Advance Logistics Investment (TSE:3493) Days Payable : 6.49 (As of Feb. 2024)

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What is Advance Logistics Investment Days Payable?

Advance Logistics Investment's average Accounts Payable for the six months ended in Feb. 2024 was 円49 Mil. Advance Logistics Investment's Cost of Goods Sold for the six months ended in Feb. 2024 was 円1,366 Mil. Hence, Advance Logistics Investment's Days Payable for the six months ended in Feb. 2024 was 6.49.

The historical rank and industry rank for Advance Logistics Investment's Days Payable or its related term are showing as below:

TSE:3493' s Days Payable Range Over the Past 10 Years
Min: 3.14 Med: 4.21 Max: 6.71
Current: 6.51

During the past 5 years, Advance Logistics Investment's highest Days Payable was 6.71. The lowest was 3.14. And the median was 4.21.

TSE:3493's Days Payable is ranked worse than
97.17% of 530 companies
in the REITs industry
Industry Median: 125.385 vs TSE:3493: 6.51

Advance Logistics Investment's Days Payable declined from Jul. 2022 (14.80) to Feb. 2024 (6.49). It may suggest that Advance Logistics Investment accelerated paying its suppliers.

Advance Logistics Investment Days Payable Historical Data

The historical data trend for Advance Logistics Investment'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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Advance Logistics Investment Days Payable Chart

Advance Logistics Investment Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Aug23

Days Payable

6.71

4.28

3.14

4.13

Advance Logistics Investment Semi-Annual Data
	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial					9.16	13.57	14.80	5.87	6.49

Competitive Comparison of Advance Logistics Investment's Days Payable

For the REIT - Industrial subindustry, Advance Logistics Investment'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.

Advance Logistics Investment's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Advance Logistics Investment's Days Payable falls into.

Advance Logistics Investment 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.

Advance Logistics Investment'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: Jul. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (35.378	+	51.815)	/	2 )	/	0	*	365
=	43.5965					/	0	*	365
=	N/A

Advance Logistics Investment's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (51.815	+	45.254)	/	2 )	/	1365.65	*	365 / 2
=	48.5345					/	1365.65	*	365 / 2
=	6.49

Advance Logistics Investment Days Payable Related Terms

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Advance Logistics Investment (TSE:3493) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Logistics Investment Corp (TSE:3493) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-105 Kanda-Jinbocho, 17th Floor, Jinbocho Mitsui Building, Chiyoda Ward, Tokyo, JPN

Website

https://www.adl-reit.com

Advance Logistics Investment Corp is a Japanese real estate investment company. It is engaged in investing in logistics real estate.

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