Menivim - The New Reit (XTAE:MNRT) Days Payable : 482.54 (As of Dec. 2024)

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What is Menivim - The New Reit Days Payable?

Menivim - The New Reit's average Accounts Payable for the three months ended in Dec. 2024 was ₪22.8 Mil. Menivim - The New Reit's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪4.3 Mil. Hence, Menivim - The New Reit's Days Payable for the three months ended in Dec. 2024 was 482.54.

The historical rank and industry rank for Menivim - The New Reit's Days Payable or its related term are showing as below:

XTAE:MNRT' s Days Payable Range Over the Past 10 Years
Min: 12.97 Med: 24.19 Max: 555.62
Current: 555.62

During the past 10 years, Menivim - The New Reit's highest Days Payable was 555.62. The lowest was 12.97. And the median was 24.19.

XTAE:MNRT's Days Payable is ranked better than
89.73% of 555 companies
in the REITs industry
Industry Median: 109.91 vs XTAE:MNRT: 555.62

Menivim - The New Reit's Days Payable declined from Dec. 2023 (645.98) to Dec. 2024 (482.54). It may suggest that Menivim - The New Reit accelerated paying its suppliers.

Menivim - The New Reit Days Payable Historical Data

The historical data trend for Menivim - The New 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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Menivim - The New Reit Days Payable Chart

Menivim - The New Reit Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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34.26

21.37

24.19

21.91

22.21

Menivim - The New Reit Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															645.98	735.55	980.62	575.95	482.54

Competitive Comparison of Menivim - The New Reit's Days Payable

For the REIT - Diversified subindustry, Menivim - The New 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.

Menivim - The New Reit's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Menivim - The New Reit's Days Payable distribution charts can be found below:

* The bar in red indicates where Menivim - The New Reit's Days Payable falls into.

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Menivim - The New 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.

Menivim - The New 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
=	( (0.951	+	1.369)	/	2 )	/	19.061	*	365
=	1.16					/	19.061	*	365
=	22.21

Menivim - The New Reit's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (44.32	+	1.369)	/	2 )	/	4.32	*	365 / 4
=	22.8445					/	4.32	*	365 / 4
=	482.54

Menivim - The New Reit Days Payable Related Terms

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Menivim - The New Reit Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Menivim - The New Reit Ltd (XTAE:MNRT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Ha'eshel Street, Caesarea, ISR

Website

http://www.menivim-reit.co.il

Menivim - The New Reit Ltd Is a Real Estate Investment Trust. Its properties include Beit Carmelim, Malam house, Logisticare and Centro Compound. Its rental properties are in the areas of offices, logistics and commerce in Israel. It owns and manages income-producing real estate assets.

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