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Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Days Payable : 10.94 (As of Jun. 2022)


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What is Bluerock Residential Growth REIT Days Payable?

Bluerock Residential Growth REIT's average Accounts Payable for the three months ended in Jun. 2022 was $2.6 Mil. Bluerock Residential Growth REIT's Cost of Goods Sold for the three months ended in Jun. 2022 was $21.8 Mil. Hence, Bluerock Residential Growth REIT's Days Payable for the three months ended in Jun. 2022 was 10.94.

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

BRG' s Days Payable Range Over the Past 10 Years
Min: 6.71   Med: 12.44   Max: 177.58
Current: 12.13

During the past 12 years, Bluerock Residential Growth REIT's highest Days Payable was 177.58. The lowest was 6.71. And the median was 12.44.

BRG's Days Payable is not ranked
in the REITs industry.
Industry Median: 126.16 vs BRG: 12.13

Bluerock Residential Growth REIT's Days Payable increased from Jun. 2021 (8.38) to Jun. 2022 (10.94). It may suggest that Bluerock Residential Growth REIT delayed paying its suppliers.


Bluerock Residential Growth REIT Days Payable Historical Data

The historical data trend for Bluerock Residential Growth 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.

* Premium members only.

Bluerock Residential Growth REIT Days Payable Chart

Bluerock Residential Growth REIT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.54 8.42 7.29 6.71 12.34

Bluerock Residential Growth REIT Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.38 9.64 14.93 13.47 10.94

Competitive Comparison of Bluerock Residential Growth REIT's Days Payable

For the REIT - Residential subindustry, Bluerock Residential Growth 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.


Bluerock Residential Growth REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Bluerock Residential Growth REIT's Days Payable falls into.



Bluerock Residential Growth 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.

Bluerock Residential Growth REIT's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (1.317 + 3.824) / 2 ) / 76.002*365
=2.5705 / 76.002*365
=12.34

Bluerock Residential Growth REIT's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (2.046 + 3.184) / 2 ) / 21.806*365 / 4
=2.615 / 21.806*365 / 4
=10.94

* 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.


Bluerock Residential Growth REIT Days Payable Related Terms

Thank you for viewing the detailed overview of Bluerock Residential Growth REIT's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105
Bluerock Residential Growth REIT Inc is a real estate investment trust (or REIT). The company's objective is to maximize long-term stockholder value by acquiring well-located institutional-quality apartment properties in demographically attractive growth markets across the United States. Its property portfolios include Alexan CityCentre, Alexan Southside, Arium Grandewood, Arium Palmer Ranch, and others.
Executives
Romano Tio director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Michael Difranco officer: Executive VP, Operations 712 FIFTH AVENUE, SUITE 900, NEW YORK NY 10019
Christopher J. Vohs officer: Chief Financial Officer 27777 FRANKLIN RD SUITE 900, SOUTHFIELD MI 48034
Ryan S Macdonald officer: Chief Acquisitions Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10012
Ramin Kamfar director, officer: Chairman and CEO 1345 AVENUE OF THE AMERICAS, 32 FLOOR, NEW YORK NY 10105
Michael L. Konig officer: See Remarks 712 FIFTH AVENUE 9TH FLOOR NEW YORK NY 10019
Jordan B. Ruddy officer: See Remarks 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Babb James G. Iii officer: Chief Investment Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Kamal Jafarnia director 7201 REGENCY COURT, PLANO TX 75024
I. Bobby Majumder director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Elizabeth Scott Harrison director 390 WEST END AVENUE, APARTMENT 3F, NEW YORK NY 10024
Gary Kachadurian director, officer: Chief Investment Officer 620 NEWPORT CENTER DRIVE SUITE 1300 NEWPORT BEACH CA 92660
Bluerock Special Opportunity & Income Fund Ii, Llc 10 percent owner C/O BLUEROCK REAL ESTATE, L.L.C. 70 EAST 55TH STREET, 9TH FLOOR NEW YORK NY 10022
Brian D. Bailey director C/O CARMICHAEL INVESTMENT PARTNERS LLC, 4725 PIEDMONT ROW DRIVE, SUITE 210, CHARLOTTE NC 28210
Randy I Anderson officer: Chief Executive Officer GRIFFIN CAPITAL PLAZA 1520 GRAND AVENUE EL SEGUNDO CA 90245

Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Headlines

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