Orix Jreit (TSE:8954) Days Payable : 25.08 (As of Aug. 2023)

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What is Orix Jreit Days Payable?

Orix Jreit's average Accounts Payable for the six months ended in Aug. 2023 was 円2,046 Mil. Orix Jreit's Cost of Goods Sold for the six months ended in Aug. 2023 was 円14,885 Mil. Hence, Orix Jreit's Days Payable for the six months ended in Aug. 2023 was 25.08.

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

TSE:8954' s Days Payable Range Over the Past 10 Years
Min: 25.81 Med: 32 Max: 38.78
Current: 25.82

During the past 13 years, Orix Jreit's highest Days Payable was 38.78. The lowest was 25.81. And the median was 32.00.

TSE:8954's Days Payable is ranked worse than
86.59% of 522 companies
in the REITs industry
Industry Median: 128.345 vs TSE:8954: 25.82

Orix Jreit's Days Payable declined from Aug. 2022 (29.77) to Aug. 2023 (25.08). It may suggest that Orix Jreit accelerated paying its suppliers.

Orix Jreit Days Payable Historical Data

The historical data trend for Orix Jreit'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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Orix Jreit Days Payable Chart

Orix Jreit Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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31.47

32.52

34.99

34.90

29.63

Orix Jreit 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															31.05	29.77	31.12	25.08	28.32

Competitive Comparison of Orix Jreit's Days Payable

For the REIT - Office subindustry, Orix Jreit'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.

Orix Jreit's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Orix Jreit's Days Payable falls into.

Orix Jreit 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.

Orix Jreit'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
=	( (2095	+	2213)	/	2 )	/	26536	*	365
=	2154					/	26536	*	365
=	29.63

Orix Jreit'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
=	( (1878	+	2213)	/	2 )	/	14885	*	365 / 2
=	2045.5					/	14885	*	365 / 2
=	25.08

Orix Jreit Days Payable Related Terms

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Orix Jreit (TSE:8954) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orix Jreit Inc (TSE:8954) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1, Hamamatsucho 2-chome, Minato-ku, Tokyo, JPN, 105-6135

Website

http://www.orixjreit.com

Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the largest geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants. Finance and real estate, transportation, and retail companies are Orix JREIT's major customers.

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