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Lightstone Value Plus REIT I (Lightstone Value Plus REIT I) Days Payable : 145.39 (As of Mar. 2024)


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What is Lightstone Value Plus REIT I Days Payable?

Lightstone Value Plus REIT I's average Accounts Payable for the three months ended in Mar. 2024 was $15.42 Mil. Lightstone Value Plus REIT I's Cost of Goods Sold for the three months ended in Mar. 2024 was $9.68 Mil. Hence, Lightstone Value Plus REIT I's Days Payable for the three months ended in Mar. 2024 was 145.39.

The historical rank and industry rank for Lightstone Value Plus REIT I's Days Payable or its related term are showing as below:

LHTV' s Days Payable Range Over the Past 10 Years
Min: 57.14   Med: 165.08   Max: 841.39
Current: 145.36

During the past 13 years, Lightstone Value Plus REIT I's highest Days Payable was 841.39. The lowest was 57.14. And the median was 165.08.

LHTV's Days Payable is ranked better than
56.02% of 532 companies
in the REITs industry
Industry Median: 125.11 vs LHTV: 145.36

Lightstone Value Plus REIT I's Days Payable declined from Mar. 2023 (188.91) to Mar. 2024 (145.39). It may suggest that Lightstone Value Plus REIT I accelerated paying its suppliers.


Lightstone Value Plus REIT I Days Payable Historical Data

The historical data trend for Lightstone Value Plus REIT I'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.

Lightstone Value Plus REIT I Days Payable Chart

Lightstone Value Plus REIT I Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 236.35 525.50 841.39 626.67 152.68

Lightstone Value Plus REIT I Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 188.91 151.97 160.64 131.80 145.39

Competitive Comparison of Lightstone Value Plus REIT I's Days Payable

For the REIT - Hotel & Motel subindustry, Lightstone Value Plus REIT I'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.


Lightstone Value Plus REIT I's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lightstone Value Plus REIT I's Days Payable distribution charts can be found below:

* The bar in red indicates where Lightstone Value Plus REIT I's Days Payable falls into.



Lightstone Value Plus REIT I 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.

Lightstone Value Plus REIT I'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
=( (18.716 + 15.048) / 2 ) / 40.358*365
=16.882 / 40.358*365
=152.68

Lightstone Value Plus REIT I's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (15.048 + 15.792) / 2 ) / 9.678*365 / 4
=15.42 / 9.678*365 / 4
=145.39

* 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.


Lightstone Value Plus REIT I Days Payable Related Terms

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Lightstone Value Plus REIT I (Lightstone Value Plus REIT I) Business Description

Traded in Other Exchanges
N/A
Address
1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701
Lightstone Value Plus REIT I Inc operates as a real estate investment trust company. Principally, it engages in the business of investing in and owning commercial and residential real estate properties located in the United States. Additionally, its commercial holdings consist of retail primarily multi-tenant shopping centers, lodging, industrial and residential properties comprised of multi-family complexes. The company generates revenue through the provision of rental, tenant, and other services.
Executives
Howard E Friedman director 6201 GREEN MEADOW WAY, BALTIMORE MD 21209
Owen Peyton H Jr officer: President C/O LIGHTSTONE GROUP, 326 THIRD STREET, LAKEWOOD NJ 08701
Donna Brandin officer: CFO and Treasurer C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
George R Whittemore director P.O. BOX 330, MIDLOTHIAN VA 23113
Michael M Schurer officer: CFO, Treasurer C/O THE LIGHTSTONE GROUP, LLC, 326 3RD STREET, LAKEWOOD NJ 08701
Stephen H Hamrick officer: VP, Investor Relations 139 VAN BOLEN WAY, MAHWAH NJ 07430
David Lichtenstein director, officer: CEO, President, Chairmn Bd Dr C/O THE LIGHTSTONE GROUP, LLC, 1985 CEDAR BRIDGE AVENUE, SUITE 1, LAKEWOOD NJ 08701
Edwin J Glickman director
Vinck Bruno De director, officer: COO, Senior VP, Secretary C/O THE LIGHTSTONE GROUP, LLC, 1985 CEDAR BRIDGE AVENUE, SUITE 1, LAKEWOOD NJ 08701
Shawn R Tominus director C/O METRO MANAGEMENT, P.O. BOX 425, OLD BRIDGE NJ 08857
Joseph E Teichman officer: General Counsel C/O LIGHTSTONE VALUE PLUS REIT, INC., 326 THIRD STREET, LAKEWOOD NJ 08701

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