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Highwoods Properties (Highwoods Properties) Days Sales Outstanding : 81.04 (As of Mar. 2024)


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What is Highwoods Properties Days Sales Outstanding?

Highwoods Properties's average Accounts Receivable for the three months ended in Mar. 2024 was $187.6 Mil. Highwoods Properties's Revenue for the three months ended in Mar. 2024 was $211.3 Mil. Hence, Highwoods Properties's Days Sales Outstanding for the three months ended in Mar. 2024 was 81.04.

The historical rank and industry rank for Highwoods Properties's Days Sales Outstanding or its related term are showing as below:

HIW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.72   Med: 110.26   Max: 135.46
Current: 119.26

During the past 13 years, Highwoods Properties's highest Days Sales Outstanding was 135.46. The lowest was 11.72. And the median was 110.26.

HIW's Days Sales Outstanding is ranked worse than
88.73% of 621 companies
in the REITs industry
Industry Median: 22.29 vs HIW: 119.26

Highwoods Properties's Days Sales Outstanding increased from Mar. 2023 (75.51) to Mar. 2024 (81.04).


Highwoods Properties Days Sales Outstanding Historical Data

The historical data trend for Highwoods Properties's Days Sales Outstanding 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.

Highwoods Properties Days Sales Outstanding Chart

Highwoods Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.51 135.46 135.26 67.77 11.72

Highwoods Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding 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 75.51 143.28 145.01 79.83 81.04

Competitive Comparison of Highwoods Properties's Days Sales Outstanding

For the REIT - Office subindustry, Highwoods Properties's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.


Highwoods Properties's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Highwoods Properties's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Highwoods Properties's Days Sales Outstanding falls into.



Highwoods Properties Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Highwoods Properties's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (25.481 + 28.094) / 2 ) / 833.997*365
=26.7875 / 833.997*365
=11.72

Highwoods Properties's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (28.094 + 347.174) / 2 ) / 211.275*365 / 4
=187.634 / 211.275*365 / 4
=81.04

* 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.


Highwoods Properties  (NYSE:HIW) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Highwoods Properties Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Highwoods Properties's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Highwoods Properties (Highwoods Properties) Business Description

Traded in Other Exchanges
N/A
Address
150 Fayetteville Street, Suite 1400, Raleigh, NC, USA, 27601
Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.
Executives
Brian M Leary officer: EVP & COO 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Theodore J Klinck officer: VP/Chief Investment Officer 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Brendan C Maiorana officer: EVP of Finance & IR 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Jeffrey Douglas Miller officer: General Counsel & Sec. 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
David L Gadis director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Mark F Mulhern director 410 S. WILMINGTON STREET, RALEIGH NC 27601
David John Hartzell director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Thomas P Anderson director 3751 GRISSOM PARKWAY, SUITE 100, MYRTLE BEACH SC 29577
Carlos E Evans director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Anne H Lloyd director
Sherry A Kellett director
Edward J Fritsch director, officer: EVP & COO
Kevin E Penn officer: VP/Chief Strategy & Admin 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Michael E Harris officer: Sr. Vice President
Terry L Stevens officer: VP, CFO & Treasurer 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604

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