GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mailbox REIT PLC (IPSX:MBOX) » Definitions » Days Payable

Mailbox REIT (IPSX:MBOX) Days Payable : 276.68 (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Mailbox REIT Days Payable?

Mailbox REIT's average Accounts Payable for the six months ended in Jun. 2023 was £5.28 Mil. Mailbox REIT's Cost of Goods Sold for the six months ended in Jun. 2023 was £3.48 Mil. Hence, Mailbox REIT's Days Payable for the six months ended in Jun. 2023 was 276.68.

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

IPSX:MBOX' s Days Payable Range Over the Past 10 Years
Min: 26.93   Med: 60.85   Max: 373.46
Current: 373.46

During the past 4 years, Mailbox REIT's highest Days Payable was 373.46. The lowest was 26.93. And the median was 60.85.

IPSX:MBOX's Days Payable is not ranked
in the REITs industry.
Industry Median: 128.81 vs IPSX:MBOX: 373.46

Mailbox REIT's Days Payable increased from Jun. 2022 (249.67) to Jun. 2023 (276.68). It may suggest that Mailbox REIT delayed paying its suppliers.

Mailbox REIT Days Payable Historical Data

The historical data trend for Mailbox 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.

* Premium members only.

Mailbox REIT Days Payable Chart

Mailbox REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Payable
- 26.93 60.85 105.57

Mailbox REIT Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial 211.08 197.73 249.67 346.30 276.68

Competitive Comparison of Mailbox REIT's Days Payable

For the REIT - Diversified subindustry, Mailbox 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.

Mailbox REIT's Days Payable Distribution in the REITs Industry

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

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


Mailbox 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.

Mailbox REIT's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1.635 + 1.506) / 2 ) / 5.43*365
=1.5705 / 5.43*365
=105.57

Mailbox REIT's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (1.506 + 9.055) / 2 ) / 3.483*365 / 2
=5.2805 / 3.483*365 / 2
=276.68

* 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.

Mailbox REIT Days Payable Related Terms

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

Mailbox REIT (IPSX:MBOX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mailbox REIT PLC (IPSX:MBOX) » Definitions » Days Payable
Comparable Companies
LSE:TOWN LSE:AIRE LSE:PCA LSE:RLE LSE:HCFT LSE:GRIO LSE:EPIC LSE:AEWU LSE:API LSE:SREI VICI ASX:MGR WPC FUNO11 ASX:SGP SRC LSE:LAND LSE:UTG ASX:GPT XPAR:COV
Traded in Other Exchanges
N/A
Address
30 Saint Mary Axe, 10th floor, London, GBR, EC3A 8BF
Website
https://www.themailboxreit.com
Mailbox REIT PLC is a single-asset real estate investment trust located in Birmingham. It provides shareholders income together with capital growth by investing in the Property. The company owns the Mailbox Property. The property provides office space, a leisure area, and retail and car parking space.