CT Real Estate Investment Trust (CT Real Estate Investment Trust) Days Sales Outstanding : 2.84 (As of Dec. 2023)

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What is CT Real Estate Investment Trust Days Sales Outstanding?

CT Real Estate Investment Trust's average Accounts Receivable for the three months ended in Dec. 2023 was $3.2 Mil. CT Real Estate Investment Trust's Revenue for the three months ended in Dec. 2023 was $104.3 Mil. Hence, CT Real Estate Investment Trust's Days Sales Outstanding for the three months ended in Dec. 2023 was 2.84.

The historical rank and industry rank for CT Real Estate Investment Trust's Days Sales Outstanding or its related term are showing as below:

CTRRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.59 Med: 2.32 Max: 6.21
Current: 4.11

During the past 11 years, CT Real Estate Investment Trust's highest Days Sales Outstanding was 6.21. The lowest was 1.59. And the median was 2.32.

CTRRF's Days Sales Outstanding is ranked better than
88.89% of 621 companies
in the REITs industry
Industry Median: 22.29 vs CTRRF: 4.11

CT Real Estate Investment Trust's Days Sales Outstanding declined from Dec. 2022 (6.80) to Dec. 2023 (2.84).

CT Real Estate Investment Trust Days Sales Outstanding Historical Data

The historical data trend for CT Real Estate Investment Trust'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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CT Real Estate Investment Trust Days Sales Outstanding Chart

CT Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1.86

2.80

2.76

2.33

2.36

CT Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															6.80	4.49	6.07	4.75	2.84

Competitive Comparison of CT Real Estate Investment Trust's Days Sales Outstanding

For the REIT - Retail subindustry, CT Real Estate Investment Trust'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.

CT Real Estate Investment Trust's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CT Real Estate Investment Trust's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CT Real Estate Investment Trust's Days Sales Outstanding falls into.

CT Real Estate Investment Trust 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.

CT Real Estate Investment Trust'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
=	( (2.749	+	2.575)	/	2 )	/	412.024	*	365
=	2.662					/	412.024	*	365
=	2.36

CT Real Estate Investment Trust'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.924	+	2.575)	/	2 )	/	104.329	*	365 / 4
=	3.2495					/	104.329	*	365 / 4
=	2.84

CT Real Estate Investment Trust (OTCPK:CTRRF) Days Sales Outstanding Explanation

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

CT Real Estate Investment Trust Days Sales Outstanding Related Terms

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CT Real Estate Investment Trust (CT Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CT Real Estate Investment Trust (OTCPK:CTRRF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

CRT.UN:Canada

Address

2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8

Website

https://www.ctreit.com

CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio primarily consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.

CT Real Estate Investment Trust (CT Real Estate Investment Trust) Headlines

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