GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mirae Asset Global Reit (XKRX:396690) » Definitions » Receivables Turnover

Mirae Asset Global Reit (XKRX:396690) Receivables Turnover : 0.00 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Mirae Asset Global 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. Mirae Asset Global Reit's Revenue for the six months ended in Sep. 2024 was ₩0 Mil. Mirae Asset Global Reit's average Accounts Receivable for the six months ended in Sep. 2024 was ₩508 Mil.


Mirae Asset Global Reit Receivables Turnover Historical Data

The historical data trend for Mirae Asset Global 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.

Mirae Asset Global Reit Receivables Turnover Chart

Mirae Asset Global Reit Annual Data
Trend Mar22 Mar23 Mar24
Receivables Turnover
125.39 52.58 29.92

Mirae Asset Global Reit Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Receivables Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Mirae Asset Global Reit's Receivables Turnover

For the REIT - Diversified subindustry, Mirae Asset Global 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.


Mirae Asset Global Reit's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Mirae Asset Global Reit's Receivables Turnover falls into.


;
;

Mirae Asset Global Reit Receivables Turnover Calculation

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

Mirae Asset Global Reit's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=11162.474 / ((452.76 + 293.329) / 2 )
=11162.474 / 373.0445
=29.92

Mirae Asset Global Reit's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0 / ((293.329 + 722.773) / 2 )
=0 / 508.051
=N/A

* 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.


Mirae Asset Global Reit  (XKRX:396690) 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.


Mirae Asset Global Reit Receivables Turnover Related Terms

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


Mirae Asset Global Reit Business Description

Traded in Other Exchanges
N/A
Address
Jongno 33, Jongno-gu, Seoul, KOR
Website
Mirae Asset Global Reit is a real estate investment trust engaged in investing in real estate rentals.

Mirae Asset Global Reit Headlines

No Headlines