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Land And Houses Residential Freehold And Leasehold REIT (BKK:LHRREIT) Receivables Turnover : 6.17 (As of Sep. 2024)


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What is Land And Houses Residential Freehold And Leasehold REIT Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Land And Houses Residential Freehold And Leasehold REIT's Revenue for the three months ended in Sep. 2024 was ฿86.4 Mil. Land And Houses Residential Freehold And Leasehold REIT's average Accounts Receivable for the three months ended in Sep. 2024 was ฿14.0 Mil. Hence, Land And Houses Residential Freehold And Leasehold REIT's Receivables Turnover for the three months ended in Sep. 2024 was 6.17.


Land And Houses Residential Freehold And Leasehold REIT Receivables Turnover Historical Data

The historical data trend for Land And Houses Residential Freehold And Leasehold REIT's Receivables Turnover 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.

Land And Houses Residential Freehold And Leasehold REIT Receivables Turnover Chart

Land And Houses Residential Freehold And Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.77 27.42 31.81 43.15 30.69

Land And Houses Residential Freehold And Leasehold REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Receivables Turnover 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 7.74 7.08 6.15 6.09 6.17

Competitive Comparison of Land And Houses Residential Freehold And Leasehold REIT's Receivables Turnover

For the REIT - Residential subindustry, Land And Houses Residential Freehold And Leasehold REIT's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Land And Houses Residential Freehold And Leasehold REIT's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Land And Houses Residential Freehold And Leasehold REIT's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Land And Houses Residential Freehold And Leasehold REIT's Receivables Turnover falls into.



Land And Houses Residential Freehold And Leasehold REIT Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Land And Houses Residential Freehold And Leasehold REIT's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=310.633 / ((7.561 + 12.685) / 2 )
=310.633 / 10.123
=30.69

Land And Houses Residential Freehold And Leasehold REIT's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=86.436 / ((13.271 + 14.746) / 2 )
=86.436 / 14.0085
=6.17

* 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.


Land And Houses Residential Freehold And Leasehold REIT  (BKK:LHRREIT) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Land And Houses Residential Freehold And Leasehold REIT Receivables Turnover Related Terms

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Land And Houses Residential Freehold And Leasehold REIT Business Description

Traded in Other Exchanges
N/A
Address
South Sathon Road, 11 Q.House Sathon Building, Floor 14, Tungmahamek Sathon, Bangkok, THA, 10120
Land and Houses Freehold and Leasehold Property Fund is a closed-end specific property fund engaged in the rental of immovable properties. Its operations is carried on only in Thailand. The company raises funds from the public for utilizing it to purchase and/or lease immovable properties and/or accept the transfer of leasehold rights to immovable properties and/or the transfer of sub-leasehold rights to immovable properties, and to seek benefit from such immovable properties. Majority of the revenue is derived from the rental of the immovable properties in Thailand.

Land And Houses Residential Freehold And Leasehold REIT Headlines

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