Flagship Communities REIT (TSX:MHC.U) Days Sales Outstanding : 3.30 (As of Mar. 2024)

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What is Flagship Communities REIT Days Sales Outstanding?

Flagship Communities REIT's average Accounts Receivable for the three months ended in Mar. 2024 was $0.72 Mil. Flagship Communities REIT's Revenue for the three months ended in Mar. 2024 was $19.92 Mil. Hence, Flagship Communities REIT's Days Sales Outstanding for the three months ended in Mar. 2024 was 3.30.

The historical rank and industry rank for Flagship Communities REIT's Days Sales Outstanding or its related term are showing as below:

TSX:MHC.U' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.47 Med: 4.44 Max: 5.65
Current: 3.47

During the past 6 years, Flagship Communities REIT's highest Days Sales Outstanding was 5.65. The lowest was 3.47. And the median was 4.44.

TSX:MHC.U's Days Sales Outstanding is ranked better than
90.88% of 614 companies
in the REITs industry
Industry Median: 23.15 vs TSX:MHC.U: 3.47

Flagship Communities REIT's Days Sales Outstanding declined from Mar. 2023 (3.67) to Mar. 2024 (3.30).

Flagship Communities REIT Days Sales Outstanding Historical Data

The historical data trend for Flagship Communities 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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Flagship Communities REIT Days Sales Outstanding Chart

Flagship Communities REIT Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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5.65

4.78

4.09

3.81

Flagship Communities REIT Quarterly Data
	Dec18	Jun19	Dec19	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														3.67	3.43	3.65	3.75	3.30

Competitive Comparison of Flagship Communities REIT's Days Sales Outstanding

For the REIT - Residential subindustry, Flagship Communities 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.

Flagship Communities REIT's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Flagship Communities REIT's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Flagship Communities REIT's Days Sales Outstanding falls into.

Flagship Communities 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.

Flagship Communities REIT'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
=	( (0.717	+	0.765)	/	2 )	/	71.052	*	365
=	0.741					/	71.052	*	365
=	3.81

Flagship Communities REIT'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
=	( (0.765	+	0.677)	/	2 )	/	19.92	*	365 / 4
=	0.721					/	19.92	*	365 / 4
=	3.30

Flagship Communities REIT (TSX:MHC.U) Days Sales Outstanding Explanation

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

Flagship Communities REIT Days Sales Outstanding Related Terms

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Flagship Communities REIT (TSX:MHC.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Flagship Communities REIT (TSX:MHC.U) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MHCUF:USA MHC.UN:Canada

Address

467 Erlanger Road, Erlanger, KY, USA, 41018

Website

https://www.flagshipcommunities.com

Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions. The company owns, manages and operates multifamily properties located in the United States.

Flagship Communities REIT (TSX:MHC.U) Headlines

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