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Comforia Residential REIT (TSE:3282) Days Payable : 27.39 (As of Jul. 2023)


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What is Comforia Residential REIT Days Payable?

Comforia Residential REIT's average Accounts Payable for the six months ended in Jul. 2023 was 円721 Mil. Comforia Residential REIT's Cost of Goods Sold for the six months ended in Jul. 2023 was 円4,805 Mil. Hence, Comforia Residential REIT's Days Payable for the six months ended in Jul. 2023 was 27.39.

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

TSE:3282' s Days Payable Range Over the Past 10 Years
Min: 24.25   Med: 31.82   Max: 36.79
Current: 26.63

During the past 11 years, Comforia Residential REIT's highest Days Payable was 36.79. The lowest was 24.25. And the median was 31.82.

TSE:3282's Days Payable is ranked worse than
85.5% of 524 companies
in the REITs industry
Industry Median: 126.16 vs TSE:3282: 26.63

Comforia Residential REIT's Days Payable increased from Jul. 2022 (24.65) to Jul. 2023 (27.39). It may suggest that Comforia Residential REIT delayed paying its suppliers.


Comforia Residential REIT Days Payable Historical Data

The historical data trend for Comforia Residential 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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Comforia Residential REIT Days Payable Chart

Comforia Residential REIT Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.71 36.79 28.90 24.25 27.96

Comforia Residential REIT Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 23.32 24.65 25.53 27.39 31.29

Competitive Comparison of Comforia Residential REIT's Days Payable

For the REIT - Residential subindustry, Comforia Residential 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.


Comforia Residential REIT's Days Payable Distribution in the REITs Industry

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

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



Comforia Residential 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.

Comforia Residential REIT's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

Days Payable (A: Jul. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2022 ) + Accounts Payable (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (632.524 + 801.048) / 2 ) / 9357.729*365
=716.786 / 9357.729*365
=27.96

Comforia Residential REIT's Days Payable for the quarter that ended in Jul. 2023 is calculated as:

Days Payable (Q: Jul. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2023 ) + Accounts Payable (Q: Jul. 2023 )) / count ) / Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=( (641.257 + 801.048) / 2 ) / 4805.425*365 / 2
=721.1525 / 4805.425*365 / 2
=27.39

* 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.


Comforia Residential REIT Days Payable Related Terms

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Comforia Residential REIT (TSE:3282) Business Description

Traded in Other Exchanges
N/A
Address
1-1 Minami-Aoyama 1-chome, Minato-ku, Tokyo, JPN
Comforia Residential REIT Inc is a Japan-based residential real estate investment trust. The company is engaged in investment in residential real estates for lease, real estate backed assets and general leasing properties. It offers leasing properties for singles and small families. The REIT invests in leasing properties located in Tokyo metropolitan and other residential properties in communities in other cities.

Comforia Residential REIT (TSE:3282) Headlines

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