Nippon Accommodations Fund (Nippon Accommodations Fund) Days Payable : 54.44 (As of Aug. 2023)

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What is Nippon Accommodations Fund Days Payable?

Nippon Accommodations Fund's average Accounts Payable for the six months ended in Aug. 2023 was $11.0 Mil. Nippon Accommodations Fund's Cost of Goods Sold for the six months ended in Aug. 2023 was $36.8 Mil. Hence, Nippon Accommodations Fund's Days Payable for the six months ended in Aug. 2023 was 54.44.

The historical rank and industry rank for Nippon Accommodations Fund's Days Payable or its related term are showing as below:

NIPPF' s Days Payable Range Over the Past 10 Years
Min: 42.9 Med: 49.37 Max: 63.86
Current: 57.98

During the past 13 years, Nippon Accommodations Fund's highest Days Payable was 63.86. The lowest was 42.90. And the median was 49.37.

NIPPF's Days Payable is ranked worse than
69.22% of 523 companies
in the REITs industry
Industry Median: 126.29 vs NIPPF: 57.98

Nippon Accommodations Fund's Days Payable declined from Aug. 2022 (60.72) to Aug. 2023 (54.44). It may suggest that Nippon Accommodations Fund accelerated paying its suppliers.

Nippon Accommodations Fund Days Payable Historical Data

The historical data trend for Nippon Accommodations 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.

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Nippon Accommodations Fund Days Payable Chart

Nippon Accommodations Fund Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

Get a 7-Day Free Trial

50.12

51.78

50.85

63.39

66.13

Nippon Accommodations Fund 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															52.44	60.72	55.00	54.44	68.00

Competitive Comparison of Nippon Accommodations Fund's Days Payable

For the REIT - Diversified subindustry, Nippon Accommodations 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.

Nippon Accommodations Fund's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Nippon Accommodations Fund's Days Payable falls into.

Nippon Accommodations 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.

Nippon Accommodations Fund'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
=	( (13.711	+	12.455)	/	2 )	/	72.21	*	365
=	13.083					/	72.21	*	365
=	66.13

Nippon Accommodations Fund'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
=	( (9.508	+	12.455)	/	2 )	/	36.812	*	365 / 2
=	10.9815					/	36.812	*	365 / 2
=	54.44

Nippon Accommodations Fund Days Payable Related Terms

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Nippon Accommodations Fund (Nippon Accommodations Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Accommodations Fund Inc (OTCPK:NIPPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3226:Japan

Address

2-1-1 Nihonbashimuromachi, Chuo-ku, Tokyo, JPN, 103-0022

Website

http://www.naf-r.jp

Nippon Accommodations Fund Inc is a Japan-based real estate investment trust (REIT) company. It invests in accommodation properties mainly located in Metropolitan areas, as well as government-decreed regional hub cities. The company's investment property portfolio includes Okawabata Apartment Communities, Park Axis Toyosu, Shibaura Island Air Tower, Park Cube Meguro Tower, Park Cube Atagoyama Tower, Park Cube Higashi Shinagawa, amongst many others.

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