Choice Properties Real Estate Investment Trust (TSX:CHP.UN) Days Payable : 514.74 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Choice Properties Real Estate Investment Trust Days Payable?

Choice Properties Real Estate Investment Trust's average Accounts Payable for the three months ended in Dec. 2023 was C$651 Mil. Choice Properties Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Dec. 2023 was C$115 Mil. Hence, Choice Properties Real Estate Investment Trust's Days Payable for the three months ended in Dec. 2023 was 514.74.

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

TSX:CHP.UN' s Days Payable Range Over the Past 10 Years
Min: 433.2 Med: 593.7 Max: 830.24
Current: 548.43

During the past 11 years, Choice Properties Real Estate Investment Trust's highest Days Payable was 830.24. The lowest was 433.20. And the median was 593.70.

TSX:CHP.UN's Days Payable is ranked better than
89.94% of 527 companies
in the REITs industry
Industry Median: 125.84 vs TSX:CHP.UN: 548.43

Choice Properties Real Estate Investment Trust's Days Payable declined from Dec. 2022 (563.63) to Dec. 2023 (514.74). It may suggest that Choice Properties Real Estate Investment Trust accelerated paying its suppliers.

Choice Properties Real Estate Investment Trust Days Payable Historical Data

The historical data trend for Choice Properties 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.

* Premium members only.

Choice Properties Real Estate Investment Trust Days Payable Chart

Choice Properties Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

433.20

464.37

515.55

589.96

597.43

Choice Properties Real Estate Investment Trust 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															563.63	512.59	519.81	607.62	514.74

Competitive Comparison of Choice Properties Real Estate Investment Trust's Days Payable

For the REIT - Retail subindustry, Choice Properties 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.

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

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

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

Choice Properties 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.

Choice Properties 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
=	( (578.47	+	698.452)	/	2 )	/	390.068	*	365
=	638.461					/	390.068	*	365
=	597.43

Choice Properties 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (603.414	+	698.452)	/	2 )	/	115.394	*	365 / 4
=	650.933					/	115.394	*	365 / 4
=	514.74

Choice Properties Real Estate Investment Trust Days Payable Related Terms

Thank you for viewing the detailed overview of Choice Properties Real Estate Investment Trust's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Choice Properties Real Estate Investment Trust (TSX:CHP.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Choice Properties Real Estate Investment Trust (TSX:CHP.UN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PPRQF:USA 6HC:Germany

Address

22 St. Clair Avenue East, Suite 700, Toronto, ON, CAN, M4T 2S5

Website

https://www.choicereit.ca

Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generate the majority of revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.

Choice Properties Real Estate Investment Trust (TSX:CHP.UN) Headlines

No Headlines