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Activia Properties (TSE:3279) Days Payable : 45.94 (As of May. 2023)


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What is Activia Properties Days Payable?

Activia Properties's average Accounts Payable for the six months ended in May. 2023 was 円1,560 Mil. Activia Properties's Cost of Goods Sold for the six months ended in May. 2023 was 円6,197 Mil. Hence, Activia Properties's Days Payable for the six months ended in May. 2023 was 45.94.

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

TSE:3279' s Days Payable Range Over the Past 10 Years
Min: 29.88   Med: 33.42   Max: 49.37
Current: 42.33

During the past 11 years, Activia Properties's highest Days Payable was 49.37. The lowest was 29.88. And the median was 33.42.

TSE:3279's Days Payable is ranked worse than
78.6% of 528 companies
in the REITs industry
Industry Median: 128.145 vs TSE:3279: 42.33

Activia Properties's Days Payable increased from May. 2022 (33.11) to May. 2023 (45.94). It may suggest that Activia Properties delayed paying its suppliers.


Activia Properties Days Payable Historical Data

The historical data trend for Activia Properties'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.

Activia Properties Days Payable Chart

Activia Properties Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.30 38.09 37.93 32.79 43.93

Activia Properties Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 35.88 32.99 33.11 45.13 45.94

Competitive Comparison of Activia Properties's Days Payable

For the REIT - Diversified subindustry, Activia Properties'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.


Activia Properties's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Activia Properties's Days Payable falls into.



Activia Properties 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.

Activia Properties's Days Payable for the fiscal year that ended in Nov. 2022 is calculated as

Days Payable (A: Nov. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2021 ) + Accounts Payable (A: Nov. 2022 )) / count ) / Cost of Goods Sold (A: Nov. 2022 )*Days in Period
=( (928.758 + 1828.444) / 2 ) / 11454.549*365
=1378.601 / 11454.549*365
=43.93

Activia Properties's Days Payable for the quarter that ended in May. 2023 is calculated as:

Days Payable (Q: May. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2022 ) + Accounts Payable (Q: May. 2023 )) / count ) / Cost of Goods Sold (Q: May. 2023 )*Days in Period
=( (1828.444 + 1291.25) / 2 ) / 6197.119*365 / 2
=1559.847 / 6197.119*365 / 2
=45.94

* 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.


Activia Properties Days Payable Related Terms

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Activia Properties (TSE:3279) Business Description

Traded in Other Exchanges
N/A
Address
1-16-3 Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
Activia Properties Inc, or API, is a Japanese real estate investment trust principally involved in the ownership of properties in the Greater Tokyo area. Most of these properties are either urban retail units near major train stations, corporate office properties, or other popular areas in Tokyo. API derives the vast majority of its income in the form of rental revenue from its real estate holdings. Its urban retail properties encompass the larger overall share of these holdings. The company's major tenants include the Tokyu Land Corporation, a Japanese railway operator. Tokyu Land Corp is also the controlling shareholder of the firm that works with Activia through an asset management agreement, TLC Activia Investment Management Inc.

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