Deyaar Development PJSC (DFM:DEYAAR) Receivables Turnover : 0.54 (As of Mar. 2024)

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What is Deyaar Development PJSC 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. Deyaar Development PJSC's Revenue for the three months ended in Mar. 2024 was د.إ328 Mil. Deyaar Development PJSC's average Accounts Receivable for the three months ended in Mar. 2024 was د.إ605 Mil. Hence, Deyaar Development PJSC's Receivables Turnover for the three months ended in Mar. 2024 was 0.54.

Deyaar Development PJSC Receivables Turnover Historical Data

The historical data trend for Deyaar Development PJSC'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.

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Deyaar Development PJSC Receivables Turnover Chart

Deyaar Development PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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1.73

1.49

3.61

7.38

6.86

Deyaar Development PJSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.93	0.49	0.42	0.63	0.54

Competitive Comparison of Deyaar Development PJSC's Receivables Turnover

For the Real Estate - Development subindustry, Deyaar Development PJSC'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.

Deyaar Development PJSC's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deyaar Development PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Deyaar Development PJSC's Receivables Turnover falls into.

Deyaar Development PJSC Receivables Turnover Calculation

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

Deyaar Development PJSC'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 )
=	1254.288	/ (	(117.816	+	247.655)	/	2 )
=	1254.288	/	182.7355
=	6.86

Deyaar Development PJSC's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	327.848	/ (	(247.655	+	961.741)	/	2 )
=	327.848	/	604.698
=	0.54

Deyaar Development PJSC (DFM:DEYAAR) 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.

Deyaar Development PJSC Receivables Turnover Related Terms

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Deyaar Development PJSC (DFM:DEYAAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Deyaar Development PJSC (DFM:DEYAAR) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Deyaar Building, Level 5, P.O. Box 30833, Besides Mall of the Emirates, Al Barsha, Dubai, ARE

Website

http://www.deyaar.ae

Deyaar Development PJSC is a real estate development company in Dubai. It has projects in Business Bay, Dubai Marina, Al Barsha, Jumeirah Lake Towers, Dubai Production City, and Dubai Silicon Oasis among other locations. The company's projects include residential tower developments, commercial tower developments, and hospitality developments. The company's business operations are divided into three segments: Property Development, and Properties and facilities Management and Hospitality related activities. The Property Development segment develops residential, commercial, and retail space for sale and lease. The Property Development segment is responsible for generating the majority of the company's revenue.

Deyaar Development PJSC (DFM:DEYAAR) Headlines

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