Mulkia Gulf Real Estate REIT (SAU:4336) Days Payable : 14.77 (As of Dec. 2023)

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What is Mulkia Gulf Real Estate REIT Days Payable?

Mulkia Gulf Real Estate REIT's average Accounts Payable for the six months ended in Dec. 2023 was ﷼2.5 Mil. Mulkia Gulf Real Estate REIT's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼30.5 Mil. Hence, Mulkia Gulf Real Estate REIT's Days Payable for the six months ended in Dec. 2023 was 14.77.

The historical rank and industry rank for Mulkia Gulf Real Estate REIT's Days Payable or its related term are showing as below:

SAU:4336' s Days Payable Range Over the Past 10 Years
Min: 401.06 Med: 940.96 Max: 1291.91
Current: 401.06

During the past 7 years, Mulkia Gulf Real Estate REIT's highest Days Payable was 1291.91. The lowest was 401.06. And the median was 940.96.

SAU:4336's Days Payable is ranked better than
84.91% of 530 companies
in the REITs industry
Industry Median: 122.91 vs SAU:4336: 401.06

Mulkia Gulf Real Estate REIT's Days Payable declined from Dec. 2022 (921.95) to Dec. 2023 (14.77). It may suggest that Mulkia Gulf Real Estate REIT accelerated paying its suppliers.

Mulkia Gulf Real Estate REIT Days Payable Historical Data

The historical data trend for Mulkia Gulf Real Estate 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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Mulkia Gulf Real Estate REIT Days Payable Chart

Mulkia Gulf Real Estate REIT Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,291.91

590.01

Mulkia Gulf Real Estate REIT Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								-	2,124.50	921.95	1,389.89	14.77

Competitive Comparison of Mulkia Gulf Real Estate REIT's Days Payable

For the REIT - Diversified subindustry, Mulkia Gulf Real Estate 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.

Mulkia Gulf Real Estate REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Mulkia Gulf Real Estate REIT's Days Payable falls into.

Mulkia Gulf Real Estate 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.

Mulkia Gulf Real Estate REIT'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
=	( (122.774	+	2.479)	/	2 )	/	38.743	*	365
=	62.6265					/	38.743	*	365
=	590.01

Mulkia Gulf Real Estate REIT's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.461	+	2.479)	/	2 )	/	30.522	*	365 / 2
=	2.47					/	30.522	*	365 / 2
=	14.77

Mulkia Gulf Real Estate REIT Days Payable Related Terms

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Mulkia Gulf Real Estate REIT (SAU:4336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mulkia Gulf Real Estate REIT (SAU:4336) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Mohammed Ibn Abdulaziz Road (Tahlia Street), P.O. Box 52775, Al-Olaya Area, Aknaz Commercial Center (184), Office (3), Riyadh, SAU, 11573

Website

https://www.mulkia.com.sa

Mulkia Gulf Real Estate REIT is a closed-end real estate investment fund company. The company is engaged in acquiring a number of income generating real estates, which are under four specific real estate assets in major cities within Saudi Arabia.

Mulkia Gulf Real Estate REIT (SAU:4336) Headlines

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