Choice Properties Real Estate Investment Trust (TSX:CHP.UN) Days Sales Outstanding : 48.25 (As of Sep. 2024)

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What is Choice Properties Real Estate Investment Trust Days Sales Outstanding?

Choice Properties Real Estate Investment Trust's average Accounts Receivable for the three months ended in Sep. 2024 was C$180 Mil. Choice Properties Real Estate Investment Trust's Revenue for the three months ended in Sep. 2024 was C$340 Mil. Hence, Choice Properties Real Estate Investment Trust's Days Sales Outstanding for the three months ended in Sep. 2024 was 48.25.

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

TSX:CHP.UN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.86 Med: 11.64 Max: 39.42
Current: 39.42

During the past 11 years, Choice Properties Real Estate Investment Trust's highest Days Sales Outstanding was 39.42. The lowest was 3.86. And the median was 11.64.

TSX:CHP.UN's Days Sales Outstanding is ranked worse than
65.59% of 680 companies
in the REITs industry
Industry Median: 22.445 vs TSX:CHP.UN: 39.42

Choice Properties Real Estate Investment Trust's Days Sales Outstanding increased from Sep. 2023 (35.43) to Sep. 2024 (48.25).

Choice Properties Real Estate Investment Trust Days Sales Outstanding Historical Data

The historical data trend for Choice Properties Real Estate Investment Trust'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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Choice Properties Real Estate Investment Trust Days Sales Outstanding Chart

Choice Properties Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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13.83

19.77

21.20

21.97

26.48

Choice Properties Real Estate Investment Trust Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															35.43	30.39	34.33	46.98	48.25

Competitive Comparison of Choice Properties Real Estate Investment Trust's Days Sales Outstanding

For the REIT - Retail subindustry, Choice Properties Real Estate Investment Trust'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.

Choice Properties Real Estate Investment Trust's Days Sales Outstanding Distribution in the REITs Industry

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

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

Choice Properties Real Estate Investment Trust 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.

Choice Properties Real Estate Investment Trust's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (80.029	+	113.661)	/	2 )	/	1334.804	*	365
=	96.845					/	1334.804	*	365
=	26.48

Choice Properties Real Estate Investment Trust's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (196.26	+	163.184)	/	2 )	/	339.898	*	365 / 4
=	179.722					/	339.898	*	365 / 4
=	48.25

Choice Properties Real Estate Investment Trust (TSX:CHP.UN) Days Sales Outstanding Explanation

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

Choice Properties Real Estate Investment Trust Days Sales Outstanding Related Terms

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Choice Properties Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Choice Properties Real Estate Investment Trust (TSX:CHP.UN) » Definitions » Days Sales Outstanding

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PPRQF:USA 6HC:Germany

Address

22 St. Clair Avenue East, Suite 700, Toronto, ON, CAN, M4T 2S5

Website

https://www.choicereit.ca

Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use, and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generates the majority of its revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.

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