Spring Real Estate Investment Trust (HKSE:01426) Days Sales Outstanding : 23.01 (As of Dec. 2023)

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What is Spring Real Estate Investment Trust Days Sales Outstanding?

Spring Real Estate Investment Trust's average Accounts Receivable for the six months ended in Dec. 2023 was HK$50.9 Mil. Spring Real Estate Investment Trust's Revenue for the six months ended in Dec. 2023 was HK$403.6 Mil. Hence, Spring Real Estate Investment Trust's Days Sales Outstanding for the six months ended in Dec. 2023 was 23.01.

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

HKSE:01426' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.03 Med: 17.58 Max: 28.35
Current: 23.66

During the past 12 years, Spring Real Estate Investment Trust's highest Days Sales Outstanding was 28.35. The lowest was 4.03. And the median was 17.58.

HKSE:01426's Days Sales Outstanding is ranked worse than
50.65% of 616 companies
in the REITs industry
Industry Median: 23.1 vs HKSE:01426: 23.66

Spring Real Estate Investment Trust's Days Sales Outstanding declined from Dec. 2022 (24.27) to Dec. 2023 (23.01).

Spring Real Estate Investment Trust Days Sales Outstanding Historical Data

The historical data trend for Spring 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.

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Spring Real Estate Investment Trust Days Sales Outstanding Chart

Spring Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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17.82

17.33

21.05

28.35

23.60

Spring Real Estate Investment Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															21.88	24.57	24.27	24.40	23.01

Competitive Comparison of Spring Real Estate Investment Trust's Days Sales Outstanding

For the REIT - Diversified subindustry, Spring 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.

Spring Real Estate Investment Trust's Days Sales Outstanding Distribution in the REITs Industry

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

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

Spring 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.

Spring Real Estate Investment Trust'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
=	( (54.05	+	49.551)	/	2 )	/	801.136	*	365
=	51.8005					/	801.136	*	365
=	23.60

Spring Real Estate Investment Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (52.219	+	49.551)	/	2 )	/	403.641	*	365 / 2
=	50.885					/	403.641	*	365 / 2
=	23.01

Spring Real Estate Investment Trust (HKSE:01426) Days Sales Outstanding Explanation

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

Spring Real Estate Investment Trust Days Sales Outstanding Related Terms

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Spring Real Estate Investment Trust (HKSE:01426) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Spring Real Estate Investment Trust (HKSE:01426) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Des Voeux Road Central, Room 2801, 28th Floor, Man Yee Building, Central, Hong Kong, HKG

Website

http://www.springreit.com

Spring Real Estate Investment Trust is a real estate investment trust. The group holds investment properties in China and the United Kingdom and is principally engaged in property investment. It operates in three reportable business segments namely, Rental income, Car park income, and other income. A majority of the company's revenue is produced by the Rental income segment.

Executives

Mercuria Holdings Co., Ltd.	2201 Interest of corporation controlled by you
Risun Holdings Limited	2201 Interest of corporation controlled by you
Fang Chao	2201 Interest of corporation controlled by you
Siberite Limited	2201 Interest of corporation controlled by you
Rca02	2201 Interest of corporation controlled by you
Pebblebay Capital Corp	2201 Interest of corporation controlled by you
Lin Minghan	2201 Interest of corporation controlled by you
Huamao Property Holdings Ltd.	2201 Interest of corporation controlled by you
Diligent Glory Investments Limited	2201 Interest of corporation controlled by you
Chia Seok Eng	2201 Interest of corporation controlled by you
Sumitomo Mitsui Banking Corporation	2106 Person having a security interest in shares
Sino-ocean Group Holding Limited
Shining Path Limited
Pare (cayman) Limited	2201 Interest of corporation controlled by you
Pag Real Estate Limited	2201 Interest of corporation controlled by you

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