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Mori Hills Reit Investment (TSE:3234) Days Sales Outstanding : 3.67 (As of Jul. 2023)


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What is Mori Hills Reit Investment Days Sales Outstanding?

Mori Hills Reit Investment's average Accounts Receivable for the six months ended in Jul. 2023 was 円226 Mil. Mori Hills Reit Investment's Revenue for the six months ended in Jul. 2023 was 円11,215 Mil. Hence, Mori Hills Reit Investment's Days Sales Outstanding for the six months ended in Jul. 2023 was 3.67.

The historical rank and industry rank for Mori Hills Reit Investment's Days Sales Outstanding or its related term are showing as below:

TSE:3234' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.59   Med: 3.15   Max: 7.9
Current: 3.37

During the past 13 years, Mori Hills Reit Investment's highest Days Sales Outstanding was 7.90. The lowest was 0.59. And the median was 3.15.

TSE:3234's Days Sales Outstanding is ranked better than
91.03% of 613 companies
in the REITs industry
Industry Median: 23.66 vs TSE:3234: 3.37

Mori Hills Reit Investment's Days Sales Outstanding increased from Jul. 2022 (2.97) to Jul. 2023 (3.67).


Mori Hills Reit Investment Days Sales Outstanding Historical Data

The historical data trend for Mori Hills Reit Investment'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.

Mori Hills Reit Investment Days Sales Outstanding Chart

Mori Hills Reit Investment Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.90 6.29 4.44 3.09 3.21

Mori Hills Reit Investment Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.55 2.97 3.23 3.67 3.66

Competitive Comparison of Mori Hills Reit Investment's Days Sales Outstanding

For the REIT - Diversified subindustry, Mori Hills Reit Investment'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.


Mori Hills Reit Investment's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mori Hills Reit Investment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mori Hills Reit Investment's Days Sales Outstanding falls into.



Mori Hills Reit Investment 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.

Mori Hills Reit Investment'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: Jul. 2022 ) + Accounts Receivable (A: Jul. 2023 )) / count ) / Revenue (A: Jul. 2023 )*Days in Period
=( (169.483 + 224.435) / 2 ) / 22425.911*365
=196.959 / 22425.911*365
=3.21

Mori Hills Reit Investment'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
=( (227.135 + 224.435) / 2 ) / 11215.191*365 / 2
=225.785 / 11215.191*365 / 2
=3.67

* 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.


Mori Hills Reit Investment  (TSE:3234) Days Sales Outstanding Explanation

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


Mori Hills Reit Investment Days Sales Outstanding Related Terms

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Mori Hills Reit Investment (TSE:3234) Business Description

Traded in Other Exchanges
N/A
Address
12-32 Akasaka 1-chome, Minato-ku, Tokyo, JPN
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate primarily office buildings and residential and retail properties available for lease in Tokyo.

Mori Hills Reit Investment (TSE:3234) Headlines

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