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Bluerock Homes Trust (Bluerock Homes Trust) Days Payable : 9.10 (As of Dec. 2023)


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What is Bluerock Homes Trust Days Payable?

Bluerock Homes Trust's average Accounts Payable for the three months ended in Dec. 2023 was $0.81 Mil. Bluerock Homes Trust's Cost of Goods Sold for the three months ended in Dec. 2023 was $8.09 Mil. Hence, Bluerock Homes Trust's Days Payable for the three months ended in Dec. 2023 was 9.10.

The historical rank and industry rank for Bluerock Homes Trust's Days Payable or its related term are showing as below:

BHM' s Days Payable Range Over the Past 10 Years
Min: 14   Med: 48.64   Max: 108.92
Current: 14

During the past 4 years, Bluerock Homes Trust's highest Days Payable was 108.92. The lowest was 14.00. And the median was 48.64.

BHM's Days Payable is ranked worse than
94.06% of 522 companies
in the REITs industry
Industry Median: 128.345 vs BHM: 14.00

Bluerock Homes Trust's Days Payable declined from Dec. 2022 (25.49) to Dec. 2023 (9.10). It may suggest that Bluerock Homes Trust accelerated paying its suppliers.

Bluerock Homes Trust Days Payable Historical Data

The historical data trend for Bluerock Homes Trust'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.

Bluerock Homes Trust Days Payable Chart

Bluerock Homes Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
63.59 108.92 33.69 14.15

Bluerock Homes Trust Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.49 23.39 15.53 9.52 9.10

Competitive Comparison of Bluerock Homes Trust's Days Payable

For the REIT - Residential subindustry, Bluerock Homes Trust'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.

Bluerock Homes Trust's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Bluerock Homes Trust's Days Payable falls into.


Bluerock Homes Trust 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.

Bluerock Homes Trust'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
=( (1.751 + 0.691) / 2 ) / 31.502*365
=1.221 / 31.502*365
=14.15

Bluerock Homes Trust'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
=( (0.921 + 0.691) / 2 ) / 8.086*365 / 4
=0.806 / 8.086*365 / 4
=9.10

* 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.

Bluerock Homes Trust Days Payable Related Terms

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Bluerock Homes Trust (Bluerock Homes Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Bluerock Homes Trust Inc (AMEX:BHM) » Definitions » Days Payable
Comparable Companies
CLPR FREVS AVB EQR INVH SUI MAA ESS ELS AMH UDR CPT TSX:CAR.UN AIRC TSE:3269 IRT TSX:BEI.UN TSE:8986 TSE:3278 XPAR:ALTA
Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105
Website
https://bluerock.com/bluerock-homes-trust/
Bluerock Homes Trust Inc owns and operates single-family properties that generate rental and other property-related income through the leasing of units to a diverse base of tenants. The properties are located in Sunbelt and the Western United States.
Executives
Christopher J. Vohs officer: CFO and Treasurer 27777 FRANKLIN RD SUITE 900, SOUTHFIELD MI 48034
Par Olof Sanda 10 percent owner 624 RIVIERA ISLE DRIVE, FORT LAUDERDALE FL 33301
Sand Capital Associates Llc 10 percent owner 501 N BIRCH RD, UNIT 3, FORT LAUDERDALE FL 33304
Romano Tio director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Babb James G. Iii officer: Chief Strategy Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ryan S Macdonald officer: Chief Investment Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10012
Michael Difranco officer: Executive VP, Operations 712 FIFTH AVENUE, SUITE 900, NEW YORK NY 10019
Kamal Jafarnia director 7201 REGENCY COURT, PLANO TX 75024
Elizabeth Scott Harrison director 390 WEST END AVENUE, APARTMENT 3F, NEW YORK NY 10024
I. Bobby Majumder director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Ramin Kamfar officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, 32 FLOOR, NEW YORK NY 10105
Jordan B. Ruddy director, officer: President 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Bluerock Residential Growth Reit, Inc. 10 percent owner 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Jason Emala officer: See Remarks 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105