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Westfield (Westfield) Days Sales Outstanding : 48.19 (As of Dec. 2017)


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What is Westfield Days Sales Outstanding?

Westfield's average Accounts Receivable for the six months ended in Dec. 2017 was $117.6 Mil. Westfield's Revenue for the six months ended in Dec. 2017 was $445.3 Mil. Hence, Westfield's Days Sales Outstanding for the six months ended in Dec. 2017 was 48.19.

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

WFGPY's Days Sales Outstanding is not ranked *
in the REITs industry.
Industry Median: 22.29
* Ranked among companies with meaningful Days Sales Outstanding only.

Westfield's Days Sales Outstanding declined from Dec. 2016 (60.07) to Dec. 2017 (48.19).


Westfield Days Sales Outstanding Historical Data

The historical data trend for Westfield'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.

Westfield Days Sales Outstanding Chart

Westfield Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.94 33.12 8.62 10.90 13.64

Westfield Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 47.71 75.20 60.07 62.70 48.19

Competitive Comparison of Westfield's Days Sales Outstanding

For the REIT - Retail subindustry, Westfield'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.


Westfield's Days Sales Outstanding Distribution in the REITs Industry

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

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



Westfield 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.

Westfield's Days Sales Outstanding for the fiscal year that ended in Dec. 2017 is calculated as

Days Sales Outstanding (A: Dec. 2017 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count ) / Revenue (A: Dec. 2017 )*Days in Period
=( (22.949 + 34.894) / 2 ) / 773.739*365
=28.9215 / 773.739*365
=13.64

Westfield's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding (Q: Dec. 2017 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2017 ) + Accounts Receivable (A: Dec. 2017 )) / count ) / Revenue (A: Dec. 2017 )*Days in Period
=( (200.318 + 34.894) / 2 ) / 445.347*365 / 2
=117.606 / 445.347*365 / 2
=48.19

* 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.


Westfield  (OTCPK:WFGPY) Days Sales Outstanding Explanation

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


Westfield Days Sales Outstanding Related Terms

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Westfield (Westfield) Business Description

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Westfield is one of the largest global retail REITs, with interests in 35 malls with a gross value of USD 21.4 billion and external assets under management of USD 13 billion. Westfield's passive investments generate about 80% of group EBIT, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, and aims to make each of its assets into a destination centre, with comprehensive entertainment facilities and premium retailers.

Westfield (Westfield) Headlines

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