Tokaido REIT (TSE:2989) Days Sales Outstanding : 7.14 (As of Jul. 2023)

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What is Tokaido REIT Days Sales Outstanding?

Tokaido REIT's average Accounts Receivable for the six months ended in Jul. 2023 was 円63 Mil. Tokaido REIT's Revenue for the six months ended in Jul. 2023 was 円1,617 Mil. Hence, Tokaido REIT's Days Sales Outstanding for the six months ended in Jul. 2023 was 7.14.

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

TSE:2989' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.38 Med: 13.04 Max: 18.03
Current: 6.38

During the past 3 years, Tokaido REIT's highest Days Sales Outstanding was 18.03. The lowest was 6.38. And the median was 13.04.

TSE:2989's Days Sales Outstanding is ranked better than
82.06% of 613 companies
in the REITs industry
Industry Median: 23.66 vs TSE:2989: 6.38

Tokaido REIT's Days Sales Outstanding increased from Jul. 2022 (6.66) to Jul. 2023 (7.14).

Tokaido REIT Days Sales Outstanding Historical Data

The historical data trend for Tokaido 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.

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Tokaido REIT Days Sales Outstanding Chart

Tokaido REIT Annual Data

Trend

Jul21

Jan22

Jul23

Days Sales Outstanding

18.03

8.05

Tokaido REIT Semi-Annual Data
	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial			11.02	6.66	6.85	7.14	9.42

Competitive Comparison of Tokaido REIT's Days Sales Outstanding

For the REIT - Diversified subindustry, Tokaido 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.

Tokaido REIT's Days Sales Outstanding Distribution in the REITs Industry

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

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

Tokaido 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.

Tokaido REIT's Days Sales Outstanding for the fiscal year that ended in Jul. 2023 is calculated as

	Days Sales Outstanding (A: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (37.21	+	84.706)	/	2 )	/	2764.288	*	365
=	60.958					/	2764.288	*	365
=	8.05

Tokaido REIT's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

	Days Sales Outstanding (Q: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (41.887	+	84.706)	/	2 )	/	1616.963	*	365 / 2
=	63.2965					/	1616.963	*	365 / 2
=	7.14

Tokaido REIT (TSE:2989) Days Sales Outstanding Explanation

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

Tokaido REIT Days Sales Outstanding Related Terms

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Tokaido REIT (TSE:2989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokaido REIT Inc (TSE:2989) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014

Website

Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.

Tokaido REIT (TSE:2989) Headlines

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