Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Days Payable : 0.15 (As of Dec. 2023)

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What is Hedge Officeome Fundo De Investimento Imobiliario Days Payable?

Hedge Officeome Fundo De Investimento Imobiliario's average Accounts Payable for the six months ended in Dec. 2023 was R$0.00 Mil. Hedge Officeome Fundo De Investimento Imobiliario's Cost of Goods Sold for the six months ended in Dec. 2023 was R$9.57 Mil. Hence, Hedge Officeome Fundo De Investimento Imobiliario's Days Payable for the six months ended in Dec. 2023 was 0.08.

The historical rank and industry rank for Hedge Officeome Fundo De Investimento Imobiliario's Days Payable or its related term are showing as below:

BSP:HOFC11' s Days Payable Range Over the Past 10 Years
Min: 0.15 Med: 16.44 Max: 46.87
Current: 13.15

During the past 5 years, Hedge Officeome Fundo De Investimento Imobiliario's highest Days Payable was 46.87. The lowest was 0.15. And the median was 16.44.

BSP:HOFC11's Days Payable is ranked worse than
93.42% of 532 companies
in the REITs industry
Industry Median: 125.11 vs BSP:HOFC11: 13.15

Hedge Officeome Fundo De Investimento Imobiliario's Days Payable declined from Dec. 2021 (46.87) to Dec. 2023 (0.15). It may suggest that Hedge Officeome Fundo De Investimento Imobiliario accelerated paying its suppliers.

Hedge Officeome Fundo De Investimento Imobiliario Days Payable Historical Data

The historical data trend for Hedge Officeome Fundo De Investimento Imobiliario'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.

Hedge Officeome Fundo De Investimento Imobiliario Days Payable Chart

Hedge Officeome Fundo De Investimento Imobiliario Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

46.87

16.44

0.15

Hedge Officeome Fundo De Investimento Imobiliario Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	-	-	46.87	16.44	0.15

Competitive Comparison of Hedge Officeome Fundo De Investimento Imobiliario's Days Payable

For the REIT - Office subindustry, Hedge Officeome Fundo De Investimento Imobiliario'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.

Hedge Officeome Fundo De Investimento Imobiliario's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hedge Officeome Fundo De Investimento Imobiliario's Days Payable distribution charts can be found below:

* The bar in red indicates where Hedge Officeome Fundo De Investimento Imobiliario's Days Payable falls into.

Hedge Officeome Fundo De Investimento Imobiliario 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.

Hedge Officeome Fundo De Investimento Imobiliario'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
=	( (0.004	+	0)	/	1 )	/	9.574	*	365
=	0.004					/	9.574	*	365
=	0.15

Hedge Officeome Fundo De Investimento Imobiliario'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.004	+	0)	/	1 )	/	9.574	*	365 / 2
=	0.004					/	9.574	*	365 / 2
=	0.08

Hedge Officeome Fundo De Investimento Imobiliario Days Payable Related Terms

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Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hedge Office Income Fundo De Investimento Imobiliario (BSP:HOFC11) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Brigadeiro Faria Lima, 3600, 11th Floor, cj 112 - Itaim Bibi, Sao Paulo, SP, BRA, 04538-132

Website

https://www.hedgeinvest.com.br

Hedge Office Income Fundo De Investimento Imobiliario operates as a corporate Real Estate Fund .The objective of the Fund is to obtain income and capital gains to be obtained through the exploration of a or more real estate projects, aimed at the office segment including slabs and corporate buildings being certain that in such office developments there may be certain properties intended for commercial, retail activities.

Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Headlines

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