Plaza Retail REIT (TSX:PLZ.UN) Days Payable : 127.18 (As of Dec. 2023)

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What is Plaza Retail REIT Days Payable?

Plaza Retail REIT's average Accounts Payable for the three months ended in Dec. 2023 was C$16.1 Mil. Plaza Retail REIT's Cost of Goods Sold for the three months ended in Dec. 2023 was C$11.5 Mil. Hence, Plaza Retail REIT's Days Payable for the three months ended in Dec. 2023 was 127.18.

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

TSX:PLZ.UN' s Days Payable Range Over the Past 10 Years
Min: 70.91 Med: 84.84 Max: 128.95
Current: 122.04

During the past 13 years, Plaza Retail REIT's highest Days Payable was 128.95. The lowest was 70.91. And the median was 84.84.

TSX:PLZ.UN's Days Payable is ranked worse than
51.34% of 524 companies
in the REITs industry
Industry Median: 126.165 vs TSX:PLZ.UN: 122.04

Plaza Retail REIT's Days Payable increased from Dec. 2022 (112.11) to Dec. 2023 (127.18). It may suggest that Plaza Retail REIT delayed paying its suppliers.

Plaza Retail REIT Days Payable Historical Data

The historical data trend for Plaza Retail 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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Plaza Retail REIT Days Payable Chart

Plaza Retail REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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82.36

80.18

87.32

113.40

128.95

Plaza Retail REIT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															112.11	109.65	114.94	130.68	127.18

Competitive Comparison of Plaza Retail REIT's Days Payable

For the REIT - Retail subindustry, Plaza Retail 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.

Plaza Retail REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Plaza Retail REIT's Days Payable falls into.

Plaza Retail 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.

Plaza Retail REIT's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (13.687	+	17.198)	/	2 )	/	43.71	*	365
=	15.4425					/	43.71	*	365
=	128.95

Plaza Retail REIT's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (14.931	+	17.198)	/	2 )	/	11.526	*	365 / 4
=	16.0645					/	11.526	*	365 / 4
=	127.18

Plaza Retail REIT Days Payable Related Terms

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

Plaza Retail REIT (TSX:PLZ.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Plaza Retail REIT (TSX:PLZ.UN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PAZRF:USA

Address

98 Main Street, Fredericton, NB, CAN, E3A 9N6

Website

https://www.plaza.ca

Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.

Plaza Retail REIT (TSX:PLZ.UN) Headlines

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