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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. Daiwa Office Investment's Revenue for the
six
months ended in May. 2026 was 円16,512 Mil. Daiwa Office Investment's average Accounts Receivable for the
six
months ended in May. 2026 was 円142 Mil.
Hence, Daiwa Office Investment's Receivables Turnover for the
six
months ended in May. 2026 was 115.92.
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.
Daiwa Office Investment Receivables Turnover Related Terms
Daiwa Office Investment Receivables Turnover Historical Data
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The historical data trend for Daiwa Office 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:8976 vs BXP, ARE, VNO: Receivables Turnover Comparison
For the REIT - Office subindustry, Daiwa Office 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.
Daiwa Office Investment Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, Daiwa Office Investment's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Daiwa Office 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.
Daiwa Office Investment (TSE:8976) has a Receivables Turnover of 115.92 as of May. 2026. 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 Daiwa Office Investment and its competitors. According to the industry distribution chart, Daiwa Office Investment ranks #25 out of 668 companies in the REITs industry, placing it in the top 3.7%.
Is Daiwa Office Investment's Receivables Turnover too high?
Daiwa Office Investment's current Receivables Turnover is 115.92. The REITs industry median Receivables Turnover is 15.76. Daiwa Office Investment's value of 115.92 is 635.5% above this industry median. Based on the distribution chart, Daiwa Office Investment ranks #25 out of 668 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Daiwa Office Investment has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Office Investment's Receivables Turnover compare to BXP and ARE?
According to the REITs industry distribution chart, Daiwa Office Investment ranks #25 out of 668 companies for Receivables Turnover. This places Daiwa Office Investment in the top 4% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 15.76. Daiwa Office Investment's value of 115.92 is 635.5% 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 15.76, based on 668 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. Daiwa Office Investment's current Receivables Turnover of 115.92 is 635.5% 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 Daiwa Office Investment and its competitors. For the REITs industry, the median Receivables Turnover is 15.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Office Investment's current Receivables Turnover is 115.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Office Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Office Investment (TSE:8976) is currently considered Fairly Valued. The stock's GF Value™ is 円364,362.98, compared to a current price of 円346,500.00 — trading 4.9% below its estimated fair value. The current Receivables Turnover is 115.92 and 635.5% above the REITs industry median of 15.76. Daiwa Office Investment's overall GF Score™ is 62/100 with 4 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 Daiwa Office Investment (TSE:8976), the current Receivables Turnover is 115.92 as of May. 2026. 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 Daiwa Office Investment (TSE:8976) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa Office Investment stock appears to be undervalued.
The current stock price of 円346,500.00 is trading 4.9% below its estimated GF Value™ of 円364,362.98.
GuruFocus considers Daiwa Office Investment to be Fairly Valued.
Key valuation signals for TSE:8976:
Receivables Turnover: 115.92
GF Value™: 円364,362.98 vs. price of 円346,500.00 (4.9% below fair value)
Industry Position: 635.5% above the REITs median (#25 of 668)
No single metric tells the full story. See the TSE:8976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.
62GF Score
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