UNITE Group (UNITE Group) Days Payable : 546.17 (As of Dec. 2023)

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What is UNITE Group Days Payable?

UNITE Group's average Accounts Payable for the six months ended in Dec. 2023 was $159.5 Mil. UNITE Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $53.3 Mil. Hence, UNITE Group's Days Payable for the six months ended in Dec. 2023 was 546.17.

The historical rank and industry rank for UNITE Group's Days Payable or its related term are showing as below:

UTGPF' s Days Payable Range Over the Past 10 Years
Min: 72.9 Med: 198.72 Max: 461.16
Current: 461.16

During the past 13 years, UNITE Group's highest Days Payable was 461.16. The lowest was 72.90. And the median was 198.72.

UTGPF's Days Payable is ranked better than
86.62% of 523 companies
in the REITs industry
Industry Median: 126.29 vs UTGPF: 461.16

UNITE Group's Days Payable declined from Dec. 2022 (585.80) to Dec. 2023 (546.17). It may suggest that UNITE Group accelerated paying its suppliers.

UNITE Group Days Payable Historical Data

The historical data trend for UNITE Group'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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UNITE Group Days Payable Chart

UNITE Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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318.26

149.16

176.67

212.16

203.75

UNITE Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															538.98	620.01	585.80	634.11	546.17

Competitive Comparison of UNITE Group's Days Payable

For the REIT - Diversified subindustry, UNITE Group'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.

UNITE Group's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where UNITE Group's Days Payable falls into.

UNITE Group 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.

UNITE Group'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
=	( (47.016	+	61.519)	/	2 )	/	97.215	*	365
=	54.2675					/	97.215	*	365
=	203.75

UNITE Group'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (257.449	+	61.519)	/	2 )	/	53.291	*	365 / 2
=	159.484					/	53.291	*	365 / 2
=	546.17

UNITE Group Days Payable Related Terms

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UNITE Group (UNITE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UNITE Group PLC (OTCPK:UTGPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UTGl:UK UTG:UK

Address

South Quay House, Temple Back, Bristol, GBR, BS1 6FL

Website

https://www.unite-group.co.uk

UNITE Group PLC develops and operates student housing. It has nearly 150 properties in the United Kingdom that can accommodate almost 50,000 students. Nearly 20% of its rental capacity is in London. The company rents rooms both directly to students and through partnerships with more than 50 universities. Properties often have communal kitchens and other common rooms. Rental income typically provides a portion of the company's revenue. The company also generates revenue from management and development fees and from property sales.