Japan Metropolitan Fund Investment (TSE:8953) Days Payable : 47.73 (As of Aug. 2023)

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What is Japan Metropolitan Fund Investment Days Payable?

Japan Metropolitan Fund Investment's average Accounts Payable for the six months ended in Aug. 2023 was 円4,839 Mil. Japan Metropolitan Fund Investment's Cost of Goods Sold for the six months ended in Aug. 2023 was 円18,499 Mil. Hence, Japan Metropolitan Fund Investment's Days Payable for the six months ended in Aug. 2023 was 47.73.

The historical rank and industry rank for Japan Metropolitan Fund Investment's Days Payable or its related term are showing as below:

TSE:8953' s Days Payable Range Over the Past 10 Years
Min: 16.89 Med: 26 Max: 47.81
Current: 47.81

During the past 13 years, Japan Metropolitan Fund Investment's highest Days Payable was 47.81. The lowest was 16.89. And the median was 26.00.

TSE:8953's Days Payable is ranked worse than
75.38% of 524 companies
in the REITs industry
Industry Median: 126.16 vs TSE:8953: 47.81

Japan Metropolitan Fund Investment's Days Payable increased from Aug. 2022 (41.98) to Aug. 2023 (47.73). It may suggest that Japan Metropolitan Fund Investment delayed paying its suppliers.

Japan Metropolitan Fund Investment Days Payable Historical Data

The historical data trend for Japan Metropolitan Fund 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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Japan Metropolitan Fund Investment Days Payable Chart

Japan Metropolitan Fund Investment Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Days Payable

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26.67

32.47

36.39

34.40

43.58

Japan Metropolitan Fund Investment Semi-Annual Data
	Aug14	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															41.50	41.98	46.21	47.73	49.17

Competitive Comparison of Japan Metropolitan Fund Investment's Days Payable

For the REIT - Retail subindustry, Japan Metropolitan Fund 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.

Japan Metropolitan Fund Investment's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Metropolitan Fund Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where Japan Metropolitan Fund Investment's Days Payable falls into.

Japan Metropolitan Fund 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.

Japan Metropolitan Fund Investment's Days Payable for the fiscal year that ended in Aug. 2022 is calculated as

	Days Payable (A: Aug. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2021 )	+	Accounts Payable (A: Aug. 2022 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2022 )	*	Days in Period
=	( (3828.778	+	4686.498)	/	2 )	/	35661.837	*	365
=	4257.638					/	35661.837	*	365
=	43.58

Japan Metropolitan Fund Investment'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
=	( (4813.652	+	4863.376)	/	2 )	/	18499.288	*	365 / 2
=	4838.514					/	18499.288	*	365 / 2
=	47.73

Japan Metropolitan Fund Investment Days Payable Related Terms

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Japan Metropolitan Fund Investment (TSE:8953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Japan Metropolitan Fund Investment Corp (TSE:8953) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JRFIF:USA

Address

Marunouchi 2-chome, Tokyo Building 7-3, Chiyoda-ku, Tokyo, JPN, 100-6420

Website

https://www.jmf-reit.com

Japan Metropolitan Fund Investment Corp is a Japanese real estate investment trust that specialises in retail properties. The company principally generates revenue from leasing properties to tenants, which include supermarkets, clothing and accessory stores, cosmetic shops, general merchandise stores, and entertainment venues. The company's properties are located domestically in urban and suburban areas, with approximately half in the Greater Tokyo metropolitan area and the remaining in Osaka, Nagoya and surrounding areas, and other major cities.

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