Agree Realty's average Accounts Receivable for the
three
months ended in Sep. 2024 was $96.5 Mil. Agree Realty's Revenue for the
three
months ended in Sep. 2024 was $154.3 Mil.
Hence, Agree Realty's Days Sales Outstanding for the
three
months ended in Sep. 2024 was 57.07.
The historical rank and industry rank for Agree Realty's Days Sales Outstanding or its related term are showing as below:
ADC'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.48 Med: 47.26 Max: 54.1
Current: 54.1
During the past 13 years, Agree Realty's highest Days Sales Outstanding was 54.10. The lowest was 26.48. And the median was 47.26.
ADC's Days Sales Outstanding is ranked worse than 75% of 680
companies
in the REITs industry
Industry Median: 22.4
vs ADC: 54.10
Agree Realty's Days Sales Outstanding
increased
from Sep. 2023 (49.58) to Sep. 2024 (57.07).
Agree Realty Days Sales Outstanding Historical Data
The historical data trend for Agree Realty'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.
Competitive Comparison of Agree Realty's Days Sales Outstanding
For the REIT - Retail subindustry, Agree Realty'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.
Agree Realty's Days Sales Outstanding Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Agree Realty's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Agree Realty's Days Sales Outstanding falls into.
Agree Realty 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.
* 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.
Agree Realty (NYSE:ADC) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Agree Realty Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Agree Realty's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-leading tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
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