HTPC.PFD (Hersha Hospitality Trust) Days Sales Outstanding : 6.11 (As of Sep. 2023)

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What is Hersha Hospitality Trust Days Sales Outstanding?

Hersha Hospitality Trust's average Accounts Receivable for the three months ended in Sep. 2023 was $6.16 Mil. Hersha Hospitality Trust's Revenue for the three months ended in Sep. 2023 was $91.98 Mil. Hence, Hersha Hospitality Trust's Days Sales Outstanding for the three months ended in Sep. 2023 was 6.11.

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

HTpC.PFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.63 Med: 7.96 Max: 15.4
Current: 6.63

During the past 13 years, Hersha Hospitality Trust's highest Days Sales Outstanding was 15.40. The lowest was 6.63. And the median was 7.96.

HTpC.PFD's Days Sales Outstanding is not ranked
in the REITs industry.
Industry Median: 22.445 vs HTpC.PFD: 6.63

Hersha Hospitality Trust's Days Sales Outstanding declined from Sep. 2022 (6.57) to Sep. 2023 (6.11).

Hersha Hospitality Trust Days Sales Outstanding Historical Data

The historical data trend for Hersha Hospitality 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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Hersha Hospitality Trust Days Sales Outstanding Chart

Hersha Hospitality Trust Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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8.20

6.70

15.40

8.74

7.83

Hersha Hospitality Trust Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															6.57	7.42	8.34	5.14	6.11

Competitive Comparison of Hersha Hospitality Trust's Days Sales Outstanding

For the REIT - Hotel & Motel subindustry, Hersha Hospitality 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.

Hersha Hospitality Trust's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Hersha Hospitality Trust's Days Sales Outstanding falls into.

Hersha Hospitality 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.

Hersha Hospitality Trust's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (8.491	+	8.922)	/	2 )	/	405.874	*	365
=	8.7065					/	405.874	*	365
=	7.83

Hersha Hospitality Trust's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (6.201	+	6.111)	/	2 )	/	91.984	*	365 / 4
=	6.156					/	91.984	*	365 / 4
=	6.11

Hersha Hospitality Trust (NYSE:HTpC.PFD) Days Sales Outstanding Explanation

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

Hersha Hospitality Trust Days Sales Outstanding Related Terms

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Hersha Hospitality Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hersha Hospitality Trust (NYSE:HTpC.PFD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

44 Hersha Drive, Harrisburg, PA, USA, 17102

Website

https://www.hersha.com

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality upscale hotels in urban gateway markets. Its hotels are located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles, and San Diego. The company's revenue streams include Hotel revenue and Other revenue.