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IREIT Global (SGX:8U7U) Receivables Turnover : 4.59 (As of Dec. 2023)


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What is IREIT Global 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. IREIT Global's Revenue for the six months ended in Dec. 2023 was €36.55 Mil. IREIT Global's average Accounts Receivable for the six months ended in Dec. 2023 was €7.96 Mil. Hence, IREIT Global's Receivables Turnover for the six months ended in Dec. 2023 was 4.59.


IREIT Global Receivables Turnover Historical Data

The historical data trend for IREIT Global'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.

IREIT Global Receivables Turnover Chart

IREIT Global 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 68.81 48.90 41.95 31.70 11.80

IREIT Global Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 11.69 8.31 7.86 5.93 4.59

Competitive Comparison of IREIT Global's Receivables Turnover

For the REIT - Office subindustry, IREIT Global'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.


IREIT Global's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where IREIT Global's Receivables Turnover falls into.



IREIT Global Receivables Turnover Calculation

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

IREIT Global'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 )
=64.977 / ((2.344 + 8.669) / 2 )
=64.977 / 5.5065
=11.80

IREIT Global's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=36.549 / ((7.25 + 8.669) / 2 )
=36.549 / 7.9595
=4.59

* 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.


IREIT Global  (SGX:8U7U) 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.


IREIT Global Receivables Turnover Related Terms

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IREIT Global (SGX:8U7U) Business Description

Traded in Other Exchanges
Address
1 Wallich Street, No. 15-03 Guoco Tower, Singapore, SGP, 078881
IREIT Global is a real estate investment trust. It invests directly or indirectly, in a portfolio of income-producing real estate in Europe, which is used for office purposes, as well as real estate-related assets. The company's properties portfolio comprises 37 properties & German portfolio includes Berlin Campus, Bonn Campus, Darmstadt Campus, Munster Campus, and Concor Park.

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