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Paragon REIT (SGX:SK6U) Days Payable : 114.29 (As of Dec. 2023)


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What is Paragon REIT Days Payable?

Paragon REIT's average Accounts Payable for the six months ended in Dec. 2023 was S$30.8 Mil. Paragon REIT's Cost of Goods Sold for the six months ended in Dec. 2023 was S$49.2 Mil. Hence, Paragon REIT's Days Payable for the six months ended in Dec. 2023 was 114.29.

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

SGX:SK6U' s Days Payable Range Over the Past 10 Years
Min: 0.96   Med: 2.94   Max: 114.32
Current: 114.32

During the past 10 years, Paragon REIT's highest Days Payable was 114.32. The lowest was 0.96. And the median was 2.94.

SGX:SK6U's Days Payable is ranked worse than
53.35% of 523 companies
in the REITs industry
Industry Median: 126.29 vs SGX:SK6U: 114.32

Paragon REIT's Days Payable declined from Dec. 2022 (203.86) to Dec. 2023 (114.29). It may suggest that Paragon REIT accelerated paying its suppliers.


Paragon REIT Days Payable Historical Data

The historical data trend for Paragon 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.

* Premium members only.

Paragon REIT Days Payable Chart

Paragon REIT Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.53 12.73 8.53 3.76 3.83

Paragon REIT Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 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 Premium Member Only 128.46 103.44 203.86 224.87 114.29

Competitive Comparison of Paragon REIT's Days Payable

For the REIT - Retail subindustry, Paragon 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.


Paragon REIT's Days Payable Distribution in the REITs Industry

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

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



Paragon 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.

Paragon 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
=( (0 + 1.033) / 1 ) / 98.433*365
=1.033 / 98.433*365
=3.83

Paragon 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
=( (60.627 + 1.033) / 2 ) / 49.229*365 / 2
=30.83 / 49.229*365 / 2
=114.29

* 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.


Paragon REIT Days Payable Related Terms

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Paragon REIT (SGX:SK6U) Business Description

Traded in Other Exchanges
N/A
Address
79 Robinson Road, CapitaSky, Bridge+, Singapore, SGP, 068897
Paragon REIT is a real estate investment trust which focuses on retail properties in Singapore and other Asia Pacific regions. The trust primarily comprises upscale retail malls and shopping centres.

Paragon REIT (SGX:SK6U) Headlines

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