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Office Propertiesome Trust (FRA:GOKA) Days Payable : 724.29 (As of Mar. 2024)


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What is Office Propertiesome Trust Days Payable?

Office Propertiesome Trust's average Accounts Payable for the three months ended in Mar. 2024 was €114.7 Mil. Office Propertiesome Trust's Cost of Goods Sold for the three months ended in Mar. 2024 was €14.5 Mil. Hence, Office Propertiesome Trust's Days Payable for the three months ended in Mar. 2024 was 724.29.

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

FRA:GOKA' s Days Payable Range Over the Past 10 Years
Min: 319.42   Med: 673.39   Max: 892.12
Current: 784.69

During the past 13 years, Office Propertiesome Trust's highest Days Payable was 892.12. The lowest was 319.42. And the median was 673.39.

FRA:GOKA's Days Payable is ranked better than
92.95% of 525 companies
in the REITs industry
Industry Median: 128.55 vs FRA:GOKA: 784.69

Office Propertiesome Trust's Days Payable declined from Mar. 2023 (841.37) to Mar. 2024 (724.29). It may suggest that Office Propertiesome Trust accelerated paying its suppliers.


Office Propertiesome Trust Days Payable Historical Data

The historical data trend for Office Propertiesome 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.

* Premium members only.

Office Propertiesome Trust Days Payable Chart

Office Propertiesome Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 661.47 710.16 635.96 863.99 826.20

Office Propertiesome Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 841.37 795.43 916.77 783.00 724.29

Competitive Comparison of Office Propertiesome Trust's Days Payable

For the REIT - Office subindustry, Office Propertiesome 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.


Office Propertiesome Trust's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Office Propertiesome Trust's Days Payable falls into.



Office Propertiesome 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.

Office Propertiesome 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
=( (132.303 + 128.532) / 2 ) / 57.616*365
=130.4175 / 57.616*365
=826.20

Office Propertiesome Trust's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (128.532 + 100.892) / 2 ) / 14.452*365 / 4
=114.712 / 14.452*365 / 4
=724.29

* 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.


Office Propertiesome Trust Days Payable Related Terms

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Office Propertiesome Trust (FRA:GOKA) Business Description

Traded in Other Exchanges
Address
255 Washington Street, Two Newton Place, Suite 300, Newton, MA, USA, 02458-1634
Office Properties Income Trust is a United States-based real estate investment trust. Its property portfolio is mainly composed of single-tenant office buildings, as well as multitenant properties, which are leased to parties of high credit quality characteristics. Its largest tenant is the U.S. government, followed by other smaller government entities and corporations. The company's properties are spread across the United States.

Office Propertiesome Trust (FRA:GOKA) Headlines

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