Ichigo Hotel REIT Investment (TSE:3463) Days Payable : 51.38 (As of Jul. 2023)

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What is Ichigo Hotel REIT Investment Days Payable?

Ichigo Hotel REIT Investment's average Accounts Payable for the six months ended in Jul. 2023 was 円167 Mil. Ichigo Hotel REIT Investment's Cost of Goods Sold for the six months ended in Jul. 2023 was 円595 Mil. Hence, Ichigo Hotel REIT Investment's Days Payable for the six months ended in Jul. 2023 was 51.38.

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

TSE:3463' s Days Payable Range Over the Past 10 Years
Min: 36.37 Med: 54.02 Max: 183.59
Current: 49.95

During the past 8 years, Ichigo Hotel REIT Investment's highest Days Payable was 183.59. The lowest was 36.37. And the median was 54.02.

TSE:3463's Days Payable is ranked worse than
74% of 523 companies
in the REITs industry
Industry Median: 128.23 vs TSE:3463: 49.95

Ichigo Hotel REIT Investment's Days Payable declined from Jul. 2022 (58.56) to Jul. 2023 (51.38). It may suggest that Ichigo Hotel REIT Investment accelerated paying its suppliers.

Ichigo Hotel REIT Investment Days Payable Historical Data

The historical data trend for Ichigo Hotel REIT Investment'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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Ichigo Hotel REIT Investment Days Payable Chart

Ichigo Hotel REIT Investment Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Payable

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56.04

43.66

39.13

52.00

36.37

Ichigo Hotel REIT Investment Semi-Annual Data
	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Days Payable	Get a 7-Day Free Trial											42.13	67.00	58.56	62.46	51.38

Competitive Comparison of Ichigo Hotel REIT Investment's Days Payable

For the REIT - Hotel & Motel subindustry, Ichigo Hotel REIT Investment'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.

Ichigo Hotel REIT Investment's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Ichigo Hotel REIT Investment's Days Payable falls into.

Ichigo Hotel REIT Investment 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.

Ichigo Hotel REIT Investment'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
=	( (137.883	+	91.541)	/	2 )	/	1151.367	*	365
=	114.712					/	1151.367	*	365
=	36.37

Ichigo Hotel REIT Investment'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
=	( (243.236	+	91.541)	/	2 )	/	594.546	*	365 / 2
=	167.3885					/	594.546	*	365 / 2
=	51.38

Ichigo Hotel REIT Investment Days Payable Related Terms

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Ichigo Hotel REIT Investment (TSE:3463) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ichigo Hotel REIT Investment Corp (TSE:3463) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Uchisaiwaicho 1-1-1, Imperial Hotel Tower, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

http://www.ichigo-hotel.co.jp

Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.

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