Hankyu Hanshin REIT (TSE:8977) Days Sales Outstanding : 1.33 (As of May. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Hankyu Hanshin REIT Days Sales Outstanding?

Hankyu Hanshin REIT's average Accounts Receivable for the six months ended in May. 2023 was 円42 Mil. Hankyu Hanshin REIT's Revenue for the six months ended in May. 2023 was 円5,823 Mil. Hence, Hankyu Hanshin REIT's Days Sales Outstanding for the six months ended in May. 2023 was 1.33.

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

TSE:8977' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.08 Med: 0.25 Max: 1.13
Current: 1.13

During the past 13 years, Hankyu Hanshin REIT's highest Days Sales Outstanding was 1.13. The lowest was 0.08. And the median was 0.25.

TSE:8977's Days Sales Outstanding is ranked better than
96.92% of 617 companies
in the REITs industry
Industry Median: 22.44 vs TSE:8977: 1.13

Hankyu Hanshin REIT's Days Sales Outstanding increased from May. 2022 (0.69) to May. 2023 (1.33).

Hankyu Hanshin REIT Days Sales Outstanding Historical Data

The historical data trend for Hankyu Hanshin 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.

* Premium members only.

Hankyu Hanshin REIT Days Sales Outstanding Chart

Hankyu Hanshin REIT Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Days Sales Outstanding

Get a 7-Day Free Trial

0.08

0.29

0.39

0.49

0.67

Hankyu Hanshin REIT Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Days Sales Outstanding	Get a 7-Day Free Trial															0.42	0.60	0.69	0.69	1.33

Competitive Comparison of Hankyu Hanshin REIT's Days Sales Outstanding

For the REIT - Diversified subindustry, Hankyu Hanshin 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.

Hankyu Hanshin REIT's Days Sales Outstanding Distribution in the REITs Industry

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

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

Hankyu Hanshin 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.

Hankyu Hanshin REIT's Days Sales Outstanding for the fiscal year that ended in Nov. 2022 is calculated as

	Days Sales Outstanding (A: Nov. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2021 )	+	Accounts Receivable (A: Nov. 2022 ))	/	count )	/	Revenue (A: Nov. 2022 )	*	Days in Period
=	( (20.831	+	20.742)	/	2 )	/	11376.612	*	365
=	20.7865					/	11376.612	*	365
=	0.67

Hankyu Hanshin REIT's Days Sales Outstanding for the quarter that ended in May. 2023 is calculated as:

	Days Sales Outstanding (Q: May. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: May. 2023 ))	/	count )	/	Revenue (A: May. 2023 )	*	Days in Period
=	( (20.742	+	64.204)	/	2 )	/	5823.337	*	365 / 2
=	42.473					/	5823.337	*	365 / 2
=	1.33

Hankyu Hanshin REIT (TSE:8977) Days Sales Outstanding Explanation

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

Hankyu Hanshin REIT Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Hankyu Hanshin REIT's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Hankyu Hanshin REIT (TSE:8977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hankyu Hanshin REIT Inc (TSE:8977) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

19-19, Chayamachi, Kita-ku, Osaka, JPN, 530-0013

Website

https://www.hankyuhanshinreit.co.jp

Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.

Hankyu Hanshin REIT (TSE:8977) Headlines

No Headlines