AME REIT (XKLS:5307) Days Payable : 171.87 (As of Dec. 2023)

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What is AME REIT Days Payable?

AME REIT's average Accounts Payable for the three months ended in Dec. 2023 was RM3.68 Mil. AME REIT's Cost of Goods Sold for the three months ended in Dec. 2023 was RM1.95 Mil. Hence, AME REIT's Days Payable for the three months ended in Dec. 2023 was 171.87.

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

XKLS:5307' s Days Payable Range Over the Past 10 Years
Min: 11.08 Med: 11.08 Max: 165.87
Current: 165.87

During the past 4 years, AME REIT's highest Days Payable was 165.87. The lowest was 11.08. And the median was 11.08.

XKLS:5307's Days Payable is ranked better than
60.27% of 526 companies
in the REITs industry
Industry Median: 128.505 vs XKLS:5307: 165.87

AME REIT's Days Payable declined from Dec. 2022 (322.51) to Dec. 2023 (171.87). It may suggest that AME REIT accelerated paying its suppliers.

AME REIT Days Payable Historical Data

The historical data trend for AME REIT'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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AME REIT Days Payable Chart

AME REIT Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Payable

11.08

AME REIT Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial				322.51	199.85	60.64	124.75	171.87

Competitive Comparison of AME REIT's Days Payable

For the REIT - Industrial subindustry, AME REIT'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.

AME REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where AME REIT's Days Payable falls into.

AME REIT 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.

AME REIT's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0.108)	/	1 )	/	3.558	*	365
=	0.108					/	3.558	*	365
=	11.08

AME REIT'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.443	+	3.914)	/	2 )	/	1.953	*	365 / 4
=	3.6785					/	1.953	*	365 / 4
=	171.87

AME REIT Days Payable Related Terms

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AME REIT (XKLS:5307) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AME REIT (XKLS:5307) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan I-Park SAC 1/1, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400

Website

https://www.amereit.com.my

AME REIT is engaged in investing directly and indirectly in a Shariah compliant portfolio of income income producing Real Estate used primarily for industrial and industrial-related purposes in Malaysia and overseas. The company's portfolio consists of 34 subject properties with 31 industrial properties and around 3 industrial related properties known as Dormitories which are freehold properties.

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