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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. NIPPON REIT Investment's Revenue for the
six
months ended in Dec. 2025 was 円11,654 Mil. NIPPON REIT Investment's average Accounts Receivable for the
six
months ended in Dec. 2025 was 円205 Mil.
Hence, NIPPON REIT Investment's Receivables Turnover for the
six
months ended in Dec. 2025 was 56.74.
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.
NIPPON REIT Investment Receivables Turnover Related Terms
NIPPON REIT Investment Receivables Turnover Historical Data
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The historical data trend for NIPPON REIT Investment'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.
TSE:3296 vs BXP, ARE, VNO: Receivables Turnover Comparison
For the REIT - Office subindustry, NIPPON REIT Investment'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.
NIPPON REIT Investment Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, NIPPON REIT Investment's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where NIPPON REIT Investment's Receivables Turnover falls into.
* 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.
NIPPON REIT Investment (TSE:3296) has a Receivables Turnover of 56.74 as of Dec. 2025. The accounts 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. View historical data on NIPPON REIT Investment and its competitors. According to the industry distribution chart, NIPPON REIT Investment ranks #45 out of 664 companies in the REITs industry, placing it in the top 6.8%.
Is NIPPON REIT Investment's Receivables Turnover too high?
NIPPON REIT Investment's current Receivables Turnover is 56.74. The REITs industry median Receivables Turnover is 15.85. NIPPON REIT Investment's value of 56.74 is 258% above this industry median. Based on the distribution chart, NIPPON REIT Investment ranks #45 out of 664 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, NIPPON REIT Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIPPON REIT Investment's Receivables Turnover compare to BXP and ARE?
According to the REITs industry distribution chart, NIPPON REIT Investment ranks #45 out of 664 companies for Receivables Turnover. This places NIPPON REIT Investment in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 15.85. NIPPON REIT Investment's value of 56.74 is 258% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a REITs company?
The median Receivables Turnover among REITs companies is 15.85, based on 664 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NIPPON REIT Investment's current Receivables Turnover of 56.74 is 258% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on NIPPON REIT Investment and its competitors. For the REITs industry, the median Receivables Turnover is 15.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON REIT Investment's current Receivables Turnover is 56.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, NIPPON REIT Investment (TSE:3296) is currently considered Modestly Undervalued. The stock's GF Value™ is 円93,812.98, compared to a current price of 円81,600.00 — trading 13% below its estimated fair value. The current Receivables Turnover is 56.74 and 258% above the REITs industry median of 15.85. NIPPON REIT Investment's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For NIPPON REIT Investment (TSE:3296), the current Receivables Turnover is 56.74 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NIPPON REIT Investment (TSE:3296) Overvalued in 2026?
Based on GuruFocus' analysis, NIPPON REIT Investment stock appears to be undervalued.
The current stock price of 円81,600.00 is trading 13% below its estimated GF Value™ of 円93,812.98.
GuruFocus considers NIPPON REIT Investment to be Modestly Undervalued.
Key valuation signals for TSE:3296:
Receivables Turnover: 56.74
GF Value™: 円93,812.98 vs. price of 円81,600.00 (13% below fair value)
Industry Position: 258% above the REITs median (#45 of 664)
No single metric tells the full story. See the TSE:3296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders principally in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.
64GF Score
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