SRRTF (Slate Grocery REIT) Days Payable : 155.26 (As of Dec. 2024)

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What is Slate Grocery REIT Days Payable?

Slate Grocery REIT's average Accounts Payable for the three months ended in Dec. 2024 was $19.4 Mil. Slate Grocery REIT's Cost of Goods Sold for the three months ended in Dec. 2024 was $11.4 Mil. Hence, Slate Grocery REIT's Days Payable for the three months ended in Dec. 2024 was 155.26.

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

SRRTF' s Days Payable Range Over the Past 10 Years
Min: 65.43 Med: 92.51 Max: 116.6
Current: 90.38

During the past 13 years, Slate Grocery REIT's highest Days Payable was 116.60. The lowest was 65.43. And the median was 92.51.

SRRTF's Days Payable is ranked worse than
58.57% of 560 companies
in the REITs industry
Industry Median: 114.5 vs SRRTF: 90.38

Slate Grocery REIT's Days Payable declined from Dec. 2023 (159.89) to Dec. 2024 (155.26). It may suggest that Slate Grocery REIT accelerated paying its suppliers.

Slate Grocery REIT Days Payable Historical Data

The historical data trend for Slate Grocery 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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Slate Grocery REIT Days Payable Chart

Slate Grocery REIT Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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115.14

111.29

90.69

82.78

85.25

Slate Grocery REIT Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															159.89	38.44	142.78	164.44	155.26

Competitive Comparison of Slate Grocery REIT's Days Payable

For the REIT - Retail subindustry, Slate Grocery 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.

Slate Grocery REIT's Days Payable Distribution in the REITs Industry

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

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

Slate Grocery 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.

Slate Grocery REIT's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (16.714	+	17.732)	/	2 )	/	73.738	*	365
=	17.223					/	73.738	*	365
=	85.25

Slate Grocery REIT's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (21.1	+	17.732)	/	2 )	/	11.411	*	365 / 4
=	19.416					/	11.411	*	365 / 4
=	155.26

Slate Grocery REIT Days Payable Related Terms

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Slate Grocery REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Slate Grocery REIT (OTCPK:SRRTF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SGR.U:Canada SGR.UN:Canada

Address

121 King Street West, Suite 200, Toronto, ON, CAN, M5H 3T9

Website

https://www.slategroceryreit.com

Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties. The company's properties include Bloomingdale Plaza, Errol Plaza, Meres Town Center, Oak Hill Village, Salerno Village Square, and others.