Pennsylvania Real Estate Investment Trust (Pennsylvania Real Estate Investment Trust) Days Sales Outstanding : 43.18 (As of Sep. 2023)

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What is Pennsylvania Real Estate Investment Trust Days Sales Outstanding?

Pennsylvania Real Estate Investment Trust's average Accounts Receivable for the three months ended in Sep. 2023 was $32.2 Mil. Pennsylvania Real Estate Investment Trust's Revenue for the three months ended in Sep. 2023 was $68.0 Mil. Hence, Pennsylvania Real Estate Investment Trust's Days Sales Outstanding for the three months ended in Sep. 2023 was 43.18.

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

PRETQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.7 Med: 38.58 Max: 66.77
Current: 43.79

During the past 13 years, Pennsylvania Real Estate Investment Trust's highest Days Sales Outstanding was 66.77. The lowest was 34.70. And the median was 38.58.

PRETQ's Days Sales Outstanding is ranked worse than
69.08% of 621 companies
in the REITs industry
Industry Median: 22.29 vs PRETQ: 43.79

Pennsylvania Real Estate Investment Trust's Days Sales Outstanding increased from Sep. 2022 (39.70) to Sep. 2023 (43.18).

Pennsylvania Real Estate Investment Trust Days Sales Outstanding Historical Data

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

Pennsylvania Real Estate Investment Trust Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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38.82

43.45

66.77

59.74

51.14

Pennsylvania Real Estate Investment Trust Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															39.70	40.53	50.49	44.28	43.18

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

For the REIT - Retail subindustry, Pennsylvania 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.

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

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

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

Pennsylvania 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.

Pennsylvania Real Estate Investment Trust's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (42.501	+	40.459)	/	2 )	/	296.028	*	365
=	41.48					/	296.028	*	365
=	51.14

Pennsylvania Real Estate Investment Trust'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: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (31.49	+	32.852)	/	2 )	/	67.981	*	365 / 4
=	32.171					/	67.981	*	365 / 4
=	43.18

Pennsylvania Real Estate Investment Trust (OTCPK:PRETQ) Days Sales Outstanding Explanation

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

Pennsylvania Real Estate Investment Trust Days Sales Outstanding Related Terms

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

Industry

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

Comparable Companies

Traded in Other Exchanges

PRTNQ.PFD:USA PRTMQ.PFD:USA PRTLQ.PFD:USA WX3A:Germany

Address

One Commerce Square, 2005 Market Street, Suite 1000, Philadelphia, PA, USA, 19103

Website

https://www.preit.com

Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development, and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, specialty leasing, partnerships, and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio.

Executives

Christopher Swann	director	C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Kenneth B. Hart	director	C/O PENN REAL ESTATE TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103
Joseph J. Aristone	officer: EVP - Leasing	C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Joseph F Coradino	director, officer: Chief Executive Officer	C/O PENN. REAL ESTATE INVESTMENT TRUST, 200 S. BROAD ST., THE BELLEVUE, PHILADEPHIA PA 19102
Michael J. Demarco	director	C/O MACK-CALI REALTY CORPORATION, HARBORSIDE 3, 210 HUDSON ST., STE. 400, JERSEY CITY NJ 07311
Ventresca Mario C. Jr.	officer: EVP-Chief Financial Officer	C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Andrew M. Ioannou	officer: EVP-Finance and Acquisitions	C/O PENN REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Mark E Pasquerilla	director
Charles P Pizzi	director	C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Joanne A. Epps	director	C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Alburger George J Jr	director	C/O LIBERTY PROPERTY TRUST, 65 VALLEY STREAM PARKWAY, MALVERN PA 19355
Lisa M. Most	officer: EVP, GC, CCO & Secretary	C/O PENN. REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Heather Crowell	officer: EVP-Strategy & Communications	C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
John Joseph Roberts	director	1007 CANTERBURY LANE, VILLANOVA PA 19085
Sathana Semonsky	officer: VP - Chief Accounting Officer	C/O PENN. REAL ESTATE INVESTMENT TRUST, 2005 MARKET STREET, SUITE 1000, PHILADELPHIA PA 19103