Japan Hotel REIT Investment (TSE:8985) Days Payable : 0.00 (As of Dec. 2023)

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What is Japan Hotel REIT Investment Days Payable?

Japan Hotel REIT Investment's average Accounts Payable for the six months ended in Dec. 2023 was 円1,974 Mil. Japan Hotel REIT Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was 円0 Mil.

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

TSE:8985' s Days Payable Range Over the Past 10 Years
Min: 23.01 Med: 62.35 Max: 183.53
Current: 183.53

During the past 13 years, Japan Hotel REIT Investment's highest Days Payable was 183.53. The lowest was 23.01. And the median was 62.35.

TSE:8985's Days Payable is ranked better than
64.75% of 522 companies
in the REITs industry
Industry Median: 128.345 vs TSE:8985: 183.53

Japan Hotel REIT Investment's Days Payable declined from Dec. 2022 (71.87) to Dec. 2023 (0.00). It may suggest that Japan Hotel REIT Investment accelerated paying its suppliers.

Japan Hotel REIT Investment Days Payable Historical Data

The historical data trend for Japan Hotel 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.

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Japan Hotel REIT Investment Days Payable Chart

Japan Hotel REIT Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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69.50

86.67

84.35

90.04

Japan Hotel REIT Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															55.38	45.49	71.87	64.70	-

Competitive Comparison of Japan Hotel REIT Investment's Days Payable

For the REIT - Hotel & Motel subindustry, Japan Hotel 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.

Japan Hotel REIT Investment's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where Japan Hotel REIT Investment's Days Payable falls into.

Japan Hotel 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.

Japan Hotel REIT Investment'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
=	( (2913	+	3636)	/	2 )	/	0	*	365
=	3274.5					/	0	*	365
=	N/A

Japan Hotel REIT Investment's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (312.458	+	3636)	/	2 )	/	0	*	365 / 2
=	1974.229					/	0	*	365 / 2
=	N/A

Japan Hotel REIT Investment Days Payable Related Terms

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Japan Hotel REIT Investment (TSE:8985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Japan Hotel REIT Investment Corp (TSE:8985) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NIPOF:USA

Address

2-6-2, Hamamatsu-cho, Minato-ku, Tokyo, JPN, 105-0013

Website

http://www.jhrth.co.jp

Japan Hotel REIT Investment Corp is a real estate investment trust. It aims to achieve stable earnings and sustainable growth in the asset from mid- to long-term perspectives. The company invests in business hotels, resort hotels and city hotels mainly located in the major metropolitan areas and other cities of Japan.

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