FESNF (First Real Estate Investment Trust) Days Sales Outstanding: 17.86 (As of Jun. 2026) — 37% Below 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.

FESNF First Real Estate Investment Trust FESNF
33 GF Score
Price $0.19
GF Value $0.21
! 6 Warning Signs
View Full Analysis

What is First Real Estate Investment Trust Days Sales Outstanding?

First Real Estate Investment Trust FESNF 33 Days Sales Outstanding is 17.86 as of Jun. 2026, which is 37% below its 10-year median of 28.14. GuruFocus rates FESNF with a GF Score™ of 33/100 and a GF Value™ of $0.21. The stock has 6 warning signs investors should review. Among 658 REITs companies, First Real Estate Investment Trust ranks better than 50.76% on this metric.

First Real Estate Investment Trust's average Accounts Receivable for the six months ended in Jun. 2026 was $3.52 Mil. First Real Estate Investment Trust's Revenue for the six months ended in Jun. 2026 was $35.94 Mil. Hence, First Real Estate Investment Trust's Days Sales Outstanding for the six months ended in Jun. 2026 was 17.86.

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

FESNF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.53   Med: 28.14   Max: 79.37
Current: 22.35

During the past 13 years, First Real Estate Investment Trust's highest Days Sales Outstanding was 79.37. The lowest was 9.53. And the median was 28.14.

FESNF's Days Sales Outstanding is ranked better than
50.76% of 658 companies
in the REITs industry
Industry Median: 22.56 vs FESNF: 22.35

First Real Estate Investment Trust's Days Sales Outstanding declined from Jun. 2025 (26.35) to Jun. 2026 (17.86).


First Real Estate Investment Trust  (OTCPK:FESNF) Days Sales Outstanding Explanation

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


First Real Estate Investment Trust Days Sales Outstanding Related Terms


First Real Estate Investment Trust Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for First 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.

First Real Estate Investment Trust Days Sales Outstanding Chart

First Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.46 9.52 16.85 21.44 26.91

First Real Estate Investment Trust Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 23.86 25.65 26.35 31.90 17.86

FESNF vs WELL, VTR, OHI: Days Sales Outstanding Comparison

For the REIT - Healthcare Facilities subindustry, First 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.


First Real Estate Investment Trust Days Sales Outstanding vs REITs Industry

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

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


FESNF
33GF Score
First Real Estate Investment Trust FESNF
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First 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.

First Real Estate Investment Trust's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (4.645 + 6.841) / 2 ) / 77.885*365
=5.743 / 77.885*365
=26.91

First Real Estate Investment Trust's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (6.841 + 0.193) / 2 ) / 35.935*365 / 2
=3.517 / 35.935*365 / 2
=17.86

* 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 17.86 mean?
First Real Estate Investment Trust (FESNF) has a Days Sales Outstanding of 17.86 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on First Real Estate Investment Trust and its competitors. This is 37% below median its historical median of 28.14. Over the past decade, First Real Estate Investment Trust's Days Sales Outstanding has ranged from 9.53 to 79.37. According to the industry distribution chart, First Real Estate Investment Trust ranks #324 out of 658 companies in the REITs industry, placing it in the top 49.2%.
Is First Real Estate Investment Trust's Days Sales Outstanding too high?
First Real Estate Investment Trust's current Days Sales Outstanding of 17.86 is 37% below median its 10-year median of 28.14. Over the past 10 years, this metric has ranged from a low of 9.53 to a high of 79.37. The REITs industry median Days Sales Outstanding is 22.56. First Real Estate Investment Trust's value of 17.86 is 20.8% below this industry median. Based on the distribution chart, First Real Estate Investment Trust ranks #324 out of 658 companies in the REITs industry, which is above the industry midpoint. Overall, First Real Estate Investment Trust has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust's Days Sales Outstanding compare to WELL and VTR?
According to the REITs industry distribution chart, First Real Estate Investment Trust ranks #324 out of 658 companies for Days Sales Outstanding. This puts First Real Estate Investment Trust in the upper half of its industry. The industry median Days Sales Outstanding is 22.56. First Real Estate Investment Trust's value of 17.86 is 20.8% below this benchmark. Historically, First Real Estate Investment Trust's own Days Sales Outstanding has ranged from 9.53 to 79.37 over the past decade. While the company's 10-year median is 28.14 vs. the industry median of 22.56, First Real Estate Investment 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 22.56, based on 658 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. First Real Estate Investment Trust's current Days Sales Outstanding of 17.86 is 20.8% 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 First Real Estate Investment Trust and its competitors. For the REITs industry, the median Days Sales Outstanding is 22.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Real Estate Investment Trust's current Days Sales Outstanding is 17.86, which is 37% below median its own 10-year median of 28.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust stock overvalued right now?
First Real Estate Investment Trust (FESNF) has a current Days Sales Outstanding of 17.86. The stock's GF Value™ is $0.21, compared to a current price of $0.19 — trading 9.5% below its estimated fair value. The current Days Sales Outstanding is 17.86, which is 37% below median its 10-year median of 28.14 and 20.8% below the REITs industry median of 22.56. First Real Estate Investment Trust's overall GF Score™ is 33/100 with 6 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 First Real Estate Investment Trust (FESNF), the current Days Sales Outstanding is 17.86 as of Jun. 2026. 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 First Real Estate Investment Trust (FESNF) Overvalued in 2026?

Based on GuruFocus' analysis, First Real Estate Investment Trust stock appears to be undervalued. The current stock price of $0.19 is trading 9.5% below its estimated GF Value™ of $0.21.

Key valuation signals for FESNF:

  • Days Sales Outstanding: 17.86 (37% below median its 10-year median of 28.14)
  • GF Value™: $0.21 vs. price of $0.19 (9.5% below fair value)
  • GF Score™: 33/100 with 6 warning signs
  • Industry Position: 20.8% below the REITs median (#324 of 658)

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


First Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges AW9U:SingaporeF1T:Germany
Address 333 Orchard Road, No. 33-02, Singapore, SGP, 238867
First Real Estate Investment Trust is a healthcare real estate investment trust focused on investing in diverse yield-accretive healthcare and healthcare-related real estate assets within and outside of Asia. The Trust has a portfolio of 32 properties across Asia. These include 15 properties in Indonesia comprising 11 hospitals, two integrated hospitals & malls, one integrated hospital & hotel, and one hotel & country club; three nursing homes in Singapore; and 14 nursing homes in Japan.
33GF Score

Get the complete analysis for FESNF

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

$0.19
Price
$0.21
GF Value