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Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Days Sales Outstanding : 136.58 (As of Dec. 2023)


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What is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Days Sales Outstanding?

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's average Accounts Receivable for the six months ended in Dec. 2023 was R$31.64 Mil. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Revenue for the six months ended in Dec. 2023 was R$84.54 Mil. Hence, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Sales Outstanding for the six months ended in Dec. 2023 was 68.29.

The historical rank and industry rank for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Sales Outstanding or its related term are showing as below:

BSP:MFII11' s Days Sales Outstanding Range Over the Past 10 Years
Min: 136.58   Med: 244.62   Max: 304.13
Current: 136.58

During the past 3 years, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's highest Days Sales Outstanding was 304.13. The lowest was 136.58. And the median was 244.62.

BSP:MFII11's Days Sales Outstanding is ranked worse than
90.28% of 617 companies
in the REITs industry
Industry Median: 22.44 vs BSP:MFII11: 136.58

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Sales Outstanding declined from Dec. 2021 (304.13) to Dec. 2023 (136.58).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Days Sales Outstanding Historical Data

The historical data trend for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Days Sales Outstanding Chart

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23
Days Sales Outstanding
304.13 244.62 136.58

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23
Days Sales Outstanding 304.13 244.62 136.58

Competitive Comparison of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Sales Outstanding

For the REIT - Diversified subindustry, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Days Sales Outstanding falls into.



Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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
=( (30.494 + 32.777) / 2 ) / 84.542*365
=31.6355 / 84.542*365
=136.58

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (30.494 + 32.777) / 2 ) / 84.542*365 / 2
=31.6355 / 84.542*365 / 2
=68.29

* 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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario  (BSP:MFII11) Days Sales Outstanding Explanation

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


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Days Sales Outstanding Related Terms

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Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Business Description

Traded in Other Exchanges
Address
Rua Funchal, 418 - 21 andar, Sao Paulo, SP, BRA, 04548-004
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is a real estate investment trust. It is engaged in the acquisition of interests in real estate development projects developed in partnership with developers.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Headlines

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