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Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) Days Payable : 164.25 (As of Dec. 2023)


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What is Sustainable Real Estate Dividend Fund Days Payable?

Sustainable Real Estate Dividend Fund's average Accounts Payable for the six months ended in Dec. 2023 was C$0.11 Mil. Sustainable Real Estate Dividend Fund's Cost of Goods Sold for the six months ended in Dec. 2023 was C$0.12 Mil. Hence, Sustainable Real Estate Dividend Fund's Days Payable for the six months ended in Dec. 2023 was 164.25.

The historical rank and industry rank for Sustainable Real Estate Dividend Fund's Days Payable or its related term are showing as below:

TSX:MSRE.UN' s Days Payable Range Over the Past 10 Years
Min: 172.97   Med: 172.97   Max: 177.63
Current: 177.63

During the past 2 years, Sustainable Real Estate Dividend Fund's highest Days Payable was 177.63. The lowest was 172.97. And the median was 172.97.

TSX:MSRE.UN's Days Payable is ranked better than
68.38% of 468 companies
in the Asset Management industry
Industry Median: 72.31 vs TSX:MSRE.UN: 177.63

Sustainable Real Estate Dividend Fund's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (164.25). It may suggest that Sustainable Real Estate Dividend Fund delayed paying its suppliers.

Sustainable Real Estate Dividend Fund Days Payable Historical Data

The historical data trend for Sustainable Real Estate Dividend Fund'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.

Sustainable Real Estate Dividend Fund Days Payable Chart

Sustainable Real Estate Dividend Fund Annual Data
Trend Dec22 Dec23
Days Payable
- 172.97

Sustainable Real Estate Dividend Fund Semi-Annual Data
Dec22 Jun23 Dec23
Days Payable - 195.13 164.25

Competitive Comparison of Sustainable Real Estate Dividend Fund's Days Payable

For the Asset Management subindustry, Sustainable Real Estate Dividend Fund'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.

Sustainable Real Estate Dividend Fund's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sustainable Real Estate Dividend Fund's Days Payable distribution charts can be found below:

* The bar in red indicates where Sustainable Real Estate Dividend Fund's Days Payable falls into.


Sustainable Real Estate Dividend Fund 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.

Sustainable Real Estate Dividend Fund's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.149 + 0.087) / 2 ) / 0.249*365
=0.118 / 0.249*365
=172.97

Sustainable Real Estate Dividend Fund's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.129 + 0.087) / 2 ) / 0.12*365 / 2
=0.108 / 0.12*365 / 2
=164.25

* 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.

Sustainable Real Estate Dividend Fund Days Payable Related Terms

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Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) » Definitions » Days Payable
Comparable Companies
TSXV:FW TSX:PRM TSXV:TIE XCNQ:SPLY TSXV:CSOC.A TSXV:MONT TSX:PWI TSXV:WI TSX:XTD XCNQ:TLP.UN BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
First Canadian Place, 58th Floor, P.O. Box 192, Toronto, ON, CAN, M5X 1A6
Website
https://www.middlefield.com
Sustainable Real Estate Dividend Fund is a closed-ended investment trust. The investment objectives of the Sustainable Real Estate Dividend Fund are to provide holders of units with stable monthly cash distributions and enhanced long-term total return through capital appreciation of the Fund's investment portfolio.

Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) Headlines

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