Link Real Estate Investment Trust (HKSE:00823) Days Payable : 11.86 (As of Sep. 2023)

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What is Link Real Estate Investment Trust Days Payable?

Link Real Estate Investment Trust's average Accounts Payable for the six months ended in Sep. 2023 was HK$108 Mil. Link Real Estate Investment Trust's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$1,662 Mil. Hence, Link Real Estate Investment Trust's Days Payable for the six months ended in Sep. 2023 was 11.86.

The historical rank and industry rank for Link Real Estate Investment Trust's Days Payable or its related term are showing as below:

HKSE:00823' s Days Payable Range Over the Past 10 Years
Min: 4 Med: 17.22 Max: 71.74
Current: 11.07

During the past 13 years, Link Real Estate Investment Trust's highest Days Payable was 71.74. The lowest was 4.00. And the median was 17.22.

HKSE:00823's Days Payable is ranked worse than
94.85% of 524 companies
in the REITs industry
Industry Median: 126.16 vs HKSE:00823: 11.07

Link Real Estate Investment Trust's Days Payable increased from Sep. 2022 (11.48) to Sep. 2023 (11.86). It may suggest that Link Real Estate Investment Trust delayed paying its suppliers.

Link Real Estate Investment Trust Days Payable Historical Data

The historical data trend for Link Real Estate Investment 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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Link Real Estate Investment Trust Days Payable Chart

Link Real Estate Investment Trust Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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27.13

71.74

61.76

10.46

13.53

Link Real Estate Investment Trust Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															7.76	10.40	11.48	11.54	11.86

Competitive Comparison of Link Real Estate Investment Trust's Days Payable

For the REIT - Retail subindustry, Link Real Estate Investment 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.

Link Real Estate Investment Trust's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Link Real Estate Investment Trust's Days Payable falls into.

Link Real Estate Investment 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.

Link Real Estate Investment Trust's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (104	+	121)	/	2 )	/	3036	*	365
=	112.5					/	3036	*	365
=	13.53

Link Real Estate Investment Trust's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (121	+	95)	/	2 )	/	1662	*	365 / 2
=	108					/	1662	*	365 / 2
=	11.86

Link Real Estate Investment Trust Days Payable Related Terms

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Link Real Estate Investment Trust (HKSE:00823) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Link Real Estate Investment Trust (HKSE:00823) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LKREF:USA L5R:Germany

Address

77 Hoi Bun Road, 20th Floor, Tower 1, The Quayside, Kowloon, Kwun Tong, Hong Kong, HKG

Website

https://www.linkreit.com

Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and about 60,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions and has since acquired retail and office properties in China, as well as an office development project in Hong Kong. More recently, Link expanded its footprint to Sydney, Melbourne, London, and Singapore.

Link Real Estate Investment Trust (HKSE:00823) Headlines

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