Netstreit (Netstreit) Days Payable : 82.81 (As of Dec. 2023)

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What is Netstreit Days Payable?

Netstreit's average Accounts Payable for the three months ended in Dec. 2023 was $4.3 Mil. Netstreit's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.8 Mil. Hence, Netstreit's Days Payable for the three months ended in Dec. 2023 was 82.81.

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

NTST' s Days Payable Range Over the Past 10 Years
Min: 31.57 Med: 61.26 Max: 183.91
Current: 72.43

During the past 6 years, Netstreit's highest Days Payable was 183.91. The lowest was 31.57. And the median was 61.26.

NTST's Days Payable is ranked worse than
65.28% of 527 companies
in the REITs industry
Industry Median: 125.84 vs NTST: 72.43

Netstreit's Days Payable increased from Dec. 2022 (26.59) to Dec. 2023 (82.81). It may suggest that Netstreit delayed paying its suppliers.

Netstreit Days Payable Historical Data

The historical data trend for Netstreit'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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Netstreit Days Payable Chart

Netstreit Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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151.05

183.91

48.55

32.23

73.97

Netstreit Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															26.59	44.59	70.07	86.54	82.81

Competitive Comparison of Netstreit's Days Payable

For the REIT - Retail subindustry, Netstreit'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.

Netstreit's Days Payable Distribution in the REITs Industry

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

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

Netstreit 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.

Netstreit'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
=	( (1.394	+	4.691)	/	2 )	/	15.013	*	365
=	3.0425					/	15.013	*	365
=	73.97

Netstreit'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
=	( (3.968	+	4.691)	/	2 )	/	4.771	*	365 / 4
=	4.3295					/	4.771	*	365 / 4
=	82.81

Netstreit Days Payable Related Terms

Thank you for viewing the detailed overview of Netstreit's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Netstreit (Netstreit) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Netstreit Corp (NYSE:NTST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

64N:Germany

Address

2021 McKinney Avenue, Suite 1150, Dallas, TX, USA, 75201

Website

https://www.netstreit.com

Netstreit Corp is structured as an umbrella partnership real estate investment trust. The company acquires, owns and manages commercial single-tenant lease properties, with the majority being long-term triple-net leases where the tenant is generally responsible for all improvements and contractually obligated to pay all operating costs (such as real estate taxes, utilities and repairs and maintenance costs).

Executives

Daniel P Donlan	officer: CFO and Treasurer	2021 MCKINNEY AVENUE, SUITE 1150, DALLAS TX 75201
Mark Manheimer	director, officer: President and CEO	14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Andrew P Blocher	officer: CFO, Treasurer and Secretary	7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Heidi Everett	director	5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Matthew A Troxell	director	TWO SEAPORT LANE, BOSTON MA 02110
Michael Christodolou	director	2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Lori Wittman	director	191 NORTH WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
David Busker	director	5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Murtaza Ali	director	5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Todd Minnis	director	5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Tilden Park Management I Llc	10 percent owner	452 FIFTH AVE., 28TH FLOOR, NEW YORK NY 10018
Long Pond Capital, Lp	10 percent owner	527 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Long Pond Capital Gp, Llc	10 percent owner	527 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
John Khoury	10 percent owner	527 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Robin Mcbride Zeigler	director	44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050