Hoshino Resorts REIT (TSE:3287) Days Payable : 28.59 (As of Apr. 2023)

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What is Hoshino Resorts REIT Days Payable?

Hoshino Resorts REIT's average Accounts Payable for the six months ended in Apr. 2023 was 円464 Mil. Hoshino Resorts REIT's Cost of Goods Sold for the six months ended in Apr. 2023 was 円2,959 Mil. Hence, Hoshino Resorts REIT's Days Payable for the six months ended in Apr. 2023 was 28.59.

The historical rank and industry rank for Hoshino Resorts REIT's Days Payable or its related term are showing as below:

TSE:3287' s Days Payable Range Over the Past 10 Years
Min: 7.68 Med: 21.55 Max: 29.54
Current: 24.3

During the past 10 years, Hoshino Resorts REIT's highest Days Payable was 29.54. The lowest was 7.68. And the median was 21.55.

TSE:3287's Days Payable is ranked worse than
87.67% of 527 companies
in the REITs industry
Industry Median: 125.84 vs TSE:3287: 24.30

Hoshino Resorts REIT's Days Payable increased from Apr. 2022 (16.17) to Apr. 2023 (28.59). It may suggest that Hoshino Resorts REIT delayed paying its suppliers.

Hoshino Resorts REIT Days Payable Historical Data

The historical data trend for Hoshino Resorts REIT'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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Hoshino Resorts REIT Days Payable Chart

Hoshino Resorts REIT Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Days Payable

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17.95

20.89

23.08

22.25

24.57

Hoshino Resorts REIT Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Days Payable	Get a 7-Day Free Trial															25.17	20.81	16.17	22.92	28.59

Competitive Comparison of Hoshino Resorts REIT's Days Payable

For the REIT - Hotel & Motel subindustry, Hoshino Resorts REIT'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.

Hoshino Resorts REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Hoshino Resorts REIT's Days Payable falls into.

Hoshino Resorts REIT 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.

Hoshino Resorts REIT's Days Payable for the fiscal year that ended in Oct. 2022 is calculated as

	Days Payable (A: Oct. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2021 )	+	Accounts Payable (A: Oct. 2022 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2022 )	*	Days in Period
=	( (247.968	+	478.558)	/	2 )	/	5396.53	*	365
=	363.263					/	5396.53	*	365
=	24.57

Hoshino Resorts REIT's Days Payable for the quarter that ended in Apr. 2023 is calculated as:

	Days Payable (Q: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2022 )	+	Accounts Payable (Q: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2023 )	*	Days in Period
=	( (478.558	+	448.546)	/	2 )	/	2958.606	*	365 / 2
=	463.552					/	2958.606	*	365 / 2
=	28.59

Hoshino Resorts REIT Days Payable Related Terms

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Hoshino Resorts REIT (TSE:3287) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hoshino Resorts REIT Inc (TSE:3287) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-4 Hattsuchoubori, Chuo-Ku, Tokyo, JPN, 104-0032

Website

http://www.hoshinoresort.com

Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.

Hoshino Resorts REIT (TSE:3287) Headlines

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