Sekisui House Reit (TSE:3309) Days Payable : 15.97 (As of Apr. 2024)

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What is Sekisui House Reit Days Payable?

Sekisui House Reit's average Accounts Payable for the six months ended in Apr. 2024 was 円963 Mil. Sekisui House Reit's Cost of Goods Sold for the six months ended in Apr. 2024 was 円11,008 Mil. Hence, Sekisui House Reit's Days Payable for the six months ended in Apr. 2024 was 15.97.

The historical rank and industry rank for Sekisui House Reit's Days Payable or its related term are showing as below:

TSE:3309' s Days Payable Range Over the Past 10 Years
Min: 16.88 Med: 29.61 Max: 33.16
Current: 19.7

During the past 9 years, Sekisui House Reit's highest Days Payable was 33.16. The lowest was 16.88. And the median was 29.61.

TSE:3309's Days Payable is ranked worse than
88.26% of 562 companies
in the REITs industry
Industry Median: 108.93 vs TSE:3309: 19.70

Sekisui House Reit's Days Payable declined from Apr. 2023 (28.45) to Apr. 2024 (15.97). It may suggest that Sekisui House Reit accelerated paying its suppliers.

Sekisui House Reit Days Payable Historical Data

The historical data trend for Sekisui House 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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Sekisui House Reit Days Payable Chart

Sekisui House Reit Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

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30.17

33.16

32.39

32.81

29.61

Sekisui House Reit Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Days Payable	Get a 7-Day Free Trial														29.53	28.38	28.45	26.83	15.97

Competitive Comparison of Sekisui House Reit's Days Payable

For the REIT - Diversified subindustry, Sekisui House 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.

Sekisui House Reit's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Sekisui House Reit's Days Payable falls into.

Sekisui House 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.

Sekisui House Reit's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (1116.383	+	1015.564)	/	2 )	/	13139.603	*	365
=	1065.9735					/	13139.603	*	365
=	29.61

Sekisui House Reit's Days Payable for the quarter that ended in Apr. 2024 is calculated as:

	Days Payable (Q: Apr. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Apr. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
=	( (1015.564	+	911.33)	/	2 )	/	11008.021	*	365 / 2
=	963.447					/	11008.021	*	365 / 2
=	15.97

Sekisui House Reit Days Payable Related Terms

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Sekisui House Reit Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sekisui House Reit Inc (TSE:3309) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

4-15-1 Akasaka, Minato-ku, Tokyo, JPN, 107-0051

Website

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

Sekisui House Reit Inc is a Japan-based company that operates as a real estate investment trust. The company invests in commercial properties predominantly in office and commercial buildings, hotels, and retail properties located in the Tokyo Metropolitan Areas, Osaka, and Nagoya areas. The asset manager of the company is a subsidiary of Sekisui House, Ltd.

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