Heiwa Real Estate REIT (TSE:8966) Days Payable : 52.45 (As of Nov. 2024)

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What is Heiwa Real Estate REIT Days Payable?

Heiwa Real Estate REIT's average Accounts Payable for the six months ended in Nov. 2024 was 円965 Mil. Heiwa Real Estate REIT's Cost of Goods Sold for the six months ended in Nov. 2024 was 円3,357 Mil. Hence, Heiwa Real Estate REIT's Days Payable for the six months ended in Nov. 2024 was 52.45.

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

TSE:8966' s Days Payable Range Over the Past 10 Years
Min: 32.69 Med: 37.18 Max: 51.23
Current: 51.23

During the past 13 years, Heiwa Real Estate REIT's highest Days Payable was 51.23. The lowest was 32.69. And the median was 37.18.

TSE:8966's Days Payable is ranked worse than
69.84% of 557 companies
in the REITs industry
Industry Median: 110.38 vs TSE:8966: 51.23

Heiwa Real Estate REIT's Days Payable increased from Nov. 2023 (47.61) to Nov. 2024 (52.45). It may suggest that Heiwa Real Estate REIT delayed paying its suppliers.

Heiwa Real Estate REIT Days Payable Historical Data

The historical data trend for Heiwa Real Estate 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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Heiwa Real Estate REIT Days Payable Chart

Heiwa Real Estate REIT Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

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41.09

43.88

37.18

36.43

49.98

Heiwa Real Estate REIT Semi-Annual Data
	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Days Payable	Get a 7-Day Free Trial															41.46	47.31	47.61	50.82	52.45

Competitive Comparison of Heiwa Real Estate REIT's Days Payable

For the REIT - Diversified subindustry, Heiwa Real Estate 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.

Heiwa Real Estate REIT's Days Payable Distribution in the REITs Industry

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

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

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Heiwa Real Estate 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.

Heiwa Real Estate REIT's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (0	+	863.221)	/	1 )	/	6304.632	*	365
=	863.221					/	6304.632	*	365
=	49.98

Heiwa Real Estate REIT's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

	Days Payable (Q: Nov. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2024 )	+	Accounts Payable (Q: Nov. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
=	( (961.21	+	968.584)	/	2 )	/	3357.168	*	365 / 2
=	964.897					/	3357.168	*	365 / 2
=	52.45

Heiwa Real Estate REIT Days Payable Related Terms

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Heiwa Real Estate REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Heiwa Real Estate REIT Inc (TSE:8966) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

2-5-1, Atago, Minato-ku, Tokyo, JPN, 105-6237

Website

http://www.heiwa-re.co.jp

Heiwa Real Estate REIT Inc is a real estate company that invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services. The company's assets are managed by Heiwa Real Estate Asset Management Co.

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