Dexus Convenience Retail REIT (ASX:DXC) Days Sales Outstanding : 7.70 (As of Dec. 2023)

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What is Dexus Convenience Retail REIT Days Sales Outstanding?

Dexus Convenience Retail REIT's average Accounts Receivable for the six months ended in Dec. 2023 was A$1.22 Mil. Dexus Convenience Retail REIT's Revenue for the six months ended in Dec. 2023 was A$28.95 Mil. Hence, Dexus Convenience Retail REIT's Days Sales Outstanding for the six months ended in Dec. 2023 was 7.70.

The historical rank and industry rank for Dexus Convenience Retail REIT's Days Sales Outstanding or its related term are showing as below:

ASX:DXC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.59 Med: 6.07 Max: 8.54
Current: 8.54

During the past 6 years, Dexus Convenience Retail REIT's highest Days Sales Outstanding was 8.54. The lowest was 0.59. And the median was 6.07.

ASX:DXC's Days Sales Outstanding is ranked better than
75.9% of 614 companies
in the REITs industry
Industry Median: 23.15 vs ASX:DXC: 8.54

Dexus Convenience Retail REIT's Days Sales Outstanding declined from Dec. 2022 (9.31) to Dec. 2023 (7.70).

Dexus Convenience Retail REIT Days Sales Outstanding Historical Data

The historical data trend for Dexus Convenience Retail REIT'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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Dexus Convenience Retail REIT Days Sales Outstanding Chart

Dexus Convenience Retail REIT Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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0.79

5.18

6.96

7.40

Dexus Convenience Retail REIT Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								5.26	6.54	9.31	7.89	7.70

Competitive Comparison of Dexus Convenience Retail REIT's Days Sales Outstanding

For the REIT - Retail subindustry, Dexus Convenience Retail REIT'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.

Dexus Convenience Retail REIT's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dexus Convenience Retail REIT's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Dexus Convenience Retail REIT's Days Sales Outstanding falls into.

Dexus Convenience Retail REIT 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.

Dexus Convenience Retail REIT'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
=	( (1.528	+	0.878)	/	2 )	/	59.376	*	365
=	1.203					/	59.376	*	365
=	7.40

Dexus Convenience Retail REIT'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
=	( (0.878	+	1.566)	/	2 )	/	28.952	*	365 / 2
=	1.222					/	28.952	*	365 / 2
=	7.70

Dexus Convenience Retail REIT (ASX:DXC) Days Sales Outstanding Explanation

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

Dexus Convenience Retail REIT Days Sales Outstanding Related Terms

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Dexus Convenience Retail REIT (ASX:DXC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dexus Convenience Retail REIT (ASX:DXC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Bridge Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.dexus.com

Dexus Convenience Retail REIT is an Australian real estate investment trust. The company owns a portfolio of service stations and convenience retail assets located across Australia. The company derives all income from investments in properties located in Australia. The principal investment objective of the group is to invest in convenience retail properties that provide investors with a high and consistent income distribution that maintains its real value for the life of the group.