Retail Estates (XBRU:RET) Days Payable : 105.94 (As of Sep. 2023)

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What is Retail Estates Days Payable?

Retail Estates's average Accounts Payable for the six months ended in Sep. 2023 was €9.0 Mil. Retail Estates's Cost of Goods Sold for the six months ended in Sep. 2023 was €15.5 Mil. Hence, Retail Estates's Days Payable for the six months ended in Sep. 2023 was 105.94.

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

XBRU:RET' s Days Payable Range Over the Past 10 Years
Min: 1.56 Med: 8.16 Max: 148.02
Current: 148.02

During the past 13 years, Retail Estates's highest Days Payable was 148.02. The lowest was 1.56. And the median was 8.16.

XBRU:RET's Days Payable is ranked better than
56.74% of 527 companies
in the REITs industry
Industry Median: 126.04 vs XBRU:RET: 148.02

Retail Estates's Days Payable declined from Sep. 2022 (152.11) to Sep. 2023 (105.94). It may suggest that Retail Estates accelerated paying its suppliers.

Retail Estates Days Payable Historical Data

The historical data trend for Retail Estates'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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Retail Estates Days Payable Chart

Retail Estates Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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6.78

5.09

7.71

5.08

1.56

Retail Estates Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															151.53	131.62	152.11	117.19	105.94

Competitive Comparison of Retail Estates's Days Payable

For the REIT - Retail subindustry, Retail Estates'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.

Retail Estates's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Retail Estates's Days Payable falls into.

Retail Estates 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.

Retail Estates's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.002	+	0.245)	/	2 )	/	28.884	*	365
=	0.1235					/	28.884	*	365
=	1.56

Retail Estates's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.245	+	17.777)	/	2 )	/	15.523	*	365 / 2
=	9.011					/	15.523	*	365 / 2
=	105.94

Retail Estates Days Payable Related Terms

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Retail Estates (XBRU:RET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Retail Estates SA (XBRU:RET) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0FSO:UK R6N:Germany

Address

Industrielaan 6, Ternat, BEL, B-1740

Website

https://www.retailestates.com

Retail Estates SA is a real estate investment trust that invests mainly in retail properties located on the periphery of residential areas or along access roads to urban centers, mainly in the Flemish and Wallonia Regions of Belgium. The company buys these properties from third parties or builds and markets retail buildings for its account. It rents its properties in a structural state, with the furnishings, fittings, and maintenance left to the discretion of the tenants. Geographically, it derives a majority of its revenue in the form of rental income from Belgium.

Retail Estates (XBRU:RET) Headlines

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