US Residential Fund (ASX:USR) Days Payable: 199.27 (As of Dec. 2018)


What is US Residential Fund Days Payable?

US Residential Fund ASX:USR Days Payable is 199.27 as of Dec. 2018.

US Residential Fund's average Accounts Payable for the six months ended in Dec. 2018 was A$0.20 Mil. US Residential Fund's Cost of Goods Sold for the six months ended in Dec. 2018 was A$0.19 Mil. Hence, US Residential Fund's Days Payable for the six months ended in Dec. 2018 was 199.27.

The historical rank and industry rank for US Residential Fund's Days Payable or its related term are showing as below:

ASX:USR's Days Payable is not ranked *
in the REITs industry.
Industry Median: 119.835
* Ranked among companies with meaningful Days Payable only.

US Residential Fund's Days Payable increased from Dec. 2017 (75.01) to Dec. 2018 (199.27). It may suggest that US Residential Fund delayed paying its suppliers.

US Residential Fund Days Payable Historical Data

* Premium members only.

The historical data trend for US Residential Fund'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.

US Residential Fund Days Payable Chart

US Residential Fund Annual Data
Trend Dec15 Dec16 Dec18
Days Payable
183.02 151.87 452.08

US Residential Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Days Payable Get a 7-Day Free Trial 125.03 140.02 75.01 321.72 199.27

ASX:USR vs RVEN, SACH, OAKS: Days Payable Comparison

For the REIT - Residential subindustry, US Residential Fund'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.

US Residential Fund Days Payable vs REITs Industry

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

* The bar in red indicates where US Residential Fund's Days Payable falls into.


US Residential Fund 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.

US Residential Fund's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.903 + 0.182) / 2 ) / 0.438*365
=0.5425 / 0.438*365
=452.08

US Residential Fund's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (0.222 + 0.182) / 2 ) / 0.185*365 / 2
=0.202 / 0.185*365 / 2
=199.27

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 199.27 mean?
US Residential Fund (ASX:USR) has a Days Payable of 199.27 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on US Residential Fund and its competitors.
Is US Residential Fund's Days Payable too high?
US Residential Fund's current Days Payable is 199.27. The REITs industry median Days Payable is 119.84. US Residential Fund's value of 199.27 is 66.3% above this industry median.
How does US Residential Fund's Days Payable compare to RVEN and SACH?
US Residential Fund's Days Payable of 199.27 can be compared against companies in the REITs industry. The industry median Days Payable is 119.84. US Residential Fund's value of 199.27 is 66.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a REITs company?
The median Days Payable among REITs companies is 119.84, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. US Residential Fund's current Days Payable of 199.27 is 66.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on US Residential Fund and its competitors. For the REITs industry, the median Days Payable is 119.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Residential Fund's current Days Payable is 199.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Residential Fund stock overvalued right now?
US Residential Fund (ASX:USR) has a current Days Payable of 199.27. The current Days Payable is 199.27 and 66.3% above the REITs industry median of 119.84. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For US Residential Fund (ASX:USR), the current Days Payable is 199.27 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

US Residential Fund Business Description

Industry Real EstateREITs
Address 201 Sussex Street, Level 20, Tower 2, Darling Park, Sydney, NSW, AUS, 2000
US Residential Fund is a real estate investment trust. The group operates in the United States residential property market. The investment objectives of the fund are expanding and diversifying in the United States residential market through direct and indirect property investments, utilizing both debt and equity instruments to facilitate the transactions.