GLLOF (Galileo Japan Trust) Days Payable: 31.53 (As of Jun. 2016)


What is Galileo Japan Trust Days Payable?

Galileo Japan Trust GLLOF Days Payable is 31.53 as of Jun. 2016.

Galileo Japan Trust's average Accounts Payable for the six months ended in Jun. 2016 was $0.10 Mil. Galileo Japan Trust's Cost of Goods Sold for the six months ended in Jun. 2016 was $0.60 Mil. Hence, Galileo Japan Trust's Days Payable for the six months ended in Jun. 2016 was 31.53.

The historical rank and industry rank for Galileo Japan Trust's Days Payable or its related term are showing as below:

GLLOF's Days Payable is not ranked *
in the REITs industry.
Industry Median: 119.76
* Ranked among companies with meaningful Days Payable only.

Galileo Japan Trust's Days Payable declined from Jun. 2015 (50.58) to Jun. 2016 (31.53). It may suggest that Galileo Japan Trust accelerated paying its suppliers.

Galileo Japan Trust Days Payable Historical Data

* Premium members only.

The historical data trend for Galileo Japan Trust'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.

Galileo Japan Trust Days Payable Chart

Galileo Japan Trust Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.46 137.30 1,708.78 17.75 31.38

Galileo Japan Trust Semi-Annual Data
Jun06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 54.96 65.82 50.58 24.70 31.53

GLLOF vs CLPR: Days Payable Comparison

For the REIT - Diversified subindustry, Galileo Japan Trust'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.

Galileo Japan Trust Days Payable vs REITs Industry

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

* The bar in red indicates where Galileo Japan Trust's Days Payable falls into.


Galileo Japan Trust 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.

Galileo Japan Trust's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

Days Payable (A: Jun. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2015 ) + Accounts Payable (A: Jun. 2016 )) / count ) / Cost of Goods Sold (A: Jun. 2016 )*Days in Period
=( (0.045 + 0.135) / 2 ) / 1.047*365
=0.09 / 1.047*365
=31.38

Galileo Japan Trust's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable (Q: Jun. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2015 ) + Accounts Payable (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (0.073 + 0.135) / 2 ) / 0.602*365 / 2
=0.104 / 0.602*365 / 2
=31.53

* 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 31.53 mean?
Galileo Japan Trust (GLLOF) has a Days Payable of 31.53 as of Jun. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Galileo Japan Trust and its competitors.
Is Galileo Japan Trust's Days Payable too high?
Galileo Japan Trust's current Days Payable is 31.53. The REITs industry median Days Payable is 119.76. Galileo Japan Trust's value of 31.53 is 73.7% below this industry median.
How does Galileo Japan Trust's Days Payable compare to CLPR?
Galileo Japan Trust's Days Payable of 31.53 can be compared against companies in the REITs industry. The industry median Days Payable is 119.76. Galileo Japan Trust's value of 31.53 is 73.7% below 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 119.76, based on 549 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. Galileo Japan Trust's current Days Payable of 31.53 is 73.7% below 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 Galileo Japan Trust and its competitors. For the REITs industry, the median Days Payable is 119.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galileo Japan Trust's current Days Payable is 31.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galileo Japan Trust stock overvalued right now?
Galileo Japan Trust (GLLOF) has a current Days Payable of 31.53. The current Days Payable is 31.53 and 73.7% below the REITs industry median of 119.76. 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 Galileo Japan Trust (GLLOF), the current Days Payable is 31.53 as of Jun. 2016. 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.

Galileo Japan Trust Business Description

Industry Real EstateREITs
Address Level 9, 1 Alfred Street, Sydney, NSW, AUS, 2000
Galileo Japan Trust is a property trust which indirectly invests in a diverse portfolio of real estate assets in Japan. Galileo Japan Funds Management Limited is the responsible entity of the Trust.