Nippon Prologis REIT (TSE:3283) Days Payable : 28.32 (As of Nov. 2023)

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What is Nippon Prologis REIT Days Payable?

Nippon Prologis REIT's average Accounts Payable for the six months ended in Nov. 2023 was 円2,227 Mil. Nippon Prologis REIT's Cost of Goods Sold for the six months ended in Nov. 2023 was 円14,351 Mil. Hence, Nippon Prologis REIT's Days Payable for the six months ended in Nov. 2023 was 28.32.

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

TSE:3283' s Days Payable Range Over the Past 10 Years
Min: 16.54 Med: 33.74 Max: 35.96
Current: 28.75

During the past 10 years, Nippon Prologis REIT's highest Days Payable was 35.96. The lowest was 16.54. And the median was 33.74.

TSE:3283's Days Payable is ranked worse than
84.21% of 532 companies
in the REITs industry
Industry Median: 125.385 vs TSE:3283: 28.75

Nippon Prologis REIT's Days Payable increased from May. 2022 (23.85) to Nov. 2023 (28.32). It may suggest that Nippon Prologis REIT delayed paying its suppliers.

Nippon Prologis REIT Days Payable Historical Data

The historical data trend for Nippon Prologis 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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Nippon Prologis REIT Days Payable Chart

Nippon Prologis REIT Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov23

Days Payable

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33.85

33.97

35.96

34.77

30.71

Nippon Prologis REIT Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	May23	Nov23
Days Payable	Get a 7-Day Free Trial															30.83	27.94	23.85	20.63	28.32

Competitive Comparison of Nippon Prologis REIT's Days Payable

For the REIT - Industrial subindustry, Nippon Prologis 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.

Nippon Prologis REIT's Days Payable Distribution in the REITs Industry

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

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

Nippon Prologis 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.

Nippon Prologis REIT's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2021 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (2024.289	+	2733.012)	/	2 )	/	28268.885	*	365
=	2378.6505					/	28268.885	*	365
=	30.71

Nippon Prologis REIT's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (1720.847	+	2733.012)	/	2 )	/	14350.74	*	365 / 2
=	2226.9295					/	14350.74	*	365 / 2
=	28.32

Nippon Prologis REIT Days Payable Related Terms

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Nippon Prologis REIT (TSE:3283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Prologis REIT Inc (TSE:3283) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tokyo Building 21F, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6421

Website

http://www.prologis-reit.co.jp

Nippon Prologis REIT Inc is a Japanese real estate investment trust primarily involved in owning, operating, and developing logistics facilities in Japan's major urban markets. The company's real estate portfolio is comprised mainly of large, multitenant warehouse facilities located near transportation hubs and population clusters. Nippon Prologis also operates a sizable number of build-to-suit facilities with similar physical specifications to its other buildings. The majority of the company's properties are located in the Greater Tokyo area, while a significant percentage are located in the Greater Osaka area as well. Nippon Prologis derives nearly all of its income from rental revenue. Its customers include a variety of logistics, distribution, transportation, and industrial companies.

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