Fukuoka REIT (TSE:8968) Days Sales Outstanding : 15.03 (As of Aug. 2023)

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What is Fukuoka REIT Days Sales Outstanding?

Fukuoka REIT's average Accounts Receivable for the six months ended in Aug. 2023 was 円765 Mil. Fukuoka REIT's Revenue for the six months ended in Aug. 2023 was 円9,285 Mil. Hence, Fukuoka REIT's Days Sales Outstanding for the six months ended in Aug. 2023 was 15.03.

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

TSE:8968' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.95 Med: 11.28 Max: 18.05
Current: 15.15

During the past 13 years, Fukuoka REIT's highest Days Sales Outstanding was 18.05. The lowest was 8.95. And the median was 11.28.

TSE:8968's Days Sales Outstanding is ranked better than
59.71% of 618 companies
in the REITs industry
Industry Median: 22.35 vs TSE:8968: 15.15

Fukuoka REIT's Days Sales Outstanding increased from Aug. 2022 (14.47) to Aug. 2023 (15.03).

Fukuoka REIT Days Sales Outstanding Historical Data

The historical data trend for Fukuoka 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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Fukuoka REIT Days Sales Outstanding Chart

Fukuoka REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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12.32

18.05

16.81

14.41

15.73

Fukuoka REIT 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															12.70	14.47	15.41	15.03	15.48

Competitive Comparison of Fukuoka REIT's Days Sales Outstanding

For the REIT - Diversified subindustry, Fukuoka 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.

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

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

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

Fukuoka 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.

Fukuoka REIT'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
=	( (788.376	+	791.122)	/	2 )	/	18322.064	*	365
=	789.749					/	18322.064	*	365
=	15.73

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

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (738.177	+	791.122)	/	2 )	/	9284.701	*	365 / 2
=	764.6495					/	9284.701	*	365 / 2
=	15.03

Fukuoka REIT (TSE:8968) Days Sales Outstanding Explanation

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

Fukuoka REIT Days Sales Outstanding Related Terms

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Fukuoka REIT (TSE:8968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fukuoka REIT Corp (TSE:8968) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018

Website

http://www.fukuoka-reit.jp

Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.

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