XYMAX REIT Investment (TSE:3488) Receivables Turnover : 44.29 (As of Aug. 2024)

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What is XYMAX REIT Investment 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. XYMAX REIT Investment's Revenue for the six months ended in Aug. 2024 was 円1,682 Mil. XYMAX REIT Investment's average Accounts Receivable for the six months ended in Aug. 2024 was 円38 Mil. Hence, XYMAX REIT Investment's Receivables Turnover for the six months ended in Aug. 2024 was 44.29.

XYMAX REIT Investment Receivables Turnover Historical Data

The historical data trend for XYMAX 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.

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XYMAX REIT Investment Receivables Turnover Chart

XYMAX REIT Investment Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Receivables Turnover

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107.55

104.13

106.76

87.73

82.77

XYMAX REIT Investment Semi-Annual Data
	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Receivables Turnover	Get a 7-Day Free Trial									66.41	48.17	47.76	46.19	44.29

Competitive Comparison of XYMAX REIT Investment's Receivables Turnover

For the REIT - Diversified subindustry, XYMAX 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.

XYMAX REIT Investment's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where XYMAX REIT Investment's Receivables Turnover falls into.

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XYMAX REIT Investment Receivables Turnover Calculation

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

XYMAX REIT Investment's Receivables Turnover for the fiscal year that ended in Aug. 2024 is calculated as

	Receivables Turnover (A: Aug. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2024 )	/ (	(Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Aug. 2024 ))	/	count )
=	3345.102	/ (	(38.436	+	42.392)	/	2 )
=	3345.102	/	40.414
=	82.77

XYMAX REIT Investment's Receivables Turnover for the quarter that ended in Aug. 2024 is calculated as

	Receivables Turnover (Q: Aug. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2024 )	/ (	(Accounts Receivable (Q: Feb. 2024 )	+	Accounts Receivable (Q: Aug. 2024 ))	/	count )
=	1682.187	/ (	(33.564	+	42.392)	/	2 )
=	1682.187	/	37.978
=	44.29

XYMAX REIT Investment (TSE:3488) 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.

XYMAX REIT Investment Receivables Turnover Related Terms

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XYMAX REIT Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » XYMAX REIT Investment Corp (TSE:3488) » Definitions » Receivables Turnover

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Address

1-1 Akasaka 1-chome, Minato-ku, Tokyo, JPN, 107-0052

Website

https://www.xymax.co.jp

XYMAX REIT Investment Corp works as a real estate manager. The company offers a range of services including leasing, managing, brokerage, consulting and other services. It operates properties including office, retail, logistics and hotel buildings based on contract.

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