NewRiver REIT (NewRiver REIT) Days Payable : 35.48 (As of Sep. 2023)

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What is NewRiver REIT Days Payable?

NewRiver REIT's average Accounts Payable for the six months ended in Sep. 2023 was $2.82 Mil. NewRiver REIT's Cost of Goods Sold for the six months ended in Sep. 2023 was $14.48 Mil. Hence, NewRiver REIT's Days Payable for the six months ended in Sep. 2023 was 35.48.

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

NRWRF' s Days Payable Range Over the Past 10 Years
Min: 28.23 Med: 109.48 Max: 492.75
Current: 28.23

During the past 13 years, NewRiver REIT's highest Days Payable was 492.75. The lowest was 28.23. And the median was 109.48.

NRWRF's Days Payable is ranked worse than
85.47% of 523 companies
in the REITs industry
Industry Median: 128.46 vs NRWRF: 28.23

NewRiver REIT's Days Payable declined from Sep. 2022 (36.27) to Sep. 2023 (35.48). It may suggest that NewRiver REIT accelerated paying its suppliers.

NewRiver REIT Days Payable Historical Data

The historical data trend for NewRiver 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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NewRiver REIT Days Payable Chart

NewRiver REIT Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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209.54

30.18

40.75

54.63

42.59

NewRiver REIT Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															61.39	49.22	36.27	25.52	35.48

Competitive Comparison of NewRiver REIT's Days Payable

For the REIT - Retail subindustry, NewRiver 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.

NewRiver REIT's Days Payable Distribution in the REITs Industry

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

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

NewRiver 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.

NewRiver REIT's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (3.953	+	3.155)	/	2 )	/	30.461	*	365
=	3.554					/	30.461	*	365
=	42.59

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

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (3.155	+	2.475)	/	2 )	/	14.48	*	365 / 2
=	2.815					/	14.48	*	365 / 2
=	35.48

NewRiver REIT Days Payable Related Terms

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NewRiver REIT (NewRiver REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NewRiver REIT PLC (OTCPK:NRWRF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NRRl:UK NRR:UK

Address

89 Whitfield Street, London, GBR, W1T 4DE

Website

https://www.nrr.co.uk

NewRiver REIT PLC is a real estate investment trust that invests in, manages, and develops retail and leisure properties. The company's property portfolio comprises shopping centers, retail warehouses, and pubs across the United Kingdom. The retail properties contribute the most of the total revenue, and these are largely located in Yorkshire and Humberside, London, Northeast and Southeast England, Scotland, and Wales. The company generates most of its revenue from leasing properties to tenants, which include discount retailers, fashion and accessory stores, groceries, homeware and furniture stores, and dining venues.