Heiwa Real Estate Co (TSE:8803) Days Sales Outstanding : 26.74 (As of Dec. 2023)

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What is Heiwa Real Estate Co Days Sales Outstanding?

Heiwa Real Estate Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円2,205 Mil. Heiwa Real Estate Co's Revenue for the three months ended in Dec. 2023 was 円7,524 Mil. Hence, Heiwa Real Estate Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.74.

The historical rank and industry rank for Heiwa Real Estate Co's Days Sales Outstanding or its related term are showing as below:

TSE:8803' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.55 Med: 10.77 Max: 17.88
Current: 17.88

During the past 13 years, Heiwa Real Estate Co's highest Days Sales Outstanding was 17.88. The lowest was 8.55. And the median was 10.77.

TSE:8803's Days Sales Outstanding is ranked better than
65.57% of 1667 companies
in the Real Estate industry
Industry Median: 36.46 vs TSE:8803: 17.88

Heiwa Real Estate Co's Days Sales Outstanding increased from Dec. 2022 (26.12) to Dec. 2023 (26.74).

Heiwa Real Estate Co Days Sales Outstanding Historical Data

The historical data trend for Heiwa Real Estate Co's Days Sales Outstanding 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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Heiwa Real Estate Co Days Sales Outstanding Chart

Heiwa Real Estate Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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8.55

14.34

10.86

15.48

16.76

Heiwa Real Estate Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															15.63	13.23	15.17	26.74	23.75

Competitive Comparison of Heiwa Real Estate Co's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Heiwa Real Estate Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Heiwa Real Estate Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Heiwa Real Estate Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Heiwa Real Estate Co's Days Sales Outstanding falls into.

Heiwa Real Estate Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Heiwa Real Estate Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1967	+	2114)	/	2 )	/	44433	*	365
=	2040.5					/	44433	*	365
=	16.76

Heiwa Real Estate Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1985	+	2424)	/	2 )	/	7524	*	365 / 4
=	2204.5					/	7524	*	365 / 4
=	26.74

Heiwa Real Estate Co (TSE:8803) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Heiwa Real Estate Co Days Sales Outstanding Related Terms

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Heiwa Real Estate Co (TSE:8803) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Heiwa Real Estate Co Ltd (TSE:8803) » Definitions » Days Sales Outstanding

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HZJ:Germany

Address

1-10, Nihonbashi Kabuto-cho, Chuo-ku, Tokyo, JPN, 103-8222

Website

http://www.heiwa-net.co.jp

Heiwa Real Estate Co Ltd is primarily engaged in the leasing and development of real estate properties. The company's operates three reporting segments. The leasing business consists of ownership, leasing, management, and operation of stock exchanges, offices, commercial facilities, housing, conference venues, restaurants, and others. The real estate solutions segment consists of the development, operation and management of income property; the development and sale of houses; and the brokerage of real estate. The other businesses segment manages and renovates buildings and also operates an insurance agency and a private nursing-home business.

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