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Fairvest (FRA:2T20) Days Sales Outstanding : 25.91 (As of Mar. 2024)


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What is Fairvest Days Sales Outstanding?

Fairvest's average Accounts Receivable for the six months ended in Mar. 2024 was €6.90 Mil. Fairvest's Revenue for the six months ended in Mar. 2024 was €48.61 Mil. Hence, Fairvest's Days Sales Outstanding for the six months ended in Mar. 2024 was 25.91.

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

FRA:2T20' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.29   Med: 29.24   Max: 46.18
Current: 29.08

During the past 2 years, Fairvest's highest Days Sales Outstanding was 46.18. The lowest was 12.29. And the median was 29.24.

FRA:2T20's Days Sales Outstanding is ranked worse than
55.54% of 614 companies
in the REITs industry
Industry Median: 23.7 vs FRA:2T20: 29.08

Fairvest's Days Sales Outstanding increased from Mar. 2023 (25.35) to Mar. 2024 (25.91).


Fairvest Days Sales Outstanding Historical Data

The historical data trend for Fairvest'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.

Fairvest Days Sales Outstanding Chart

Fairvest Annual Data
Trend Jun21 Sep23
Days Sales Outstanding
46.18 13.67

Fairvest Semi-Annual Data
Jun21 Mar23 Sep23 Mar24
Days Sales Outstanding - 25.35 23.86 25.91

Competitive Comparison of Fairvest's Days Sales Outstanding

For the REIT - Retail subindustry, Fairvest'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.


Fairvest's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Fairvest's Days Sales Outstanding falls into.



Fairvest 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.

Fairvest's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (4.152 + 2.914) / 2 ) / 94.358*365
=3.533 / 94.358*365
=13.67

Fairvest'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: Sep. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (2.914 + 10.889) / 2 ) / 48.612*365 / 2
=6.9015 / 48.612*365 / 2
=25.91

* 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.


Fairvest  (FRA:2T20) Days Sales Outstanding Explanation

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


Fairvest Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Fairvest's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Fairvest (FRA:2T20) Business Description

Industry
Traded in Other Exchanges
Address
34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001
Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

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