Advance Residence Investment (TSE:3269) Days Payable : 13.29 (As of Jan. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Advance Residence Investment Days Payable?

Advance Residence Investment's average Accounts Payable for the six months ended in Jan. 2023 was 円510 Mil. Advance Residence Investment's Cost of Goods Sold for the six months ended in Jan. 2023 was 円7,007 Mil. Hence, Advance Residence Investment's Days Payable for the six months ended in Jan. 2023 was 13.29.

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

TSE:3269' s Days Payable Range Over the Past 10 Years
Min: 6.77 Med: 9.55 Max: 28.1
Current: 22.56

During the past 11 years, Advance Residence Investment's highest Days Payable was 28.10. The lowest was 6.77. And the median was 9.55.

TSE:3269's Days Payable is ranked worse than
88.93% of 524 companies
in the REITs industry
Industry Median: 126.165 vs TSE:3269: 22.56

Advance Residence Investment's Days Payable increased from Jan. 2022 (13.15) to Jan. 2023 (13.29). It may suggest that Advance Residence Investment delayed paying its suppliers.

Advance Residence Investment Days Payable Historical Data

The historical data trend for Advance Residence Investment'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.

Advance Residence Investment Days Payable Chart

Advance Residence Investment Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Days Payable

Get a 7-Day Free Trial

9.51

9.27

9.58

8.71

11.81

Advance Residence Investment Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Days Payable	Get a 7-Day Free Trial															13.68	13.15	11.93	13.29	12.43

Competitive Comparison of Advance Residence Investment's Days Payable

For the REIT - Residential subindustry, Advance Residence Investment'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.

Advance Residence Investment's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Advance Residence Investment's Days Payable falls into.

Advance Residence Investment 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.

Advance Residence Investment's Days Payable for the fiscal year that ended in Jul. 2021 is calculated as

	Days Payable (A: Jul. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2020 )	+	Accounts Payable (A: Jul. 2021 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2021 )	*	Days in Period
=	( (325.991	+	542.856)	/	2 )	/	13421.266	*	365
=	434.4235					/	13421.266	*	365
=	11.81

Advance Residence Investment's Days Payable for the quarter that ended in Jan. 2023 is calculated as:

	Days Payable (Q: Jan. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2022 )	+	Accounts Payable (Q: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2023 )	*	Days in Period
=	( (489.327	+	531.055)	/	2 )	/	7007.288	*	365 / 2
=	510.191					/	7007.288	*	365 / 2
=	13.29

Advance Residence Investment Days Payable Related Terms

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

Advance Residence Investment (TSE:3269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Residence Investment Corp (TSE:3269) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054

Website

http://www.adr-reit.com

Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

Advance Residence Investment (TSE:3269) Headlines

No Headlines