QTS Realty Trust (QTS Realty Trust) Days Payable : 392.78 (As of Jun. 2021)

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What is QTS Realty Trust Days Payable?

QTS Realty Trust's average Accounts Payable for the three months ended in Jun. 2021 was $221.6 Mil. QTS Realty Trust's Cost of Goods Sold for the three months ended in Jun. 2021 was $51.5 Mil. Hence, QTS Realty Trust's Days Payable for the three months ended in Jun. 2021 was 392.78.

The historical rank and industry rank for QTS Realty Trust's Days Payable or its related term are showing as below:

QTS' s Days Payable Range Over the Past 10 Years
Min: 195.3 Med: 250.25 Max: 358.71
Current: 358.71

During the past 11 years, QTS Realty Trust's highest Days Payable was 358.71. The lowest was 195.30. And the median was 250.25.

QTS's Days Payable is not ranked
in the REITs industry.
Industry Median: 125.84 vs QTS: 358.71

QTS Realty Trust's Days Payable increased from Jun. 2020 (356.51) to Jun. 2021 (392.78). It may suggest that QTS Realty Trust delayed paying its suppliers.

QTS Realty Trust Days Payable Historical Data

The historical data trend for QTS Realty 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.

* Premium members only.

QTS Realty Trust Days Payable Chart

QTS Realty Trust Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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228.62

220.50

241.84

258.65

326.21

QTS Realty Trust Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Days Payable	Get a 7-Day Free Trial															356.51	326.34	347.65	346.66	392.78

Competitive Comparison of QTS Realty Trust's Days Payable

For the REIT - Industrial subindustry, QTS Realty 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.

QTS Realty Trust's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where QTS Realty Trust's Days Payable falls into.

QTS Realty 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.

QTS Realty Trust's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (142.547	+	187.27)	/	2 )	/	184.517	*	365
=	164.9085					/	184.517	*	365
=	326.21

QTS Realty Trust's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

	Days Payable (Q: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2021 )	+	Accounts Payable (Q: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
=	( (202.552	+	240.738)	/	2 )	/	51.492	*	365 / 4
=	221.645					/	51.492	*	365 / 4
=	392.78

QTS Realty Trust Days Payable Related Terms

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QTS Realty Trust (QTS Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » QTS Realty Trust Inc (NYSE:QTS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12851 Foster Street, Suite 205, Overland Park, KS, USA, 66213

Website

https://www.qtsdatacenters.com

QTS Realty Trust Inc is a real estate investment trust involved in the ownership and management of data centers located throughout the United States. The company provides data center solutions and cloud-managed services to customers through its facilities. QTS' Customer Data Center and Colocation Services business lines, cumulatively, contribute the majority of its total revenue. In each of these, QTS provides its tenants with the services and rental space necessary to house, power, and cool their networking equipment and computer systems. Most of the company's real estate portfolio is located in the Richmond, Dallas-Fort Worth, and Northeastern Georgia regions in terms of total square footage and rental revenue. Companies in the technology industry represent QTS' largest source of income.

Executives

William H Schafer	officer: EVP -- Finance and Accounting	3300 ENTERPRISES PARKWAY, BEECHWOOD OH 44122
Chad L. Williams	officer: Chief Executive Officer	C/O QTS REALTY TRUST, INC. 12851 FOSTER STREET OVERLAND PARK KS 66213
John W Barter	director	2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Stephen E. Westhead	director	QTS REALTY TRUST, INC. 12851 FOSTER STREET OVERLAND PARK KS 66213
Thomson Matt Neill Jr	officer: General Counsel, VP, Secretary	12851 FOSTER STREET OVERLAND PARK KS 66213
David Robey	officer: Chief Operating Officer	12851 FOSTER STREET OVERLAND PARK KS 66213
Jon D Greaves	officer: Chief Technology Officer	C/O QTS REALTY TRUS, INC. 12851 FOSTER STREET OVERLAND PARK KS 66213
Steven C Bloom	officer: Chief People Officer	C/O QTS REALTY TRUST, INC. 12851 FOSTER STREET OVERLAND PARK KS 66213
Shirley E. Goza	officer: Secretary	QTS REALTY TRUST, INC. 12851 FOSTER STREET OVERLAND PARK KS 66213
Jeffrey H. Berson	officer: Chief Financial Officer	QTS REALTY TRUST, INC. 12851 FOSTER STREET OVERLAND PARK KS 66213
Scott D Miller	director	C/O QTS REALTY TRUST, INC., 12851 FOSTER STREET, OVERLAND KS 66213
Catherine R Kinney	director	C/O QTS REALTY TRUST INC., 12851 FOSTER STREET, OVERLAND PARK KS 66213
Mazen Al-rawashdeh	director	C/O QTS REALTY TRUST INC. 12851 FOSTER STREET OVERLAND PARK KS 66213
Peter Marino	director	12701 FAIR LAKES CIRCLE, FAIRFAX VA 22033
Wayne M Rehberger	director	4803 STONECROFT BOULEVARD CHANTILLY VA 20151