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Growthpoint Properties Australia (ASX:GOZ) Days Sales Outstanding : 9.06 (As of Dec. 2023)


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What is Growthpoint Properties Australia Days Sales Outstanding?

Growthpoint Properties Australia's average Accounts Receivable for the six months ended in Dec. 2023 was A$8.0 Mil. Growthpoint Properties Australia's Revenue for the six months ended in Dec. 2023 was A$160.2 Mil. Hence, Growthpoint Properties Australia's Days Sales Outstanding for the six months ended in Dec. 2023 was 9.06.

The historical rank and industry rank for Growthpoint Properties Australia's Days Sales Outstanding or its related term are showing as below:

ASX:GOZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.77   Med: 2.33   Max: 11.97
Current: 11.97

During the past 13 years, Growthpoint Properties Australia's highest Days Sales Outstanding was 11.97. The lowest was 0.77. And the median was 2.33.

ASX:GOZ's Days Sales Outstanding is ranked better than
66.02% of 621 companies
in the REITs industry
Industry Median: 22.29 vs ASX:GOZ: 11.97

Growthpoint Properties Australia's Days Sales Outstanding declined from Dec. 2022 (9.28) to Dec. 2023 (9.06).


Growthpoint Properties Australia Days Sales Outstanding Historical Data

The historical data trend for Growthpoint Properties Australia'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.

Growthpoint Properties Australia Days Sales Outstanding Chart

Growthpoint Properties Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 1.48 2.40 2.94 2.25

Growthpoint Properties Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7.29 7.31 9.28 9.66 9.06

Competitive Comparison of Growthpoint Properties Australia's Days Sales Outstanding

For the REIT - Diversified subindustry, Growthpoint Properties Australia'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.


Growthpoint Properties Australia's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Growthpoint Properties Australia's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Growthpoint Properties Australia's Days Sales Outstanding falls into.



Growthpoint Properties Australia 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.

Growthpoint Properties Australia'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
=( (2.8 + 1.3) / 2 ) / 332.9*365
=2.05 / 332.9*365
=2.25

Growthpoint Properties Australia'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
=( (1.3 + 14.6) / 2 ) / 160.2*365 / 2
=7.95 / 160.2*365 / 2
=9.06

* 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.


Growthpoint Properties Australia  (ASX:GOZ) Days Sales Outstanding Explanation

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


Growthpoint Properties Australia Days Sales Outstanding Related Terms

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Growthpoint Properties Australia (ASX:GOZ) Business Description

Traded in Other Exchanges
Address
Level 18, 101 Collins Street, Melbourne, VIC, AUS, 3000
Growthpoint Properties is an internally managed Australian REIT, with commercial property investments split circa 65/35 between Australian office and industrial assets. Historically the REIT did not undertake funds management activities but it purchased fund manager Fortius in September 2022. The REIT usually limits speculative property development, though it built an office development in suburban Melbourne. The asset was completely vacant on completion, but Growthpoint was able to attract tenants and it is now occupied.

Growthpoint Properties Australia (ASX:GOZ) Headlines

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