Reven Housing REIT (Reven Housing REIT) Days Payable : 7.42 (As of Jun. 2019)

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What is Reven Housing REIT Days Payable?

Reven Housing REIT's average Accounts Payable for the three months ended in Jun. 2019 was $0.11 Mil. Reven Housing REIT's Cost of Goods Sold for the three months ended in Jun. 2019 was $1.38 Mil. Hence, Reven Housing REIT's Days Payable for the three months ended in Jun. 2019 was 7.42.

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

RVEN's Days Payable is not ranked ^*
in the REITs industry.
Industry Median: 128.68
* Ranked among companies with meaningful Days Payable only.

Reven Housing REIT's Days Payable increased from Jun. 2018 (3.77) to Jun. 2019 (7.42). It may suggest that Reven Housing REIT delayed paying its suppliers.

Reven Housing REIT Days Payable Historical Data

The historical data trend for Reven Housing 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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Reven Housing REIT Days Payable Chart

Reven Housing REIT Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

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16.84

26.51

40.63

21.05

10.43

Reven Housing REIT Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Days Payable	Get a 7-Day Free Trial															3.77	2.77	5.22	2.95	7.42

Competitive Comparison of Reven Housing REIT's Days Payable

For the REIT - Residential subindustry, Reven Housing 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.

Reven Housing REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Reven Housing REIT's Days Payable falls into.

Reven Housing 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.

Reven Housing REIT's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0.162	+	0.077)	/	2 )	/	4.181	*	365
=	0.1195					/	4.181	*	365
=	10.43

Reven Housing REIT's Days Payable for the quarter that ended in Jun. 2019 is calculated as:

	Days Payable (Q: Jun. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2019 )	+	Accounts Payable (Q: Jun. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
=	( (0.011	+	0.213)	/	2 )	/	1.378	*	365 / 4
=	0.112					/	1.378	*	365 / 4
=	7.42

Reven Housing REIT Days Payable Related Terms

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Reven Housing REIT (Reven Housing REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Reven Housing REIT Inc (NAS:RVEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

875 Prospect Street, Suite 304, La Jolla, CA, USA, 92037

Website

http://www.revenhousingreit.com

Reven Housing REIT Inc is a US-based company which engaged in the acquisition, ownership, and operation of portfolios of leased single-family homes (SFRs) in the United States. It operates its portfolio properties as single-family rentals generate revenues from rental income from the existing tenants of the SFRs acquired. The company owns nearly 600 single-family homes in the Houston, Jacksonville, Memphis and Atlanta metropolitan areas. Reven operates through the single segment of business being Operation of leased single-family homes. It earns the majority of its revenue from the United States.

Reven Housing REIT (Reven Housing REIT) Headlines

From GuruFocus

Reven Housing REIT, Inc. Declares Second Quarter 2019 Dividend

By PRNewswire PRNewswire • 04-17-2019

KBS Strategic Opportunity REIT, Inc. to Acquire Reven Housing REIT, Inc. for $56.85 Million in Equity Value

By PRNewswire PRNewswire • 08-31-2019

Reven Housing REIT, Inc. Announces Offering of 6.0% Series A Cumulative Convertible Redeemable Preferred Stock

By PRNewswire PRNewswire • 10-23-2019