, Property Management	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Kristen Duckles	officer: SVP & Chief Admin. Officer	BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Christopher J Czarnecki	director, officer: Chief Executive Officer	800 CLINTON SQUARE, ROCHESTER NY 14604