Redefine Properties (JSE:RDF) Days Sales Outstanding : 28.33 (As of Feb. 2024)

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What is Redefine Properties Days Sales Outstanding?

Redefine Properties's average Accounts Receivable for the six months ended in Feb. 2024 was R809 Mil. Redefine Properties's Revenue for the six months ended in Feb. 2024 was R5,214 Mil. Hence, Redefine Properties's Days Sales Outstanding for the six months ended in Feb. 2024 was 28.33.

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

JSE:RDF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.28 Med: 16.25 Max: 30.18
Current: 30.18

During the past 13 years, Redefine Properties's highest Days Sales Outstanding was 30.18. The lowest was 2.28. And the median was 16.25.

JSE:RDF's Days Sales Outstanding is ranked worse than
58.12% of 616 companies
in the REITs industry
Industry Median: 23.1 vs JSE:RDF: 30.18

Redefine Properties's Days Sales Outstanding increased from Feb. 2023 (25.54) to Feb. 2024 (28.33).

Redefine Properties Days Sales Outstanding Historical Data

The historical data trend for Redefine Properties'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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Redefine Properties Days Sales Outstanding Chart

Redefine Properties Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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19.08

18.94

20.14

17.95

16.33

Redefine Properties 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															28.09	21.24	25.54	25.35	28.33

Competitive Comparison of Redefine Properties's Days Sales Outstanding

For the REIT - Diversified subindustry, Redefine Properties'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.

Redefine Properties's Days Sales Outstanding Distribution in the REITs Industry

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

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

Redefine Properties 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.

Redefine Properties's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (410.175	+	476.587)	/	2 )	/	9908.932	*	365
=	443.381					/	9908.932	*	365
=	16.33

Redefine Properties'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
=	( (476.587	+	1142.12)	/	2 )	/	5214.27	*	365 / 2
=	809.3535					/	5214.27	*	365 / 2
=	28.33

Redefine Properties (JSE:RDF) Days Sales Outstanding Explanation

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

Redefine Properties Days Sales Outstanding Related Terms

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Redefine Properties (JSE:RDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Redefine Properties Ltd (JSE:RDF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.redefine.co.za

Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland .Within South Africa, over half of the company's properties are in the province of Gauteng in terms of total value. The group comprises of segments in the local portfolio, being office, retail, industrial, specialised and head office, and the international portfolio being EPP, Redefine Europe and other. Majority of revenue is generated from EPP, international portfolio.

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