Nippon Hotel & Residential Investment (TSE:3472) Days Payable : 39.36 (As of May. 2023)

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What is Nippon Hotel & Residential Investment Days Payable?

Nippon Hotel & Residential Investment's average Accounts Payable for the six months ended in May. 2023 was 円114 Mil. Nippon Hotel & Residential Investment's Cost of Goods Sold for the six months ended in May. 2023 was 円529 Mil. Hence, Nippon Hotel & Residential Investment's Days Payable for the six months ended in May. 2023 was 39.36.

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

TSE:3472' s Days Payable Range Over the Past 10 Years
Min: 27.46 Med: 33.98 Max: 141.6
Current: 44.32

During the past 7 years, Nippon Hotel & Residential Investment's highest Days Payable was 141.60. The lowest was 27.46. And the median was 33.98.

TSE:3472's Days Payable is ranked worse than
78.2% of 523 companies
in the REITs industry
Industry Median: 128.23 vs TSE:3472: 44.32

Nippon Hotel & Residential Investment's Days Payable declined from May. 2022 (42.57) to May. 2023 (39.36). It may suggest that Nippon Hotel & Residential Investment accelerated paying its suppliers.

Nippon Hotel & Residential Investment Days Payable Historical Data

The historical data trend for Nippon Hotel & Residential 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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Nippon Hotel & Residential Investment Days Payable Chart

Nippon Hotel & Residential Investment Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Days Payable

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57.14

27.46

33.85

33.38

34.10

Nippon Hotel & Residential Investment Semi-Annual Data
	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Days Payable	Get a 7-Day Free Trial								20.04	15.88	42.57	46.59	39.36

Competitive Comparison of Nippon Hotel & Residential Investment's Days Payable

For the REIT - Hotel & Motel subindustry, Nippon Hotel & Residential 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.

Nippon Hotel & Residential Investment's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Nippon Hotel & Residential Investment's Days Payable falls into.

Nippon Hotel & Residential 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.

Nippon Hotel & Residential Investment's Days Payable for the fiscal year that ended in Nov. 2022 is calculated as

	Days Payable (A: Nov. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2021 )	+	Accounts Payable (A: Nov. 2022 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2022 )	*	Days in Period
=	( (91.868	+	117.571)	/	2 )	/	1120.756	*	365
=	104.7195					/	1120.756	*	365
=	34.10

Nippon Hotel & Residential Investment's Days Payable for the quarter that ended in May. 2023 is calculated as:

	Days Payable (Q: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2022 )	+	Accounts Payable (Q: May. 2023 ))	/	count )	/	Cost of Goods Sold (Q: May. 2023 )	*	Days in Period
=	( (117.571	+	110.491)	/	2 )	/	528.722	*	365 / 2
=	114.031					/	528.722	*	365 / 2
=	39.36

Nippon Hotel & Residential Investment Days Payable Related Terms

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Nippon Hotel & Residential Investment (TSE:3472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Hotel & Residential Investment Corp (TSE:3472) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-4 Nihonbashihoncho, Chuo-ku, Tokyo, JPN, 103-0023

Website

https://oom-reit.com

Ooedo Onsen Reit Investment Corp is a real estate investment trust externally managed by Ooedo Onsen Asset Management Co., Ltd. The firm invests in onsen and spa-related facilities, mainly facilities. The company principally invests in hot spring-related industries, such as hotels, hot spring facilities and theme parks.

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