Equites Property Fund (JSE:EQU) Days Sales Outstanding : 57.21 (As of Feb. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Equites Property Fund Days Sales Outstanding?

Equites Property Fund's average Accounts Receivable for the six months ended in Feb. 2024 was R392 Mil. Equites Property Fund's Revenue for the six months ended in Feb. 2024 was R1,252 Mil. Hence, Equites Property Fund's Days Sales Outstanding for the six months ended in Feb. 2024 was 57.21.

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

JSE:EQU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.72 Med: 6.23 Max: 51.74
Current: 51.74

During the past 10 years, Equites Property Fund's highest Days Sales Outstanding was 51.74. The lowest was 1.72. And the median was 6.23.

JSE:EQU's Days Sales Outstanding is ranked worse than
73.08% of 613 companies
in the REITs industry
Industry Median: 23.66 vs JSE:EQU: 51.74

Equites Property Fund's Days Sales Outstanding increased from Feb. 2023 (38.71) to Feb. 2024 (57.21).

Equites Property Fund Days Sales Outstanding Historical Data

The historical data trend for Equites Property Fund'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.

Equites Property Fund Days Sales Outstanding Chart

Equites Property Fund Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Sales Outstanding

Get a 7-Day Free Trial

2.80

7.52

11.72

19.27

48.64

Equites Property Fund Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															40.08	62.30	38.71	49.30	57.21

Competitive Comparison of Equites Property Fund's Days Sales Outstanding

For the REIT - Industrial subindustry, Equites Property Fund'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.

Equites Property Fund's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Equites Property Fund's Days Sales Outstanding falls into.

Equites Property Fund 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.

Equites Property Fund's Days Sales Outstanding for the fiscal year that ended in Feb. 2024 is calculated as

	Days Sales Outstanding (A: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (271.351	+	390.721)	/	2 )	/	2484.186	*	365
=	331.036					/	2484.186	*	365
=	48.64

Equites Property Fund's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (394.269	+	390.721)	/	2 )	/	1252.152	*	365 / 2
=	392.495					/	1252.152	*	365 / 2
=	57.21

Equites Property Fund (JSE:EQU) Days Sales Outstanding Explanation

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

Equites Property Fund Days Sales Outstanding Related Terms

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

Equites Property Fund (JSE:EQU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equites Property Fund Ltd (JSE:EQU) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001

Website

https://www.equites.co.za

Equites Property Fund Ltd is a real estate investment trust based in South Africa. It is engaged in the investment in and development of commercial properties in the industrial sector. The group has assessed its operations and determined its segments in line with the clear geographic distinction between South Africa and the United Kingdom. SA Industrial segment generates the revenue.

Equites Property Fund (JSE:EQU) Headlines

No Headlines