GLP J-REIT (GLP J-REIT) Days Payable : 10.45 (As of Aug. 2023)

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What is GLP J-REIT Days Payable?

GLP J-REIT's average Accounts Payable for the six months ended in Aug. 2023 was $3.7 Mil. GLP J-REIT's Cost of Goods Sold for the six months ended in Aug. 2023 was $64.7 Mil. Hence, GLP J-REIT's Days Payable for the six months ended in Aug. 2023 was 10.45.

The historical rank and industry rank for GLP J-REIT's Days Payable or its related term are showing as below:

GLPJF' s Days Payable Range Over the Past 10 Years
Min: 8.82 Med: 9.87 Max: 11.37
Current: 10.38

During the past 11 years, GLP J-REIT's highest Days Payable was 11.37. The lowest was 8.82. And the median was 9.87.

GLPJF's Days Payable is ranked worse than
95.22% of 523 companies
in the REITs industry
Industry Median: 128.55 vs GLPJF: 10.38

GLP J-REIT's Days Payable increased from Aug. 2022 (10.23) to Aug. 2023 (10.45). It may suggest that GLP J-REIT delayed paying its suppliers.

GLP J-REIT Days Payable Historical Data

The historical data trend for GLP J-REIT'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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GLP J-REIT Days Payable Chart

GLP J-REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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9.79

10.48

9.83

11.54

11.75

GLP J-REIT Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial															8.75	10.23	9.76	10.45	12.61

Competitive Comparison of GLP J-REIT's Days Payable

For the REIT - Industrial subindustry, GLP J-REIT'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.

GLP J-REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where GLP J-REIT's Days Payable falls into.

GLP J-REIT 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.

GLP J-REIT's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (3.963	+	4.181)	/	2 )	/	126.522	*	365
=	4.072					/	126.522	*	365
=	11.75

GLP J-REIT's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (3.233	+	4.181)	/	2 )	/	64.721	*	365 / 2
=	3.707					/	64.721	*	365 / 2
=	10.45

GLP J-REIT Days Payable Related Terms

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GLP J-REIT (GLP J-REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » GLP J-REIT (OTCPK:GLPJF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3281:Japan

Address

Shiodome City Center, 1-5-2, Higashi-Shimbashi, Minato-ku, Tokyo, JPN

Website

http://www.glpjreit.com

GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.

GLP J-REIT (GLP J-REIT) Headlines

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