Citicore Energy REIT (PHS:CREIT) Days Payable : 13.81 (As of Dec. 2024)

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What is Citicore Energy REIT Days Payable?

Citicore Energy REIT's average Accounts Payable for the three months ended in Dec. 2024 was ₱4 Mil. Citicore Energy REIT's Cost of Goods Sold for the three months ended in Dec. 2024 was ₱27 Mil. Hence, Citicore Energy REIT's Days Payable for the three months ended in Dec. 2024 was 13.81.

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

PHS:CREIT' s Days Payable Range Over the Past 10 Years
Min: 0.93 Med: 54.1 Max: 378.07
Current: 10.71

During the past 8 years, Citicore Energy REIT's highest Days Payable was 378.07. The lowest was 0.93. And the median was 54.10.

PHS:CREIT's Days Payable is ranked worse than
93.33% of 555 companies
in the REITs industry
Industry Median: 109.91 vs PHS:CREIT: 10.71

Citicore Energy REIT's Days Payable declined from Dec. 2023 (21.46) to Dec. 2024 (13.81). It may suggest that Citicore Energy REIT accelerated paying its suppliers.

Citicore Energy REIT Days Payable Historical Data

The historical data trend for Citicore Energy 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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Citicore Energy REIT Days Payable Chart

Citicore Energy REIT Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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74.51

124.85

33.68

0.93

2.48

Citicore Energy REIT Quarterly Data
	Dec17	Dec18	Dec19	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															21.46	9.10	11.79	16.46	13.81

Competitive Comparison of Citicore Energy REIT's Days Payable

For the REIT - Specialty subindustry, Citicore Energy 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.

Citicore Energy REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Citicore Energy REIT's Days Payable falls into.

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Citicore Energy 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.

Citicore Energy 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
=	( (0.48	+	0.936)	/	2 )	/	104.306	*	365
=	0.708					/	104.306	*	365
=	2.48

Citicore Energy 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
=	( (7.155	+	0.936)	/	2 )	/	26.74	*	365 / 4
=	4.0455					/	26.74	*	365 / 4
=	13.81

Citicore Energy REIT Days Payable Related Terms

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Citicore Energy REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Citicore Energy REIT Corp (PHS:CREIT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

276 Col. Bonny Serrano Avenue, 11th Floor, Rockwell Santolan Town Plaza, Little Baguio, San Juan, PHL, 1500

Website

https://www.creit.com.ph

Citicore Energy REIT Corp is a real estate investment trust. The company's objective is to own income-generating real estate assets, including renewable energy-generating real estate assets. The Company derives revenues from two segments which are; Sale of solar energy which generates key revenue and includes the generation of electricity from solar power energy through its Clark Solar Power Project, and the Leasing segment which includes the rental operations of the company.

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