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Dipulaome Fund (JSE:DIB) Receivables Turnover : 4.48 (As of Feb. 2024)


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What is Dipulaome Fund 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. Dipulaome Fund's Revenue for the six months ended in Feb. 2024 was R755 Mil. Dipulaome Fund's average Accounts Receivable for the six months ended in Feb. 2024 was R169 Mil. Hence, Dipulaome Fund's Receivables Turnover for the six months ended in Feb. 2024 was 4.48.


Dipulaome Fund Receivables Turnover Historical Data

The historical data trend for Dipulaome Fund'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.

Dipulaome Fund Receivables Turnover Chart

Dipulaome Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.67 25.20 18.84 17.37 15.05

Dipulaome Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 5.21 4.92 4.80 4.63 4.48

Competitive Comparison of Dipulaome Fund's Receivables Turnover

For the REIT - Retail subindustry, Dipulaome Fund'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.


Dipulaome Fund's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dipulaome Fund's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dipulaome Fund's Receivables Turnover falls into.



Dipulaome Fund Receivables Turnover Calculation

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

Dipulaome Fund's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Receivables Turnover (A: Aug. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2023 ) / ((Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count )
=1395.041 / ((84.847 + 100.596) / 2 )
=1395.041 / 92.7215
=15.05

Dipulaome Fund's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Aug. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=754.982 / ((100.596 + 236.551) / 2 )
=754.982 / 168.5735
=4.48

* 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.


Dipulaome Fund  (JSE:DIB) 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.


Dipulaome Fund Receivables Turnover Related Terms

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Dipulaome Fund Business Description

Traded in Other Exchanges
N/A
Address
16 Baker Street, 12th Floor, Firestation Rosebank, Rosebank, Johannesburg, GT, ZAF, 2196
Dipula Income Fund Ltd is a South Africa-based real estate investment trust. It owns a diversified portfolio of investments in different sectors in all nine provinces of South Africa. Its segments include Retail, Offices, Industrial, Land, Residential, and Corporate. A substantial part of the company's overall revenue is derived from its Retail segment. The majority of its properties are in Gauteng.

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