Regal Real Estate Investment Trust (HKSE:01881) Days Payable : 692.34 (As of Dec. 2023)

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What is Regal Real Estate Investment Trust Days Payable?

Regal Real Estate Investment Trust's average Accounts Payable for the six months ended in Dec. 2023 was HK$34.2 Mil. Regal Real Estate Investment Trust's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$9.0 Mil. Hence, Regal Real Estate Investment Trust's Days Payable for the six months ended in Dec. 2023 was 692.34.

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

HKSE:01881' s Days Payable Range Over the Past 10 Years
Min: 899.48 Med: 1134.39 Max: 1407.18
Current: 899.48

During the past 13 years, Regal Real Estate Investment Trust's highest Days Payable was 1407.18. The lowest was 899.48. And the median was 1134.39.

HKSE:01881's Days Payable is ranked better than
93.88% of 523 companies
in the REITs industry
Industry Median: 126.29 vs HKSE:01881: 899.48

Regal Real Estate Investment Trust's Days Payable declined from Dec. 2022 (997.75) to Dec. 2023 (692.34). It may suggest that Regal Real Estate Investment Trust accelerated paying its suppliers.

Regal Real Estate Investment Trust Days Payable Historical Data

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

Regal Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,191.69

1,401.55

1,159.10

1,176.57

1,074.79

Regal Real Estate Investment Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															664.34	717.20	997.75	922.79	692.34

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

For the REIT - Hotel & Motel subindustry, Regal 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.

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

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

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

Regal 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.

Regal Real Estate Investment 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
=	( (70.028	+	40.242)	/	2 )	/	18.724	*	365
=	55.135					/	18.724	*	365
=	1,074.79

Regal Real Estate Investment Trust'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (28.157	+	40.242)	/	2 )	/	9.015	*	365 / 2
=	34.1995					/	9.015	*	365 / 2
=	692.34

Regal Real Estate Investment Trust Days Payable Related Terms

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Regal Real Estate Investment Trust (HKSE:01881) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Regal Real Estate Investment Trust (HKSE:01881) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Yee Wo Street, Unit No. 2001, 20th Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.regalreit.com

Regal Real Estate Investment Trust is a Hong Kong-based REIT that invests in hotel properties, serviced apartments, and commercial properties. The company owns and invests in income-producing hotels, serviced apartments, or commercial properties (including office premises) with the objectives of producing stable and growing distributions to the unitholders of Regal REIT and achieving long-term growth in the net asset value per Unit. the company has two operating segments; the hotel properties segment which invested in the Initial Hotels, iclub Sheung Wan Hotel, iclub Fortress Hill Hotel, and iclub To Kwa Wan Hotel, and the mixed-use property segment which invested in the iclub Wan Chai Hotel. Regal generates the majority of its revenue from the hotel properties segment.

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