Dream Industrial Real Estate Investment Trust (Dream Industrial Real Estate Investment Trust) Days Payable : 273.82 (As of Mar. 2024)

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What is Dream Industrial Real Estate Investment Trust Days Payable?

Dream Industrial Real Estate Investment Trust's average Accounts Payable for the three months ended in Mar. 2024 was $63.7 Mil. Dream Industrial Real Estate Investment Trust's Cost of Goods Sold for the three months ended in Mar. 2024 was $21.2 Mil. Hence, Dream Industrial Real Estate Investment Trust's Days Payable for the three months ended in Mar. 2024 was 273.82.

The historical rank and industry rank for Dream Industrial Real Estate Investment Trust's Days Payable or its related term are showing as below:

DREUF' s Days Payable Range Over the Past 10 Years
Min: 5.43 Med: 145.53 Max: 327.16
Current: 327.16

During the past 12 years, Dream Industrial Real Estate Investment Trust's highest Days Payable was 327.16. The lowest was 5.43. And the median was 145.53.

DREUF's Days Payable is ranked better than
80.65% of 522 companies
in the REITs industry
Industry Median: 128.505 vs DREUF: 327.16

Dream Industrial Real Estate Investment Trust's Days Payable declined from Mar. 2023 (284.71) to Mar. 2024 (273.82). It may suggest that Dream Industrial Real Estate Investment Trust accelerated paying its suppliers.

Dream Industrial Real Estate Investment Trust Days Payable Historical Data

The historical data trend for Dream Industrial Real Estate Investment 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.

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Dream Industrial Real Estate Investment Trust Days Payable Chart

Dream Industrial Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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152.13

160.63

270.14

281.60

235.48

Dream Industrial Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															284.71	324.36	383.22	325.94	273.82

Competitive Comparison of Dream Industrial Real Estate Investment Trust's Days Payable

For the REIT - Industrial subindustry, Dream Industrial Real Estate Investment 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.

Dream Industrial Real Estate Investment Trust's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Dream Industrial Real Estate Investment Trust's Days Payable falls into.

Dream Industrial Real Estate Investment 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.

Dream Industrial Real Estate Investment 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
=	( (42.964	+	56.502)	/	2 )	/	77.087	*	365
=	49.733					/	77.087	*	365
=	235.48

Dream Industrial Real Estate Investment Trust's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (56.502	+	70.885)	/	2 )	/	21.226	*	365 / 4
=	63.6935					/	21.226	*	365 / 4
=	273.82

Dream Industrial Real Estate Investment Trust Days Payable Related Terms

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Dream Industrial Real Estate Investment Trust (Dream Industrial Real Estate Investment Trust) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

DIR.UN:Canada

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dreamindustrialreit.ca

Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders. Geographically the business is organized into Ontario, Quebec, Western Canada, Europe and the USA. Substantial revenue is derived from the European portfolio.