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IREIT Global (SGX:8U7U) Days Payable : 120.52 (As of Dec. 2023)


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What is IREIT Global Days Payable?

IREIT Global's average Accounts Payable for the six months ended in Dec. 2023 was €6.77 Mil. IREIT Global's Cost of Goods Sold for the six months ended in Dec. 2023 was €10.25 Mil. Hence, IREIT Global's Days Payable for the six months ended in Dec. 2023 was 120.52.

The historical rank and industry rank for IREIT Global's Days Payable or its related term are showing as below:

SGX:8U7U' s Days Payable Range Over the Past 10 Years
Min: 21.09   Med: 25.67   Max: 2062.99
Current: 98.21

During the past 10 years, IREIT Global's highest Days Payable was 2062.99. The lowest was 21.09. And the median was 25.67.

SGX:8U7U's Days Payable is ranked worse than
58.37% of 526 companies
in the REITs industry
Industry Median: 128.68 vs SGX:8U7U: 98.21

IREIT Global's Days Payable increased from Dec. 2022 (109.79) to Dec. 2023 (120.52). It may suggest that IREIT Global delayed paying its suppliers.


IREIT Global Days Payable Historical Data

The historical data trend for IREIT Global'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.

* Premium members only.

IREIT Global Days Payable Chart

IREIT Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.19 25.39 23.47 21.91 21.25

IREIT Global Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 69.39 131.93 109.79 157.60 120.52

Competitive Comparison of IREIT Global's Days Payable

For the REIT - Office subindustry, IREIT Global'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.


IREIT Global's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where IREIT Global's Days Payable falls into.



IREIT Global 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.

IREIT Global'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
=( (1.059 + 1.047) / 2 ) / 18.09*365
=1.053 / 18.09*365
=21.25

IREIT Global'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
=( (12.487 + 1.047) / 2 ) / 10.247*365 / 2
=6.767 / 10.247*365 / 2
=120.52

* 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.


IREIT Global Days Payable Related Terms

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IREIT Global (SGX:8U7U) Business Description

Traded in Other Exchanges
Address
1 Wallich Street, No. 15-03 Guoco Tower, Singapore, SGP, 078881
IREIT Global is a real estate investment trust. It invests directly or indirectly, in a portfolio of income-producing real estate in Europe, which is used for office purposes, as well as real estate-related assets. The company's properties portfolio comprises 37 properties & German portfolio includes Berlin Campus, Bonn Campus, Darmstadt Campus, Munster Campus, and Concor Park.

IREIT Global (SGX:8U7U) Headlines

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