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Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Days Sales Outstanding

: 3.20 (As of Dec. 2023)
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Boardwalk Real Estate Investment Trust's average Accounts Receivable for the three months ended in Dec. 2023 was C$5.0 Mil. Boardwalk Real Estate Investment Trust's Revenue for the three months ended in Dec. 2023 was C$143.1 Mil. Hence, Boardwalk Real Estate Investment Trust's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.20.

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

TSX:BEI.UN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.65   Med: 4.18   Max: 5.64
Current: 3.16

During the past 13 years, Boardwalk Real Estate Investment Trust's highest Days Sales Outstanding was 5.64. The lowest was 1.65. And the median was 4.18.

TSX:BEI.UN's Days Sales Outstanding is ranked better than
91.49% of 623 companies
in the REITs industry
Industry Median: 22.41 vs TSX:BEI.UN: 3.16

Boardwalk Real Estate Investment Trust's Days Sales Outstanding increased from Dec. 2022 (2.95) to Dec. 2023 (3.20).


Boardwalk Real Estate Investment Trust Days Sales Outstanding Historical Data

The historical data trend for Boardwalk 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.

* Premium members only.

Boardwalk Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.10 1.73 1.65 2.39 3.20

Boardwalk 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 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 Premium Member Only Premium Member Only Premium Member Only 2.95 3.27 3.04 3.08 3.20

Competitive Comparison

For the REIT - Residential subindustry, Boardwalk 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.


Boardwalk Real Estate Investment Trust Days Sales Outstanding Distribution

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

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



Boardwalk 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.

Boardwalk 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
=( (4.641 + 4.94) / 2 ) / 545.658*365
=4.7905 / 545.658*365
=3.20

Boardwalk 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
=( (5.085 + 4.94) / 2 ) / 143.128*365 / 4
=5.0125 / 143.128*365 / 4
=3.20

* 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.


Boardwalk Real Estate Investment Trust  (TSX:BEI.UN) Days Sales Outstanding Explanation

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


Boardwalk Real Estate Investment Trust Days Sales Outstanding Related Terms

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Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Business Description

Traded in Other Exchanges
Address
1501 - 1st Street S.W., Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.

Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Headlines

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