Japan Real Estate Investment (TSE:8952) Receivables Turnover : 73.16 (As of Sep. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Japan Real Estate 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. Japan Real Estate Investment's Revenue for the six months ended in Sep. 2023 was 円38,628 Mil. Japan Real Estate Investment's average Accounts Receivable for the six months ended in Sep. 2023 was 円528 Mil. Hence, Japan Real Estate Investment's Receivables Turnover for the six months ended in Sep. 2023 was 73.16.

Japan Real Estate Investment Receivables Turnover Historical Data

The historical data trend for Japan Real Estate 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.

* Premium members only.

Japan Real Estate Investment Receivables Turnover Chart

Japan Real Estate Investment Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

Get a 7-Day Free Trial

196.53

187.87

186.67

184.01

146.99

Japan Real Estate Investment Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															85.73	76.91	70.04	78.21	73.16

Competitive Comparison of Japan Real Estate Investment's Receivables Turnover

For the REIT - Office subindustry, Japan Real Estate 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.

Japan Real Estate Investment's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Japan Real Estate Investment's Receivables Turnover falls into.

Japan Real Estate Investment Receivables Turnover Calculation

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

Japan Real Estate Investment's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	75973.12	/ (	(466.371	+	567.325)	/	2 )
=	75973.12	/	516.848
=	146.99

Japan Real Estate Investment's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	38627.973	/ (	(488.615	+	567.325)	/	2 )
=	38627.973	/	527.97
=	73.16

Japan Real Estate Investment (TSE:8952) 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.

Japan Real Estate Investment Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Japan Real Estate Investment's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Japan Real Estate Investment (TSE:8952) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Japan Real Estate Investment Corp (TSE:8952) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.j-re.co.jp

Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, most of J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its largest customers in terms of total leased space.

Japan Real Estate Investment (TSE:8952) Headlines

No Headlines