Office Propertiesome Trust (Office Propertiesome Trust) Days Payable : 725.61 (As of Mar. 2024)

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What is Office Propertiesome Trust Days Payable?

Office Propertiesome Trust's average Accounts Payable for the three months ended in Mar. 2024 was $124.9 Mil. Office Propertiesome Trust's Cost of Goods Sold for the three months ended in Mar. 2024 was $15.7 Mil. Hence, Office Propertiesome Trust's Days Payable for the three months ended in Mar. 2024 was 725.61.

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

OPI' s Days Payable Range Over the Past 10 Years
Min: 319.42 Med: 673.39 Max: 892.12
Current: 784.69

During the past 13 years, Office Propertiesome Trust's highest Days Payable was 892.12. The lowest was 319.42. And the median was 673.39.

OPI's Days Payable is ranked better than
93.1% of 522 companies
in the REITs industry
Industry Median: 128.505 vs OPI: 784.69

Office Propertiesome Trust's Days Payable declined from Mar. 2023 (836.90) to Mar. 2024 (725.61). It may suggest that Office Propertiesome Trust accelerated paying its suppliers.

Office Propertiesome Trust Days Payable Historical Data

The historical data trend for Office Propertiesome 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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Office Propertiesome Trust Days Payable Chart

Office Propertiesome Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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669.88

676.90

656.99

892.12

814.21

Office Propertiesome 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															836.90	790.58	923.21	774.17	725.61

Competitive Comparison of Office Propertiesome Trust's Days Payable

For the REIT - Office subindustry, Office Propertiesome 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.

Office Propertiesome Trust's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Office Propertiesome Trust's Days Payable falls into.

Office Propertiesome 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.

Office Propertiesome 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
=	( (140.151	+	140.166)	/	2 )	/	62.831	*	365
=	140.1585					/	62.831	*	365
=	814.21

Office Propertiesome 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
=	( (140.166	+	109.665)	/	2 )	/	15.709	*	365 / 4
=	124.9155					/	15.709	*	365 / 4
=	725.61

Office Propertiesome Trust Days Payable Related Terms

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Office Propertiesome Trust (Office Propertiesome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Office Properties Income Trust (NAS:OPI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GOKA:Germany GOKA:Germany

Address

255 Washington Street, Two Newton Place, Suite 300, Newton, MA, USA, 02458-1634

Website

https://www.opireit.com

Office Properties Income Trust is a United States-based real estate investment trust. Its property portfolio is mainly composed of single-tenant office buildings, as well as multitenant properties, which are leased to parties of high credit quality characteristics. Its largest tenant is the U.S. government, followed by other smaller government entities and corporations. The company's properties are spread across the United States.

Executives

Brian E. Donley	officer: CFO and Treasurer	C/O THE RMR GROUP LLC,, TWO NEWTON PL., 255 WASHINGTON ST., NEWTON MA 02458
Mark A. Talley	director	C/O THE RMR GROUP LLC, TWO NEWTON PALCE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer B Clark	director
Christopher J. Bilotto	officer: Vice President	C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Matthew C. Brown	officer: CFO and Treasurer	C/O OFFICE PROPERTIES INCOME TRUST, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Donna D. Fraiche	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
William A. Lamkin	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Jeffrey C. Leer	officer: CFO and Treasurer	C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Elena Poptodorova	director	TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Reit Commonwealth	10 percent owner	TWO NORTH RIVERSIDE PLAZA, SUITE 2000, CHICAGO IL 60606
Mark Lawrence Kleifges	officer: Treasurer and CFO	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
David M Blackman	officer: Treasurer and CFO	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Barry M. Portnoy	director, 10 percent owner	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
John L Harrington	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Adam D. Portnoy	director, 10 percent owner, officer: President	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458