Safestore Holdings (LSE:SAFE) Days Sales Outstanding : 41.59 (As of Oct. 2023)

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What is Safestore Holdings Days Sales Outstanding?

Safestore Holdings's average Accounts Receivable for the six months ended in Oct. 2023 was £26.0 Mil. Safestore Holdings's Revenue for the six months ended in Oct. 2023 was £114.1 Mil. Hence, Safestore Holdings's Days Sales Outstanding for the six months ended in Oct. 2023 was 41.59.

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

LSE:SAFE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.56 Med: 30.56 Max: 36.41
Current: 36.41

During the past 13 years, Safestore Holdings's highest Days Sales Outstanding was 36.41. The lowest was 24.56. And the median was 30.56.

LSE:SAFE's Days Sales Outstanding is ranked worse than
63.52% of 614 companies
in the REITs industry
Industry Median: 22.95 vs LSE:SAFE: 36.41

Safestore Holdings's Days Sales Outstanding increased from Oct. 2022 (35.11) to Oct. 2023 (41.59).

Safestore Holdings Days Sales Outstanding Historical Data

The historical data trend for Safestore Holdings'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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Safestore Holdings Days Sales Outstanding Chart

Safestore Holdings Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

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30.54

27.21

25.21

24.56

25.32

Safestore Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Sales Outstanding	Get a 7-Day Free Trial															39.11	37.31	35.11	42.35	41.59

Competitive Comparison of Safestore Holdings's Days Sales Outstanding

For the REIT - Industrial subindustry, Safestore Holdings'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.

Safestore Holdings's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Safestore Holdings's Days Sales Outstanding falls into.

Safestore Holdings 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.

Safestore Holdings's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (15.1	+	16)	/	2 )	/	224.2	*	365
=	15.55					/	224.2	*	365
=	25.32

Safestore Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding (Q: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2023 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (36	+	16)	/	2 )	/	114.1	*	365 / 2
=	26					/	114.1	*	365 / 2
=	41.59

Safestore Holdings (LSE:SAFE) Days Sales Outstanding Explanation

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

Safestore Holdings Days Sales Outstanding Related Terms

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Safestore Holdings (LSE:SAFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Safestore Holdings PLC (LSE:SAFE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SFSHF:USA SAFEl:UK IHF:Germany

Address

Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT

Website

https://www.safestore.co.uk

Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.