First Capital REIT (TSX:FCR.UN) Days Payable : 146.01 (As of Mar. 2024)

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What is First Capital REIT Days Payable?

First Capital REIT's average Accounts Payable for the three months ended in Mar. 2024 was C$113.1 Mil. First Capital REIT's Cost of Goods Sold for the three months ended in Mar. 2024 was C$70.7 Mil. Hence, First Capital REIT's Days Payable for the three months ended in Mar. 2024 was 146.01.

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

TSX:FCR.UN' s Days Payable Range Over the Past 10 Years
Min: 145.16 Med: 159.18 Max: 167.77
Current: 164.73

During the past 13 years, First Capital REIT's highest Days Payable was 167.77. The lowest was 145.16. And the median was 159.18.

TSX:FCR.UN's Days Payable is ranked better than
59.85% of 523 companies
in the REITs industry
Industry Median: 126.29 vs TSX:FCR.UN: 164.73

First Capital REIT's Days Payable declined from Mar. 2023 (150.09) to Mar. 2024 (146.01). It may suggest that First Capital REIT accelerated paying its suppliers.

First Capital REIT Days Payable Historical Data

The historical data trend for First Capital 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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First Capital REIT Days Payable Chart

First Capital REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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148.84

149.43

167.73

167.77

167.42

First Capital REIT 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															150.09	169.70	181.87	170.93	146.01

Competitive Comparison of First Capital REIT's Days Payable

For the REIT - Retail subindustry, First Capital 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.

First Capital REIT's Days Payable Distribution in the REITs Industry

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

* The bar in red indicates where First Capital REIT's Days Payable falls into.

First Capital 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.

First Capital REIT'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
=	( (125.408	+	115.605)	/	2 )	/	262.724	*	365
=	120.5065					/	262.724	*	365
=	167.42

First Capital REIT'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
=	( (115.605	+	110.58)	/	2 )	/	70.676	*	365 / 4
=	113.0925					/	70.676	*	365 / 4
=	146.01

First Capital REIT Days Payable Related Terms

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First Capital REIT (TSX:FCR.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » First Capital REIT (TSX:FCR.UN) » Definitions » Days Payable

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FCXXF:USA

Address

85 Hanna Avenue, Suite 400, King Liberty Village, Toronto, ON, CAN, M6K 3S3

Website

https://www.fcr.ca

First Capital REIT is a developer, owner and operator of mixed-use urban real estate in Canada's populated centres. The company's focus is on creating thriving neighbourhoods that create value for businesses, residents, communities and investors.

First Capital REIT (TSX:FCR.UN) Headlines

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