SITE Centers (SITE Centers) Days Payable

: 482.15 (As of Dec. 2023)

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SITE Centers's average Accounts Payable for the three months ended in Dec. 2023 was $201.94 Mil. SITE Centers's Cost of Goods Sold for the three months ended in Dec. 2023 was $38.22 Mil. Hence, SITE Centers's Days Payable for the three months ended in Dec. 2023 was 482.15.

The historical rank and industry rank for SITE Centers's Days Payable or its related term are showing as below:

SITCpK.PFD' s Days Payable Range Over the Past 10 Years
Min: 451.78 Med: 511.45 Max: 574.81
Current: 451.78

During the past 13 years, SITE Centers's highest Days Payable was 574.81. The lowest was 451.78. And the median was 511.45.

SITCpK.PFD's Days Payable is ranked better than
86.15% of 527 companies
in the REITs industry
Industry Median: 125.84 vs SITCpK.PFD: 451.78

SITE Centers's Days Payable increased from Dec. 2022 (477.51) to Dec. 2023 (482.15). It may suggest that SITE Centers delayed paying its suppliers.

SITE Centers Days Payable Historical Data

The historical data trend for SITE Centers'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.

SITE Centers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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554.67

574.81

518.27

465.70

452.30

SITE Centers 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															477.51	433.68	434.06	460.41	482.15

Competitive Comparison

For the REIT - Retail subindustry, SITE Centers'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.

SITE Centers Days Payable Distribution

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

* The bar in red indicates where SITE Centers's Days Payable falls into.

SITE Centers 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.

SITE Centers'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
=	( (214.985	+	195.727)	/	2 )	/	165.721	*	365
=	205.356					/	165.721	*	365
=	452.30

SITE Centers'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
=	( (208.151	+	195.727)	/	2 )	/	38.218	*	365 / 4
=	201.939					/	38.218	*	365 / 4
=	482.15

SITE Centers Days Payable Related Terms

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SITE Centers (SITE Centers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SITE Centers Corp (NYSE:SITCpK.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SITCpA.PFD:USA SITC:USA DDR2:Germany

Address

3300 Enterprise Parkway, Beachwood, OH, USA, 44122

Website

https://www.sitecenters.com

SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.