Simon Property Group (Simon Property Group) Days Sales Outstanding : 47.31 (As of Dec. 2023)

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What is Simon Property Group Days Sales Outstanding?

Simon Property Group's average Accounts Receivable for the three months ended in Dec. 2023 was $791.87 Mil. Simon Property Group's Revenue for the three months ended in Dec. 2023 was $1,527.44 Mil. Hence, Simon Property Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.31.

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

SPGpJ.PFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.24 Med: 49.66 Max: 81.95
Current: 50.64

During the past 13 years, Simon Property Group's highest Days Sales Outstanding was 81.95. The lowest was 41.24. And the median was 49.66.

SPGpJ.PFD's Days Sales Outstanding is ranked worse than
72.45% of 617 companies
in the REITs industry
Industry Median: 22.44 vs SPGpJ.PFD: 50.64

Simon Property Group's Days Sales Outstanding declined from Dec. 2022 (52.74) to Dec. 2023 (47.31).

Simon Property Group Days Sales Outstanding Historical Data

The historical data trend for Simon Property Group'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.

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Simon Property Group Days Sales Outstanding Chart

Simon Property Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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50.61

81.95

76.91

60.12

53.20

Simon Property Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															52.74	54.15	50.56	48.37	47.31

Competitive Comparison of Simon Property Group's Days Sales Outstanding

For the REIT - Retail subindustry, Simon Property Group'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.

Simon Property Group's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Simon Property Group's Days Sales Outstanding falls into.

Simon Property Group 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.

Simon Property Group'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
=	( (823.54	+	826.126)	/	2 )	/	5658.836	*	365
=	824.833					/	5658.836	*	365
=	53.20

Simon Property Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (757.612	+	826.126)	/	2 )	/	1527.438	*	365 / 4
=	791.869					/	1527.438	*	365 / 4
=	47.31

Simon Property Group (NYSE:SPGpJ.PFD) Days Sales Outstanding Explanation

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

Simon Property Group Days Sales Outstanding Related Terms

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Simon Property Group (Simon Property Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Simon Property Group Inc (NYSE:SPGpJ.PFD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SPG:USA SPG:Mexico 1SPG:Italy SQI:Germany SIMN34:Brazil SPGR:Austria

Address

225 West Washington Street, Indianapolis, IN, USA, 46204

Website

https://www.simon.com

Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.