China Merchants Commercial REIT (HKSE:01503) Days Sales Outstanding : 11.18 (As of Jun. 2024)

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What is China Merchants Commercial REIT Days Sales Outstanding?

China Merchants Commercial REIT's average Accounts Receivable for the six months ended in Jun. 2024 was HK$17.6 Mil. China Merchants Commercial REIT's Revenue for the six months ended in Jun. 2024 was HK$286.7 Mil. Hence, China Merchants Commercial REIT's Days Sales Outstanding for the six months ended in Jun. 2024 was 11.18.

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

HKSE:01503' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.02 Med: 5.29 Max: 12.35
Current: 12.35

During the past 8 years, China Merchants Commercial REIT's highest Days Sales Outstanding was 12.35. The lowest was 1.02. And the median was 5.29.

HKSE:01503's Days Sales Outstanding is ranked better than
65.29% of 680 companies
in the REITs industry
Industry Median: 22.4 vs HKSE:01503: 12.35

China Merchants Commercial REIT's Days Sales Outstanding declined from Jun. 2023 (12.64) to Jun. 2024 (11.18).

China Merchants Commercial REIT Days Sales Outstanding Historical Data

The historical data trend for China Merchants Commercial REIT'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.

China Merchants Commercial REIT Days Sales Outstanding Chart

China Merchants Commercial REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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11.37

4.79

9.17

11.25

5.79

China Merchants Commercial REIT Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial										11.84	8.05	12.64	8.19	11.18

Competitive Comparison of China Merchants Commercial REIT's Days Sales Outstanding

For the REIT - Office subindustry, China Merchants Commercial REIT'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.

China Merchants Commercial REIT's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where China Merchants Commercial REIT's Days Sales Outstanding falls into.

China Merchants Commercial REIT 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.

China Merchants Commercial REIT'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
=	( (14.187	+	2.779)	/	2 )	/	535.032	*	365
=	8.483					/	535.032	*	365
=	5.79

China Merchants Commercial REIT's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (2.779	+	32.353)	/	2 )	/	286.723	*	365 / 2
=	17.566					/	286.723	*	365 / 2
=	11.18

China Merchants Commercial REIT (HKSE:01503) Days Sales Outstanding Explanation

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

China Merchants Commercial REIT Days Sales Outstanding Related Terms

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China Merchants Commercial REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » China Merchants Commercial REIT (HKSE:01503) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

5C3:Germany

Address

China Merchants Tower, Shun Tak Centre, Room 2603-2606, 26th Floor, Connaught Road Central, Hong Kong, HKG, 168-200

Website

https://www.cmcreit.com

China Merchants Commercial REIT and its subsidiaries are engaged in property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre, and Technology Building 2 among others.

Executives

Pacific Asset Management Co., Ltd.	2501 Other
China Merchants Group Limited	2201 Interest of corporation controlled by you
China Merchants Shekou Industrial Zone Holdings Company Limited	2201 Interest of corporation controlled by you
Eureka Investment Company Limited	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee
Cwl Assets (ptc) Limited	2301 Trustee
K. Wah Properties (holdings) Limited	2201 Interest of corporation controlled by you
Polymate Co., Ltd.	2201 Interest of corporation controlled by you
Premium Capital Profits Limited	2101 Beneficial owner
Star Ii Limited	2201 Interest of corporation controlled by you

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