Carindale Property Trust (ASX:CDP) Days Sales Outstanding: 11.13 (As of Dec. 2025) — 131% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:CDP Carindale Property Trust ASX:CDP
55 GF Score
Price A$5.48
GF Value A$3.42
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Carindale Property Trust Days Sales Outstanding?

Carindale Property Trust ASX:CDP +0.37% 55 Days Sales Outstanding is 11.13 as of Dec. 2025, which is 131% above its 10-year median of 4.82. GuruFocus rates ASX:CDP with a GF Score™ of 55/100 and a GF Value™ of A$3.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 663 REITs companies, Carindale Property Trust ranks better than 65.61% on this metric.

Carindale Property Trust's average Accounts Receivable for the six months ended in Dec. 2025 was A$1.97 Mil. Carindale Property Trust's Revenue for the six months ended in Dec. 2025 was A$32.23 Mil. Hence, Carindale Property Trust's Days Sales Outstanding for the six months ended in Dec. 2025 was 11.13.

The historical rank and industry rank for Carindale Property Trust's Days Sales Outstanding or its related term are showing as below:

ASX:CDP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.93   Med: 4.82   Max: 22.78
Current: 12.96

During the past 13 years, Carindale Property Trust's highest Days Sales Outstanding was 22.78. The lowest was 1.93. And the median was 4.82.

ASX:CDP's Days Sales Outstanding is ranked better than
65.61% of 663 companies
in the REITs industry
Industry Median: 22.68 vs ASX:CDP: 12.96

Carindale Property Trust's Days Sales Outstanding increased from Dec. 2024 (10.99) to Dec. 2025 (11.13).


Carindale Property Trust  (ASX:CDP) Days Sales Outstanding Explanation

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


Carindale Property Trust Days Sales Outstanding Related Terms


Carindale Property Trust Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Carindale Property 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.

Carindale Property Trust Days Sales Outstanding Chart

Carindale Property Trust Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.78 16.91 10.43 5.07 4.19

Carindale Property Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Sales Outstanding Get a 7-Day Free Trial 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 10.37 10.23 10.99 10.06 11.13

ASX:CDP vs SPG, O, KIM: Days Sales Outstanding Comparison

For the REIT - Retail subindustry, Carindale Property 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.


Carindale Property Trust Days Sales Outstanding vs REITs Industry

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

* The bar in red indicates where Carindale Property Trust's Days Sales Outstanding falls into.


ASX:CDP
55GF Score
Carindale Property Trust ASX:CDP
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carindale Property 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.

Carindale Property Trust's Days Sales Outstanding for the fiscal year that ended in Jun. 2025 is calculated as

Days Sales Outstanding (A: Jun. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count ) / Revenue (A: Jun. 2025 )*Days in Period
=( (0.8 + 0.614) / 2 ) / 61.585*365
=0.707 / 61.585*365
=4.19

Carindale Property Trust's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding (Q: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2025 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (0.614 + 3.317) / 2 ) / 32.229*365 / 2
=1.9655 / 32.229*365 / 2
=11.13

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 11.13 mean?
Carindale Property Trust (ASX:CDP) has a Days Sales Outstanding of 11.13 as of Dec. 2025. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Carindale Property Trust and its competitors. This is 131% above median its historical median of 4.82. Over the past decade, Carindale Property Trust's Days Sales Outstanding has ranged from 1.93 to 22.78. According to the industry distribution chart, Carindale Property Trust ranks #228 out of 663 companies in the REITs industry, placing it in the top 34.4%.
Is Carindale Property Trust's Days Sales Outstanding too high?
Carindale Property Trust's current Days Sales Outstanding of 11.13 is 131% above median its 10-year median of 4.82. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 22.78. The REITs industry median Days Sales Outstanding is 22.68. Carindale Property Trust's value of 11.13 is 50.9% below this industry median. Based on the distribution chart, Carindale Property Trust ranks #228 out of 663 companies in the REITs industry, which is above the industry midpoint. Overall, Carindale Property Trust has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carindale Property Trust's Days Sales Outstanding compare to SPG and O?
According to the REITs industry distribution chart, Carindale Property Trust ranks #228 out of 663 companies for Days Sales Outstanding. This puts Carindale Property Trust in the upper half of its industry. The industry median Days Sales Outstanding is 22.68. Carindale Property Trust's value of 11.13 is 50.9% below this benchmark. Historically, Carindale Property Trust's own Days Sales Outstanding has ranged from 1.93 to 22.78 over the past decade. While the company's 10-year median is 4.82 vs. the industry median of 22.68, Carindale Property Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a REITs company?
The median Days Sales Outstanding among REITs companies is 22.68, based on 663 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carindale Property Trust's current Days Sales Outstanding of 11.13 is 50.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Carindale Property Trust and its competitors. For the REITs industry, the median Days Sales Outstanding is 22.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carindale Property Trust's current Days Sales Outstanding is 11.13, which is 131% above median its own 10-year median of 4.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carindale Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Carindale Property Trust (ASX:CDP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.42, compared to a current price of A$5.48 — trading 60.2% above its estimated fair value. The current Days Sales Outstanding is 11.13, which is 131% above median its 10-year median of 4.82 and 50.9% below the REITs industry median of 22.68. Carindale Property Trust's overall GF Score™ is 55/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Carindale Property Trust (ASX:CDP), the current Days Sales Outstanding is 11.13 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Carindale Property Trust (ASX:CDP) Overvalued in 2026?

Based on GuruFocus' analysis, Carindale Property Trust stock appears to be overvalued. The current stock price of A$5.48 is trading 60.2% above its estimated GF Value™ of A$3.42. GuruFocus considers Carindale Property Trust to be Significantly Overvalued.

Key valuation signals for ASX:CDP:

  • Days Sales Outstanding: 11.13 (131% above median its 10-year median of 4.82)
  • GF Value™: A$3.42 vs. price of A$5.48 (60.2% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 50.9% below the REITs median (#228 of 663)

No single metric tells the full story. See the ASX:CDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carindale Property Trust Business Description

Industry Real EstateREITs
Address 85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000
Carindale Property Trust is engaged in the long-term ownership of an interest in the Westfield Cardinal shopping center. The company derives revenue from shopping center base rent and other property income. The Trust operates in one business segment, being the ownership of a shopping centre in Australia.
55GF Score

Get the complete analysis for ASX:CDP

Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$5.48
Price
A$3.42
GF Value