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Vukile Property Fund (JSE:VKE) Days Sales Outstanding : 20.50 (As of Sep. 2023)


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What is Vukile Property Fund Days Sales Outstanding?

Vukile Property Fund's average Accounts Receivable for the six months ended in Sep. 2023 was R225 Mil. Vukile Property Fund's Revenue for the six months ended in Sep. 2023 was R2,003 Mil. Hence, Vukile Property Fund's Days Sales Outstanding for the six months ended in Sep. 2023 was 20.50.

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

JSE:VKE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.06   Med: 13.88   Max: 25.65
Current: 25.65

During the past 13 years, Vukile Property Fund's highest Days Sales Outstanding was 25.65. The lowest was 7.06. And the median was 13.88.

JSE:VKE's Days Sales Outstanding is ranked worse than
52.28% of 614 companies
in the REITs industry
Industry Median: 23.15 vs JSE:VKE: 25.65

Vukile Property Fund's Days Sales Outstanding declined from Sep. 2022 (26.02) to Sep. 2023 (20.50).


Vukile Property Fund Days Sales Outstanding Historical Data

The historical data trend for Vukile 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.

* Premium members only.

Vukile Property Fund Days Sales Outstanding Chart

Vukile Property Fund Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.27 13.29 18.13 18.54 16.69

Vukile Property Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 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 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 33.61 33.67 26.02 26.05 20.50

Competitive Comparison of Vukile Property Fund's Days Sales Outstanding

For the REIT - Retail subindustry, Vukile 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.


Vukile Property Fund's Days Sales Outstanding Distribution in the REITs Industry

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

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



Vukile 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.

Vukile Property Fund'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
=( (171 + 163) / 2 ) / 3652*365
=167 / 3652*365
=16.69

Vukile Property Fund'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
=( (163 + 287) / 2 ) / 2003*365 / 2
=225 / 2003*365 / 2
=20.50

* 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.


Vukile Property Fund  (JSE:VKE) Days Sales Outstanding Explanation

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


Vukile Property Fund Days Sales Outstanding Related Terms

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Vukile Property Fund (JSE:VKE) Business Description

Traded in Other Exchanges
Address
11 9th Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue primarily from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also significant portfolio constituents. The majority of the company's tenants are large, listed national companies and major franchises, with the remainder comprising government and midsize to large professional firms.

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