Cromwell Property Group (ASX:CMW) Days Sales Outstanding : 59.88 (As of Dec. 2023)

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What is Cromwell Property Group Days Sales Outstanding?

Cromwell Property Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$43.1 Mil. Cromwell Property Group's Revenue for the six months ended in Dec. 2023 was A$131.2 Mil. Hence, Cromwell Property Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 59.88.

The historical rank and industry rank for Cromwell Property Group's Days Sales Outstanding or its related term are showing as below:

ASX:CMW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.09 Med: 46.01 Max: 109.36
Current: 109.36

During the past 13 years, Cromwell Property Group's highest Days Sales Outstanding was 109.36. The lowest was 9.09. And the median was 46.01.

ASX:CMW's Days Sales Outstanding is ranked worse than
87.36% of 617 companies
in the REITs industry
Industry Median: 22.44 vs ASX:CMW: 109.36

Cromwell Property Group's Days Sales Outstanding declined from Dec. 2022 (118.50) to Dec. 2023 (59.88).

Cromwell Property Group Days Sales Outstanding Historical Data

The historical data trend for Cromwell Property Group'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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Cromwell Property Group Days Sales Outstanding Chart

Cromwell Property Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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62.32

51.27

48.89

43.13

39.23

Cromwell Property Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															52.31	47.13	118.50	119.51	59.88

Competitive Comparison of Cromwell Property Group's Days Sales Outstanding

For the REIT - Office subindustry, Cromwell Property Group'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.

Cromwell Property Group's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cromwell Property Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cromwell Property Group's Days Sales Outstanding falls into.

Cromwell Property Group 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.

Cromwell Property Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (34.5	+	40.6)	/	2 )	/	349.4	*	365
=	37.55					/	349.4	*	365
=	39.23

Cromwell Property Group'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (40.6	+	45.5)	/	2 )	/	131.2	*	365 / 2
=	43.05					/	131.2	*	365 / 2
=	59.88

Cromwell Property Group (ASX:CMW) Days Sales Outstanding Explanation

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

Cromwell Property Group Days Sales Outstanding Related Terms

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Cromwell Property Group (ASX:CMW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cromwell Property Group (ASX:CMW) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

C4Q:Germany

Address

200 Mary Street, Level 19, Brisbane, QLD, AUS, 4000

Website

https://www.cromwellpropertygroup.com

Cromwell Property Group is an internally managed Australian real estate investment trust. It owns an Australian portfolio of (mostly office) properties and also develops and manages properties on behalf of third-party investors. The group is exploring opportunities to sell some assets, and to spin out its office portfolio into a separate REIT, leaving the Cromwell business to focus more on funds management. The timetable is uncertain given high interest rates are a headwind for property sales and sentiment toward office stocks has been depressed since the rise of hybrid working.

Cromwell Property Group (ASX:CMW) Headlines

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