GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sekisui House Reit Inc (TSE:3309) » Definitions » Receivables Turnover

Sekisui House Reit (TSE:3309) Receivables Turnover : 76.94 (As of Oct. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Sekisui House 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. Sekisui House Reit's Revenue for the six months ended in Oct. 2023 was 円16,486 Mil. Sekisui House Reit's average Accounts Receivable for the six months ended in Oct. 2023 was 円214 Mil. Hence, Sekisui House Reit's Receivables Turnover for the six months ended in Oct. 2023 was 76.94.


Sekisui House Reit Receivables Turnover Historical Data

The historical data trend for Sekisui House 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.

Sekisui House Reit Receivables Turnover Chart

Sekisui House Reit Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 158.28 154.41 185.51 168.77 146.08

Sekisui House Reit Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 83.74 81.75 79.09 76.94 92.75

Competitive Comparison of Sekisui House Reit's Receivables Turnover

For the REIT - Diversified subindustry, Sekisui House 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.


Sekisui House Reit's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Sekisui House Reit's Receivables Turnover falls into.



Sekisui House Reit Receivables Turnover Calculation

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

Sekisui House Reit's Receivables Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Receivables Turnover (A: Oct. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Oct. 2023 ) / ((Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count )
=31851.58 / ((198.066 + 238.031) / 2 )
=31851.58 / 218.0485
=146.08

Sekisui House Reit's Receivables Turnover for the quarter that ended in Oct. 2023 is calculated as

Receivables Turnover (Q: Oct. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2023 ) / ((Accounts Receivable (Q: Apr. 2023 ) + Accounts Receivable (Q: Oct. 2023 )) / count )
=16485.644 / ((190.52 + 238.031) / 2 )
=16485.644 / 214.2755
=76.94

* 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.


Sekisui House Reit  (TSE:3309) 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.


Sekisui House Reit Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Sekisui House Reit's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Sekisui House Reit (TSE:3309) Business Description

Traded in Other Exchanges
N/A
Address
4-15-1 Akasaka, Minato-ku, Tokyo, JPN, 107-0051
Sekisui House Reit Inc is a Japan-based company that operates as a real estate investment trust. The company invests in commercial properties predominantly in office and commercial buildings, hotels, and retail properties located in the Tokyo Metropolitan Areas, Osaka, and Nagoya areas. The asset manager of the company is a subsidiary of Sekisui House, Ltd.

Sekisui House Reit (TSE:3309) Headlines

No Headlines