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MKZR (Mackenzie Realty Capital) Days Payable : 171.55 (As of Dec. 2024)


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What is Mackenzie Realty Capital Days Payable?

Mackenzie Realty Capital's average Accounts Payable for the three months ended in Dec. 2024 was $4.83 Mil. Mackenzie Realty Capital's Cost of Goods Sold for the three months ended in Dec. 2024 was $2.57 Mil. Hence, Mackenzie Realty Capital's Days Payable for the three months ended in Dec. 2024 was 171.55.

The historical rank and industry rank for Mackenzie Realty Capital's Days Payable or its related term are showing as below:

MKZR' s Days Payable Range Over the Past 10 Years
Min: 15.71   Med: 68.49   Max: 105.81
Current: 105.81

During the past 6 years, Mackenzie Realty Capital's highest Days Payable was 105.81. The lowest was 15.71. And the median was 68.49.

MKZR's Days Payable is ranked worse than
51.52% of 559 companies
in the REITs industry
Industry Median: 111.76 vs MKZR: 105.81

Mackenzie Realty Capital's Days Payable increased from Dec. 2023 (58.55) to Dec. 2024 (171.55). It may suggest that Mackenzie Realty Capital delayed paying its suppliers.


Mackenzie Realty Capital Days Payable Historical Data

The historical data trend for Mackenzie Realty Capital'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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Mackenzie Realty Capital Days Payable Chart

Mackenzie Realty Capital Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial 15.71 - 79.26 65.61 71.37

Mackenzie Realty Capital 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 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 58.55 56.40 78.41 111.80 171.55

Competitive Comparison of Mackenzie Realty Capital's Days Payable

For the REIT - Diversified subindustry, Mackenzie Realty Capital'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.


Mackenzie Realty Capital's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mackenzie Realty Capital's Days Payable distribution charts can be found below:

* The bar in red indicates where Mackenzie Realty Capital's Days Payable falls into.


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Mackenzie Realty Capital 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.

Mackenzie Realty Capital's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (1.387 + 2.425) / 2 ) / 9.748*365
=1.906 / 9.748*365
=71.37

Mackenzie Realty Capital'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
=( (4.255 + 5.408) / 2 ) / 2.57*365 / 4
=4.8315 / 2.57*365 / 4
=171.55

* 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.


Mackenzie Realty Capital Days Payable Related Terms

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Mackenzie Realty Capital Business Description

Traded in Other Exchanges
N/A
Address
89 Davis Road, Suite 100, Orinda, CA, USA, 94563
Mackenzie Realty Capital Inc is a company which is a Real estate investment trust (REIT). The company has one reportable segment, income-producing real estate properties which consists of activities related to investing in real estate.