Crombie Real Estate Investment Trust (Crombie Real Estate Investment Trust) Days Sales Outstanding : 14.60 (As of Mar. 2024)

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What is Crombie Real Estate Investment Trust Days Sales Outstanding?

Crombie Real Estate Investment Trust's average Accounts Receivable for the three months ended in Mar. 2024 was $14.1 Mil. Crombie Real Estate Investment Trust's Revenue for the three months ended in Mar. 2024 was $88.2 Mil. Hence, Crombie Real Estate Investment Trust's Days Sales Outstanding for the three months ended in Mar. 2024 was 14.60.

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

CROMF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.43 Med: 10.51 Max: 26.2
Current: 16.03

During the past 13 years, Crombie Real Estate Investment Trust's highest Days Sales Outstanding was 26.20. The lowest was 7.43. And the median was 10.51.

CROMF's Days Sales Outstanding is ranked better than
58.73% of 613 companies
in the REITs industry
Industry Median: 23.14 vs CROMF: 16.03

Crombie Real Estate Investment Trust's Days Sales Outstanding declined from Mar. 2023 (15.78) to Mar. 2024 (14.60).

Crombie Real Estate Investment Trust Days Sales Outstanding Historical Data

The historical data trend for Crombie Real Estate Investment Trust'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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Crombie Real Estate Investment Trust Days Sales Outstanding Chart

Crombie Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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10.44

22.77

26.19

19.29

14.90

Crombie Real Estate Investment Trust 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															15.78	18.00	18.78	13.16	14.60

Competitive Comparison of Crombie Real Estate Investment Trust's Days Sales Outstanding

For the REIT - Diversified subindustry, Crombie Real Estate Investment Trust'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.

Crombie Real Estate Investment Trust's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Crombie Real Estate Investment Trust's Days Sales Outstanding falls into.

Crombie Real Estate Investment Trust 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.

Crombie Real Estate Investment Trust'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
=	( (14.219	+	12.827)	/	2 )	/	331.223	*	365
=	13.523					/	331.223	*	365
=	14.90

Crombie Real Estate Investment Trust'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
=	( (12.827	+	15.381)	/	2 )	/	88.178	*	365 / 4
=	14.104					/	88.178	*	365 / 4
=	14.60

Crombie Real Estate Investment Trust (OTCPK:CROMF) Days Sales Outstanding Explanation

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

Crombie Real Estate Investment Trust Days Sales Outstanding Related Terms

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Crombie Real Estate Investment Trust (Crombie Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crombie Real Estate Investment Trust (OTCPK:CROMF) » Definitions » Days Sales Outstanding

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CRR.UN:Canada

Address

610 East River Road, Suite 200, New Glasgow, NS, CAN, B2H 3S2

Website

https://www.crombiereit.ca

Crombie Real Estate Investment Trust is a Canada-based open-end REIT that focuses on the retail industry. The company invests, operates, and develops a portfolio of grocery-store- and drugstore-anchored shopping centres, freestanding stores, offices, and mixed-use developments. The properties are located primarily in Canada's urban and suburban markets. Crombie's major tenants include retailers such as Sobeys, Shoppers Drug Mart, Cineplex, and Province of Nova Scotia. The company's property portfolio includes Aberdeen Business Centre, Barrington Place, Brunswick Place, Kenmount Business Centre, Barrington Tower, CIBC Building, Amherst Centre, Avalon Mall, County Fair Mall, and others.