Stor-Age Property REIT (JSE:SSS) Days Sales Outstanding : 20.32 (As of Sep. 2023)

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What is Stor-Age Property REIT Days Sales Outstanding?

Stor-Age Property REIT's average Accounts Receivable for the six months ended in Sep. 2023 was R71 Mil. Stor-Age Property REIT's Revenue for the six months ended in Sep. 2023 was R639 Mil. Hence, Stor-Age Property REIT's Days Sales Outstanding for the six months ended in Sep. 2023 was 20.32.

The historical rank and industry rank for Stor-Age Property REIT's Days Sales Outstanding or its related term are showing as below:

JSE:SSS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.62 Med: 36.7 Max: 68.87
Current: 29.8

During the past 8 years, Stor-Age Property REIT's highest Days Sales Outstanding was 68.87. The lowest was 6.62. And the median was 36.70.

JSE:SSS's Days Sales Outstanding is ranked worse than
57.72% of 615 companies
in the REITs industry
Industry Median: 22.43 vs JSE:SSS: 29.80

Stor-Age Property REIT's Days Sales Outstanding declined from Sep. 2022 (29.90) to Sep. 2023 (20.32).

Stor-Age Property REIT Days Sales Outstanding Historical Data

The historical data trend for Stor-Age Property REIT'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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Stor-Age Property REIT Days Sales Outstanding Chart

Stor-Age Property REIT Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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62.87

68.87

36.51

6.62

7.36

Stor-Age Property REIT Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial											25.98	23.71	29.90	28.70	20.32

Competitive Comparison of Stor-Age Property REIT's Days Sales Outstanding

For the REIT - Industrial subindustry, Stor-Age Property REIT'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.

Stor-Age Property REIT's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Stor-Age Property REIT's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Stor-Age Property REIT's Days Sales Outstanding falls into.

Stor-Age Property REIT 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.

Stor-Age Property REIT's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (18.798	+	25.852)	/	2 )	/	1106.738	*	365
=	22.325					/	1106.738	*	365
=	7.36

Stor-Age Property REIT's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (25.852	+	116.474)	/	2 )	/	639.252	*	365 / 2
=	71.163					/	639.252	*	365 / 2
=	20.32

Stor-Age Property REIT (JSE:SSS) Days Sales Outstanding Explanation

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

Stor-Age Property REIT Days Sales Outstanding Related Terms

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Stor-Age Property REIT (JSE:SSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Stor-Age Property REIT Ltd (JSE:SSS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

216 Main Road, Claremont, Cape Town, WC, ZAF, 7708

Website

https://www.stor-age.co.za

Stor-Age Property REIT Ltd developed, acquired, and managed self storage properties across South Africa. Its geographical segments include Western Cape; Gauteng; Free State and KwaZuluNatal, Eastern Cape. The company derives a majority of revenue from the Gauteng region.

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