GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hulic Reit Inc (TSE:3295) » Definitions » Days Payable

Hulic Reit (TSE:3295) Days Payable : 30.60 (As of Aug. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Hulic Reit Days Payable?

Hulic Reit's average Accounts Payable for the six months ended in Aug. 2023 was 円669 Mil. Hulic Reit's Cost of Goods Sold for the six months ended in Aug. 2023 was 円3,991 Mil. Hence, Hulic Reit's Days Payable for the six months ended in Aug. 2023 was 30.60.

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

TSE:3295' s Days Payable Range Over the Past 10 Years
Min: 31.56   Med: 38.79   Max: 51.46
Current: 31.56

During the past 9 years, Hulic Reit's highest Days Payable was 51.46. The lowest was 31.56. And the median was 38.79.

TSE:3295's Days Payable is ranked worse than
84.1% of 522 companies
in the REITs industry
Industry Median: 128.345 vs TSE:3295: 31.56

Hulic Reit's Days Payable increased from Aug. 2022 (28.78) to Aug. 2023 (30.60). It may suggest that Hulic Reit delayed paying its suppliers.


Hulic Reit Days Payable Historical Data

The historical data trend for Hulic 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.

Hulic Reit Days Payable Chart

Hulic Reit Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
Get a 7-Day Free Trial Premium Member Only 34.72 35.43 39.85 38.79 36.48

Hulic Reit Semi-Annual Data
Apr14 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 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 33.07 28.78 29.43 30.60 38.19

Competitive Comparison of Hulic Reit's Days Payable

For the REIT - Office subindustry, Hulic 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.


Hulic Reit's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Hulic Reit's Days Payable falls into.



Hulic 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.

Hulic 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
=( (729.607 + 833.258) / 2 ) / 7819.178*365
=781.4325 / 7819.178*365
=36.48

Hulic 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
=( (505.062 + 833.258) / 2 ) / 3990.685*365 / 2
=669.16 / 3990.685*365 / 2
=30.60

* 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.


Hulic Reit Days Payable Related Terms

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


Hulic Reit (TSE:3295) Business Description

Traded in Other Exchanges
N/A
Address
2-6-9 Hatchobori, Chuo-ku, Tokyo, JPN, 104-0032
Hulic Reit, Inc. is engaged in the real estate lease business. The company focuses its investments on the Tokyo commercial property market. The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company invests mainly in commercial properties and next-generation assets such as private nursing homes, network centers, and hotels.

Hulic Reit (TSE:3295) Headlines

No Headlines