RAM Essential Services Property Fund (ASX:REP) Days Sales Outstanding : 33.19 (As of Dec. 2023)

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What is RAM Essential Services Property Fund Days Sales Outstanding?

RAM Essential Services Property Fund's average Accounts Receivable for the six months ended in Dec. 2023 was A$4.92 Mil. RAM Essential Services Property Fund's Revenue for the six months ended in Dec. 2023 was A$27.04 Mil. Hence, RAM Essential Services Property Fund's Days Sales Outstanding for the six months ended in Dec. 2023 was 33.19.

The historical rank and industry rank for RAM Essential Services Property Fund's Days Sales Outstanding or its related term are showing as below:

ASX:REP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.67 Med: 28.14 Max: 32.61
Current: 30.74

During the past 2 years, RAM Essential Services Property Fund's highest Days Sales Outstanding was 32.61. The lowest was 23.67. And the median was 28.14.

ASX:REP's Days Sales Outstanding is ranked better than
66.8% of 509 companies
in the Asset Management industry
Industry Median: 49.96 vs ASX:REP: 30.74

RAM Essential Services Property Fund's Days Sales Outstanding increased from Dec. 2022 (15.03) to Dec. 2023 (33.19).

RAM Essential Services Property Fund Days Sales Outstanding Historical Data

The historical data trend for RAM Essential Services Property Fund'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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RAM Essential Services Property Fund Days Sales Outstanding Chart

RAM Essential Services Property Fund Annual Data

Trend

Jun22

Jun23

Days Sales Outstanding

23.67

32.61

RAM Essential Services Property Fund Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	57.21	18.57	15.03	38.52	33.19

Competitive Comparison of RAM Essential Services Property Fund's Days Sales Outstanding

For the Asset Management subindustry, RAM Essential Services Property Fund'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.

RAM Essential Services Property Fund's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RAM Essential Services Property Fund's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where RAM Essential Services Property Fund's Days Sales Outstanding falls into.

RAM Essential Services Property Fund 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.

RAM Essential Services Property Fund'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
=	( (2.368	+	6.633)	/	2 )	/	50.368	*	365
=	4.5005					/	50.368	*	365
=	32.61

RAM Essential Services Property Fund'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (6.633	+	3.203)	/	2 )	/	27.039	*	365 / 2
=	4.918					/	27.039	*	365 / 2
=	33.19

RAM Essential Services Property Fund (ASX:REP) Days Sales Outstanding Explanation

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

RAM Essential Services Property Fund Days Sales Outstanding Related Terms

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RAM Essential Services Property Fund (ASX:REP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RAM Essential Services Property Fund (ASX:REP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Australia Square 264 George Street, Suite 3201, Level 32, Sydney, NSW, AUS, 2000

Website

https://www.ramgroup.com

RAM Essential Services Property Fund invests in high-quality Australian medical and essential retail real estate assets, leased to essential services tenants. Its objective is to provide investors with stable and secure income with the potential for both income and capital growth through exposure to high quality, defensive portfolio of assets with favourable sector trends.

RAM Essential Services Property Fund (ASX:REP) Headlines

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