Sankei Real Estate (TSE:2972) Days Payable : 46.41 (As of Aug. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Sankei Real Estate Days Payable?

Sankei Real Estate's average Accounts Payable for the six months ended in Aug. 2023 was 円282 Mil. Sankei Real Estate's Cost of Goods Sold for the six months ended in Aug. 2023 was 円1,111 Mil. Hence, Sankei Real Estate's Days Payable for the six months ended in Aug. 2023 was 46.41.

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

TSE:2972' s Days Payable Range Over the Past 10 Years
Min: 34.48 Med: 45.74 Max: 76.16
Current: 43.76

During the past 5 years, Sankei Real Estate's highest Days Payable was 76.16. The lowest was 34.48. And the median was 45.74.

TSE:2972's Days Payable is ranked worse than
78.33% of 526 companies
in the REITs industry
Industry Median: 128.68 vs TSE:2972: 43.76

Sankei Real Estate's Days Payable increased from Aug. 2022 (31.50) to Aug. 2023 (46.41). It may suggest that Sankei Real Estate delayed paying its suppliers.

Sankei Real Estate Days Payable Historical Data

The historical data trend for Sankei Real Estate'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.

Sankei Real Estate Days Payable Chart

Sankei Real Estate Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

76.16

49.60

41.88

34.48

Sankei Real Estate Semi-Annual Data
	Apr19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial					33.04	31.50	40.35	46.41	34.83

Competitive Comparison of Sankei Real Estate's Days Payable

For the REIT - Office subindustry, Sankei Real Estate'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.

Sankei Real Estate's Days Payable Distribution in the REITs Industry

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

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

Sankei Real Estate 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.

Sankei Real Estate's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (244.965	+	217.79)	/	2 )	/	2449.563	*	365
=	231.3775					/	2449.563	*	365
=	34.48

Sankei Real Estate's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (347.103	+	217.79)	/	2 )	/	1110.607	*	365 / 2
=	282.4465					/	1110.607	*	365 / 2
=	46.41

Sankei Real Estate Days Payable Related Terms

Thank you for viewing the detailed overview of Sankei Real Estate's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sankei Real Estate (TSE:2972) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sankei Real Estate Inc (TSE:2972) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.s-reit.co.jp

Sankei Real Estate Inc is a Japanese based J-REIT. The company is engaged in the leasing of real estate properties, and owns office buildings.

Sankei Real Estate (TSE:2972) Headlines

No Headlines