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ZRPTIX (RREEF Property Trust) Days Payable : 155.78 (As of Jun. 2020)


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What is RREEF Property Trust Days Payable?

RREEF Property Trust's average Accounts Payable for the three months ended in Jun. 2020 was $3.67 Mil. RREEF Property Trust's Cost of Goods Sold for the three months ended in Jun. 2020 was $2.15 Mil. Hence, RREEF Property Trust's Days Payable for the three months ended in Jun. 2020 was 155.78.

The historical rank and industry rank for RREEF Property Trust's Days Payable or its related term are showing as below:

ZRPTIX's Days Payable is not ranked *
in the REITs industry.
Industry Median: 111.005
* Ranked among companies with meaningful Days Payable only.

RREEF Property Trust's Days Payable increased from Jun. 2019 (134.68) to Jun. 2020 (155.78). It may suggest that RREEF Property Trust delayed paying its suppliers.


RREEF Property Trust Days Payable Historical Data

The historical data trend for RREEF Property Trust'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.

* Premium members only.

RREEF Property Trust Days Payable Chart

RREEF Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial 50.81 95.65 105.46 87.24 118.03

RREEF Property Trust Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 134.68 127.55 120.95 139.87 155.78

Competitive Comparison of RREEF Property Trust's Days Payable

For the REIT - Diversified subindustry, RREEF Property Trust'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.


RREEF Property Trust's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where RREEF Property Trust's Days Payable falls into.


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RREEF Property Trust 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.

RREEF Property Trust's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (2.041 + 2.878) / 2 ) / 7.606*365
=2.4595 / 7.606*365
=118.03

RREEF Property Trust's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2020 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (3.983 + 3.351) / 2 ) / 2.148*365 / 4
=3.667 / 2.148*365 / 4
=155.78

* 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.


RREEF Property Trust Days Payable Related Terms

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RREEF Property Trust Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, 26th Floor, New York, NY, USA, 10022
RREEF Property Trust Inc invests in a diversified portfolio consisting of commercial real estate. Its portfolio includes office, industrial, retail and multifamily properties. The company also acquires a common and preferred stock of REITs and other real estate companies. It operates in three reportable segments namely Real estate properties and Real estate equity securities. The company generates key revenue from the Real estate properties in the form of rental income.

RREEF Property Trust Headlines