Japan Real Estate Investment (TSE:8952) Days Sales Outstanding : 2.81 (As of Mar. 2024)

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What is Japan Real Estate Investment Days Sales Outstanding?

Japan Real Estate Investment's average Accounts Receivable for the six months ended in Mar. 2024 was 円639 Mil. Japan Real Estate Investment's Revenue for the six months ended in Mar. 2024 was 円41,414 Mil. Hence, Japan Real Estate Investment's Days Sales Outstanding for the six months ended in Mar. 2024 was 2.81.

The historical rank and industry rank for Japan Real Estate Investment's Days Sales Outstanding or its related term are showing as below:

TSE:8952' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.11 Med: 1.85 Max: 2.56
Current: 2.56

During the past 13 years, Japan Real Estate Investment's highest Days Sales Outstanding was 2.56. The lowest was 1.11. And the median was 1.85.

TSE:8952's Days Sales Outstanding is ranked better than
92.21% of 680 companies
in the REITs industry
Industry Median: 22.4 vs TSE:8952: 2.56

Japan Real Estate Investment's Days Sales Outstanding increased from Mar. 2023 (2.33) to Mar. 2024 (2.81).

Japan Real Estate Investment Days Sales Outstanding Historical Data

The historical data trend for Japan Real Estate 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.

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Japan Real Estate Investment Days Sales Outstanding Chart

Japan Real Estate Investment Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Sales Outstanding

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1.94

1.96

1.98

2.48

2.47

Japan Real Estate Investment Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															2.61	2.33	2.49	2.81	3.04

Competitive Comparison of Japan Real Estate Investment's Days Sales Outstanding

For the REIT - Office subindustry, Japan Real Estate 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.

Japan Real Estate Investment's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Japan Real Estate Investment's Days Sales Outstanding falls into.

Japan Real Estate 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.

Japan Real Estate Investment's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (466.371	+	567.325)	/	2 )	/	75973.12	*	365
=	516.848					/	75973.12	*	365
=	2.48

Japan Real Estate Investment's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (567.325	+	709.783)	/	2 )	/	41414.141	*	365 / 2
=	638.554					/	41414.141	*	365 / 2
=	2.81

Japan Real Estate Investment (TSE:8952) Days Sales Outstanding Explanation

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

Japan Real Estate Investment Days Sales Outstanding Related Terms

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Japan Real Estate Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Japan Real Estate Investment Corp (TSE:8952) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.j-re.co.jp

Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, most of J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its largest customers in terms of total leased space.

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