RYPTF (RNY Property Trust) Days Payable: 1,198.75 (As of Jun. 2020)


What is RNY Property Trust Days Payable?

RNY Property Trust RYPTF Days Payable is 1,198.75 as of Jun. 2020.

RNY Property Trust's average Accounts Payable for the six months ended in Jun. 2020 was $0.96 Mil. RNY Property Trust's Cost of Goods Sold for the six months ended in Jun. 2020 was $0.15 Mil. Hence, RNY Property Trust's Days Payable for the six months ended in Jun. 2020 was 1,198.75.

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

RYPTF's Days Payable is not ranked *
in the REITs industry.
Industry Median: 119.835
* Ranked among companies with meaningful Days Payable only.

RNY Property Trust's Days Payable increased from Jun. 2019 (1,007.79) to Jun. 2020 (1,198.75). It may suggest that RNY Property Trust delayed paying its suppliers.


RNY Property Trust Days Payable Historical Data

* Premium members only.

The historical data trend for RNY Property 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.

RNY Property Trust Days Payable Chart

RNY Property Trust Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

RNY Property Trust Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 1,089.02 2,372.50 1,007.79 837.35 1,198.75

RYPTF vs DLR, ARE, BXP: Days Payable Comparison

For the REIT - Office subindustry, RNY Property 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.


RNY Property Trust Days Payable vs REITs Industry

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

* The bar in red indicates where RNY Property Trust's Days Payable falls into.



RNY Property 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.

RNY Property Trust's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0.248*365
=0 / 0.248*365
=0.00

RNY Property Trust's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2019 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (0 + 0.959) / 1 ) / 0.146*365 / 2
=0.959 / 0.146*365 / 2
=1,198.75

* 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 1,198.75 mean?
RNY Property Trust (RYPTF) has a Days Payable of 1,198.75 as of Jun. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on RNY Property Trust and its competitors.
Is RNY Property Trust's Days Payable too high?
RNY Property Trust's current Days Payable is 1,198.75. The REITs industry median Days Payable is 119.84. RNY Property Trust's value of 1,198.75 is 900.3% above this industry median.
How does RNY Property Trust's Days Payable compare to DLR and ARE?
RNY Property Trust's Days Payable of 1,198.75 can be compared against companies in the REITs industry. The industry median Days Payable is 119.84. RNY Property Trust's value of 1,198.75 is 900.3% above 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 119.84, based on 548 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. RNY Property Trust's current Days Payable of 1,198.75 is 900.3% above 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 RNY Property Trust and its competitors. For the REITs industry, the median Days Payable is 119.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RNY Property Trust's current Days Payable is 1,198.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RNY Property Trust stock overvalued right now?
RNY Property Trust (RYPTF) has a current Days Payable of 1,198.75. The current Days Payable is 1,198.75 and 900.3% above the REITs industry median of 119.84. 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 RNY Property Trust (RYPTF), the current Days Payable is 1,198.75 as of Jun. 2020. 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.

RNY Property Trust Business Description

Industry Real EstateREITs
Address 37 Bligh Street, Level 3, Suite 301, Sydney, NSW, AUS, 2000
RNY Property Trust formerly Reckson New York Property Trust is a real estate investment trust with the primary strategy of investing in office properties in the New York Tri State area in the United States. It generates revenue in the form of rental income from investment properties. Its portfolio consists of more than 12 office properties in the New York Tri-State area key submarkets which include Westchester County, Fairfield County, and Northern New Jersey.