IGB Commercial REIT (XKLS:5299) Days Payable : 290.94 (As of Mar. 2024)

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What is IGB Commercial REIT Days Payable?

IGB Commercial REIT's average Accounts Payable for the three months ended in Mar. 2024 was RM69.6 Mil. IGB Commercial REIT's Cost of Goods Sold for the three months ended in Mar. 2024 was RM21.8 Mil. Hence, IGB Commercial REIT's Days Payable for the three months ended in Mar. 2024 was 290.94.

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

XKLS:5299' s Days Payable Range Over the Past 10 Years
Min: 67.12 Med: 71.77 Max: 524.86
Current: 524.86

During the past 6 years, IGB Commercial REIT's highest Days Payable was 524.86. The lowest was 67.12. And the median was 71.77.

XKLS:5299's Days Payable is ranked better than
89.43% of 530 companies
in the REITs industry
Industry Median: 125.385 vs XKLS:5299: 524.86

IGB Commercial REIT's Days Payable increased from Mar. 2023 (248.55) to Mar. 2024 (290.94). It may suggest that IGB Commercial REIT delayed paying its suppliers.

IGB Commercial REIT Days Payable Historical Data

The historical data trend for IGB Commercial 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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IGB Commercial REIT Days Payable Chart

IGB Commercial REIT Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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67.12

76.41

IGB Commercial REIT Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										248.55	505.14	778.78	567.27	290.94

Competitive Comparison of IGB Commercial REIT's Days Payable

For the REIT - Office subindustry, IGB Commercial 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.

IGB Commercial REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where IGB Commercial REIT's Days Payable falls into.

IGB Commercial 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.

IGB Commercial 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
=	( (10.697	+	11.6)	/	2 )	/	53.254	*	365
=	11.1485					/	53.254	*	365
=	76.41

IGB Commercial REIT's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (11.6	+	127.638)	/	2 )	/	21.835	*	365 / 4
=	69.619					/	21.835	*	365 / 4
=	290.94

IGB Commercial REIT Days Payable Related Terms

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IGB Commercial REIT (XKLS:5299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » IGB Commercial REIT (XKLS:5299) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200

Website

http://www.igbcomreit.com

IGB Commercial REIT is established with the investment strategy of principally investing, directly and indirectly, in commercial assets and real estate-related assets in Malaysia and overseas. The company's initial portfolio consists of several commercial buildings strategically located in the Klang Valley.

IGB Commercial REIT (XKLS:5299) Headlines

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