Millionaire Property Fund (BKK:MIPF) Days Sales Outstanding : 10.74 (As of Mar. 2024)

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What is Millionaire Property Fund Days Sales Outstanding?

Millionaire Property Fund's average Accounts Receivable for the three months ended in Mar. 2024 was ฿6.7 Mil. Millionaire Property Fund's Revenue for the three months ended in Mar. 2024 was ฿57.2 Mil. Hence, Millionaire Property Fund's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.74.

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

BKK:MIPF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.81 Med: 19.01 Max: 32.14
Current: 10.81

During the past 13 years, Millionaire Property Fund's highest Days Sales Outstanding was 32.14. The lowest was 10.81. And the median was 19.01.

BKK:MIPF's Days Sales Outstanding is not ranked
in the REITs industry.
Industry Median: 24.33 vs BKK:MIPF: 10.81

Millionaire Property Fund's Days Sales Outstanding declined from Mar. 2023 (11.15) to Mar. 2024 (10.74).

Millionaire Property Fund Days Sales Outstanding Historical Data

The historical data trend for Millionaire Property Fund'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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Millionaire Property Fund Days Sales Outstanding Chart

Millionaire Property Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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32.14

21.55

11.01

Millionaire Property Fund Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															11.15	10.99	11.08	10.74	10.74

Competitive Comparison of Millionaire Property Fund's Days Sales Outstanding

For the REIT - Office subindustry, Millionaire Property Fund'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.

Millionaire Property Fund's Days Sales Outstanding Distribution in the REITs Industry

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

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

Millionaire Property Fund 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.

Millionaire Property Fund'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
=	( (7.254	+	6.778)	/	2 )	/	232.654	*	365
=	7.016					/	232.654	*	365
=	11.01

Millionaire Property Fund's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (6.778	+	6.687)	/	2 )	/	57.196	*	365 / 4
=	6.7325					/	57.196	*	365 / 4
=	10.74

Millionaire Property Fund (BKK:MIPF) Days Sales Outstanding Explanation

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

Millionaire Property Fund Days Sales Outstanding Related Terms

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Millionaire Property Fund (BKK:MIPF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Millionaire Property Fund (BKK:MIPF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Rama 1 Road, Pathumwan, 989 Siam Piwat Tower, Floor 9, Pathumwan, Bangkok, THA, 10330

Website

https://www.one-asset.com

Millionaire Property Fund is a close-ended property fund with no maturity date. The objective of the company is to mobilize fund from sale of investment units to purchase and/or lease property and procure benefit from such property.

Millionaire Property Fund (BKK:MIPF) Headlines

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