Four Corners Property Trust (Four Corners Property Trust) Days Payable

: 8.72 (As of Dec. 2023)

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Four Corners Property Trust's average Accounts Payable for the three months ended in Dec. 2023 was $0.9 Mil. Four Corners Property Trust's Cost of Goods Sold for the three months ended in Dec. 2023 was $9.8 Mil. Hence, Four Corners Property Trust's Days Payable for the three months ended in Dec. 2023 was 8.72.

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

FCPT' s Days Payable Range Over the Past 10 Years
Min: 5.71 Med: 12.84 Max: 19.15
Current: 6.36

During the past 12 years, Four Corners Property Trust's highest Days Payable was 19.15. The lowest was 5.71. And the median was 12.84.

FCPT's Days Payable is ranked worse than
97.34% of 527 companies
in the REITs industry
Industry Median: 122.38 vs FCPT: 6.36

Four Corners Property Trust's Days Payable increased from Dec. 2022 (5.31) to Dec. 2023 (8.72). It may suggest that Four Corners Property Trust delayed paying its suppliers.

Four Corners Property Trust Days Payable Historical Data

The historical data trend for Four Corners 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.

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Four Corners Property Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

15.36

10.95

5.71

6.71

9.20

Four Corners Property Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																5.31	4.84	4.04	5.12	8.72

Competitive Comparison

For the REIT - Retail subindustry, Four Corners 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.

Four Corners Property Trust Days Payable Distribution

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

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

Four Corners 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.

Four Corners Property Trust'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
=	( (0.766	+	1.263)	/	2 )	/	40.257	*	365
=	1.0145					/	40.257	*	365
=	9.20

Four Corners Property Trust'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.608	+	1.263)	/	2 )	/	9.794	*	365 / 4
=	0.9355					/	9.794	*	365 / 4
=	8.72

Four Corners Property Trust Days Payable Related Terms

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Four Corners Property Trust (Four Corners Property Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Four Corners Property Trust Inc (NYSE:FCPT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4Z1:Germany

Address

591 Redwood Highway, Suite 3215, Mill Valley, CA, USA, 94941

Website

https://www.fcpt.com

Four Corners Property Trust Inc is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. The firm operates through two segments namely, real estate operations and restaurant operations. The real estate operations segment consists of rental revenues primarily generated by leasing restaurant and retail properties to tenants. The restaurant operations segment is conducted through a taxable REIT subsidiary (TRS) and consists of Kerrow Restaurant Operating Business. The firm generates most of the revenue from the real estate operations segment.

Executives

Douglas B Hansen	director	ONE BELEVEDERE PLACE, SUITE 300, BELVEDERE CA 94941
William H Lenehan	director, officer: President and CEO	2784 UNION STREET APT 1, SAN FRANCISCO CA 94123
John S Moody	director	MARSH MCLENNAN REALTY ADVISORS, 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jesuele Barbara Angelica Faylona	director	15308 DE PAUW STREET, PACIFIC PALISADES CA 90272
Niccole Stewart	officer: Chief Accounting Officer	591 REDWOOD HIGHWAY, SUITE 1150, MILL VALLEY CA 94941
Elizabeth Tennican	director	119 30TH AVE, SAN FRANCISCO CA 94121
Toni S Steele	director	6147 SAN VICENTE BOULEVARD, LOS ANGELES CA 90048
Gerald R Morgan	officer: Chief Financial Officer	591 REDWOOD HIGHWAY, SUITE 1150, MILL VALLEY CA 94941
James L Brat	officer: General Counsel	591 REDWOOD HIGHAWY, SUITE 1150, MILL VALLEY CA 94941
Eric Hirschhorn	director	12701 WHITEWATER DRIVE, SUITE 200, MINNETONKA MN 55343
Charles Jemley	director	C/O FOUR CORNERS PROPERTY TRUST, INC., 591 REDWOOD HIGHWAY, SUITE 1150, MILL VALLEY CA 94941
Paul E. Szurek	director	C/O CORESITE REALTY CORPORATION, 1001 17TH STREET, SUITE 500, DENVER CO 80202
Marran H. Ogilvie	director	599 LEXINGTON AVENUE, NEW YORK NY 10022
Darden Restaurants Inc	10 percent owner	1000 DARDEN CENTER DRIVE, ORLANDO FL 32837