GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NTT UD Reit Investment Corp (TSE:8956) » Definitions » Days Payable

NTT UD Reit Investment (TSE:8956) Days Payable : 400.39 (As of Oct. 2023)


View and export this data going back to 2002. Start your Free Trial

What is NTT UD Reit Investment Days Payable?

NTT UD Reit Investment's average Accounts Payable for the six months ended in Oct. 2023 was 円13,034 Mil. NTT UD Reit Investment's Cost of Goods Sold for the six months ended in Oct. 2023 was 円5,941 Mil. Hence, NTT UD Reit Investment's Days Payable for the six months ended in Oct. 2023 was 400.39.

The historical rank and industry rank for NTT UD Reit Investment's Days Payable or its related term are showing as below:

TSE:8956' s Days Payable Range Over the Past 10 Years
Min: 274.79   Med: 709.52   Max: 1277.74
Current: 522.79

During the past 13 years, NTT UD Reit Investment's highest Days Payable was 1277.74. The lowest was 274.79. And the median was 709.52.

TSE:8956's Days Payable is ranked better than
89.46% of 522 companies
in the REITs industry
Industry Median: 128.505 vs TSE:8956: 522.79

NTT UD Reit Investment's Days Payable declined from Oct. 2022 (985.87) to Oct. 2023 (400.39). It may suggest that NTT UD Reit Investment accelerated paying its suppliers.


NTT UD Reit Investment Days Payable Historical Data

The historical data trend for NTT UD Reit Investment'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.

NTT UD Reit Investment Days Payable Chart

NTT UD Reit Investment Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 279.95 274.79 594.99 772.34 574.55

NTT UD Reit Investment Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 638.91 907.34 985.87 590.39 400.39

Competitive Comparison of NTT UD Reit Investment's Days Payable

For the REIT - Diversified subindustry, NTT UD Reit Investment'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.


NTT UD Reit Investment's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NTT UD Reit Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where NTT UD Reit Investment's Days Payable falls into.



NTT UD Reit Investment 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.

NTT UD Reit Investment's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

Days Payable (A: Oct. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2022 ) + Accounts Payable (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (25815.439 + 12197.741) / 2 ) / 12074.475*365
=19006.59 / 12074.475*365
=574.55

NTT UD Reit Investment's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

Days Payable (Q: Oct. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2023 ) + Accounts Payable (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (13869.656 + 12197.741) / 2 ) / 5940.833*365 / 2
=13033.6985 / 5940.833*365 / 2
=400.39

* 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.


NTT UD Reit Investment Days Payable Related Terms

Thank you for viewing the detailed overview of NTT UD Reit Investment's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


NTT UD Reit Investment (TSE:8956) Business Description

Traded in Other Exchanges
N/A
Address
1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.

NTT UD Reit Investment (TSE:8956) Headlines

No Headlines