Sun Residential REIT (TSXV:SRES) Days Payable: 11.72 (As of Jun. 2025)

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What is Sun Residential REIT Days Payable?

Sun Residential REIT TSXV:SRES Days Payable is 11.72 as of Jun. 2025.

Sun Residential REIT's average Accounts Payable for the three months ended in Jun. 2025 was C$0.08 Mil. Sun Residential REIT's Cost of Goods Sold for the three months ended in Jun. 2025 was C$0.58 Mil. Hence, Sun Residential REIT's Days Payable for the three months ended in Jun. 2025 was 11.72.

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

TSXV:SRES's Days Payable is not ranked ^*
in the REITs industry.
Industry Median: 119.42
* Ranked among companies with meaningful Days Payable only.

Sun Residential REIT's Days Payable increased from Jun. 2024 (0.00) to Jun. 2025 (11.72). It may suggest that Sun Residential REIT delayed paying its suppliers.

Sun Residential REIT Days Payable Related Terms

Sun Residential REIT Days Payable Historical Data

* Premium members only.

The historical data trend for Sun Residential 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.

Sun Residential REIT Days Payable Chart

Sun Residential REIT Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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0.00

Sun Residential REIT Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25
Days Payable	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	11.72

TSXV:SRES vs AVB, EQR, INVH: Days Payable Comparison

For the REIT - Residential subindustry, Sun Residential 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.

Sun Residential REIT Days Payable vs REITs Industry

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

* The bar in red indicates where Sun Residential REIT's Days Payable falls into.

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Sun Residential 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.

Sun Residential REIT's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	3.899	*	365
=	0					/	3.899	*	365
=	0.00

Sun Residential REIT's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

	Days Payable (Q: Jun. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2025 )	+	Accounts Payable (Q: Jun. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2025 )	*	Days in Period
=	( (0	+	0.075)	/	1 )	/	0.584	*	365 / 4
=	0.075					/	0.584	*	365 / 4
=	11.72

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 11.72 mean?

Sun Residential REIT (TSXV:SRES) has a Days Payable of 11.72 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sun Residential REIT and its competitors.

Is Sun Residential REIT's Days Payable too high?

Sun Residential REIT's current Days Payable is 11.72. The REITs industry median Days Payable is 119.42. Sun Residential REIT's value of 11.72 is 90.2% below this industry median.

How does Sun Residential REIT's Days Payable compare to AVB and EQR?

Sun Residential REIT's Days Payable of 11.72 can be compared against companies in the REITs industry. The industry median Days Payable is 119.42. Sun Residential REIT's value of 11.72 is 90.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Payable for a REITs company?

The median Days Payable among REITs companies is 119.42, based on 547 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sun Residential REIT's current Days Payable of 11.72 is 90.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Payable mean?

A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sun Residential REIT and its competitors. For the REITs industry, the median Days Payable is 119.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Residential REIT's current Days Payable is 11.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Sun Residential REIT stock overvalued right now?

Sun Residential REIT (TSXV:SRES) has a current Days Payable of 11.72. The current Days Payable is 11.72 and 90.2% below the REITs industry median of 119.42. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Payable calculated?

Days Payable is calculated from a company's financial statements. For Sun Residential REIT (TSXV:SRES), the current Days Payable is 11.72 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sun Residential REIT Business Description

Industry Real Estate REITs

Comparable Companies AVB EQR INVH ESS MAA SUI UDR AMH ELS CPT MRP TSX:CAR.UN DFM:DUBAIRESI IRT TSE:3269 XPAR:ALTA TSX:BEI.UN TSE:3226 TSE:8986 TSE:3282

Address 130 King Street West, Suite 2300, Exchange Tower, Toronto, ON, CAN, M5X 2A2

Website https://www.sunresreit.ca

Sun Residential REIT focused on acquiring high-quality, multi-family residential real estate assets in the Sunbelt region of the United States, the first of which is a recently acquired controlling interest by Sun in a 288-unit multi-family residential property in Tallahassee, Florida. Through its acquisition program and the veteran expertise of its trustees and officers, Sun is designed to deliver long-term, secure income with additional potential for capital appreciation.