EFRTF (Nexus Industrial REIT) Days Payable : 204.07 (As of Dec. 2024)

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What is Nexus Industrial REIT Days Payable?

Nexus Industrial REIT's average Accounts Payable for the three months ended in Dec. 2024 was $19.7 Mil. Nexus Industrial REIT's Cost of Goods Sold for the three months ended in Dec. 2024 was $8.8 Mil. Hence, Nexus Industrial REIT's Days Payable for the three months ended in Dec. 2024 was 204.07.

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

EFRTF' s Days Payable Range Over the Past 10 Years
Min: 50.31 Med: 73.63 Max: 241.87
Current: 211.17

During the past 12 years, Nexus Industrial REIT's highest Days Payable was 241.87. The lowest was 50.31. And the median was 73.63.

EFRTF's Days Payable is ranked better than
70.81% of 555 companies
in the REITs industry
Industry Median: 109.07 vs EFRTF: 211.17

Nexus Industrial REIT's Days Payable increased from Dec. 2023 (98.69) to Dec. 2024 (204.07). It may suggest that Nexus Industrial REIT delayed paying its suppliers.

Nexus Industrial REIT Days Payable Historical Data

The historical data trend for Nexus Industrial 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.

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Nexus Industrial REIT Days Payable Chart

Nexus Industrial REIT Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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49.64

57.88

83.83

121.15

132.11

Nexus Industrial REIT Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															98.69	203.14	270.89	256.02	204.07

Competitive Comparison of Nexus Industrial REIT's Days Payable

For the REIT - Industrial subindustry, Nexus Industrial 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.

Nexus Industrial REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Nexus Industrial REIT's Days Payable falls into.

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Nexus Industrial 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.

Nexus Industrial REIT's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (13.062	+	12.257)	/	2 )	/	34.977	*	365
=	12.6595					/	34.977	*	365
=	132.11

Nexus Industrial REIT's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (27.045	+	12.257)	/	2 )	/	8.787	*	365 / 4
=	19.651					/	8.787	*	365 / 4
=	204.07

Nexus Industrial REIT Days Payable Related Terms

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Nexus Industrial REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nexus Industrial REIT (OTCPK:EFRTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

J6D:Germany NXR.UN:Canada

Address

105-586 Argus Road, Oakville, ON, CAN, L6J 3J3

Website

https://www.nexusreit.com

Nexus Industrial REIT is a Canada-based growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office, and retail properties. REIT has a single reportable segment.