Lead Real Estate Co (Lead Real Estate Co) Days Sales Outstanding

: 6.12 (As of Jun. 2023)

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Lead Real Estate Co's average Accounts Receivable for the six months ended in Jun. 2023 was $2.4 Mil. Lead Real Estate Co's Revenue for the six months ended in Jun. 2023 was $71.3 Mil. Hence, Lead Real Estate Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 6.12.

The historical rank and industry rank for Lead Real Estate Co's Days Sales Outstanding or its related term are showing as below:

LRE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.51 Med: 8.98 Max: 10.15
Current: 6.51

During the past 4 years, Lead Real Estate Co's highest Days Sales Outstanding was 10.15. The lowest was 6.51. And the median was 8.98.

LRE's Days Sales Outstanding is ranked better than
82.19% of 1668 companies
in the Real Estate industry
Industry Median: 36.545 vs LRE: 6.51

Lead Real Estate Co's Days Sales Outstanding declined from Jun. 2022 (10.93) to Jun. 2023 (6.12).

Lead Real Estate Co Days Sales Outstanding Historical Data

The historical data trend for Lead Real Estate Co'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.

Lead Real Estate Co Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

7.92

10.15

10.04

7.78

Lead Real Estate Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding			11.82	12.29	10.93	5.73	6.12

Competitive Comparison

For the Real Estate - Development subindustry, Lead Real Estate Co'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.

Lead Real Estate Co Days Sales Outstanding Distribution

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

* The bar in red indicates where Lead Real Estate Co's Days Sales Outstanding falls into.

Lead Real Estate Co 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.

Lead Real Estate Co's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1.949	+	3.308)	/	2 )	/	123.391	*	365
=	2.6285					/	123.391	*	365
=	7.78

Lead Real Estate Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1.474	+	3.308)	/	2 )	/	71.326	*	365 / 2
=	2.391					/	71.326	*	365 / 2
=	6.12

Lead Real Estate Co (NAS:LRE) Days Sales Outstanding Explanation

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

Lead Real Estate Co Days Sales Outstanding Related Terms

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Lead Real Estate Co (Lead Real Estate Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lead Real Estate Co Ltd (NAS:LRE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nampeidai-cho, Shibuya-ku, 6th Floor, MFPR Shibuya Nanpeidai Building 16-11, Tokyo, JPN, 150-0036

Website

https://www.lead-real.co.jp

Lead Real Estate Co Ltd operates as a developer of luxury residential properties, including single-family homes and condominiums, across Tokyo and Kanagawa prefecture. It operates hotels in Tokyo and leases apartment building units to individual customers in Japan and Dallas, Texas. It generates revenue from developing and selling single-family homes and condominiums. The company's primary and sole operating segment is real estate sales.

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