Argosy Property (NZSE:ARG) Days Sales Outstanding : 3.09 (As of Sep. 2023)

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What is Argosy Property Days Sales Outstanding?

Argosy Property's average Accounts Receivable for the six months ended in Sep. 2023 was NZ$1.3 Mil. Argosy Property's Revenue for the six months ended in Sep. 2023 was NZ$76.3 Mil. Hence, Argosy Property's Days Sales Outstanding for the six months ended in Sep. 2023 was 3.09.

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

NZSE:ARG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.83 Med: 4.83 Max: 6.15
Current: 4.48

During the past 13 years, Argosy Property's highest Days Sales Outstanding was 6.15. The lowest was 3.83. And the median was 4.83.

NZSE:ARG's Days Sales Outstanding is ranked better than
88.76% of 614 companies
in the REITs industry
Industry Median: 23.15 vs NZSE:ARG: 4.48

Argosy Property's Days Sales Outstanding declined from Sep. 2022 (5.59) to Sep. 2023 (3.09).

Argosy Property Days Sales Outstanding Historical Data

The historical data trend for Argosy Property'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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Argosy Property Days Sales Outstanding Chart

Argosy Property Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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4.52

4.84

5.25

4.49

3.83

Argosy Property Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															6.31	5.54	5.59	5.75	3.09

Competitive Comparison of Argosy Property's Days Sales Outstanding

For the REIT - Diversified subindustry, Argosy Property'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.

Argosy Property's Days Sales Outstanding Distribution in the REITs Industry

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

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

Argosy Property 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.

Argosy Property's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (1.306	+	1.725)	/	2 )	/	144.535	*	365
=	1.5155					/	144.535	*	365
=	3.83

Argosy Property's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1.725	+	0.856)	/	2 )	/	76.277	*	365 / 2
=	1.2905					/	76.277	*	365 / 2
=	3.09

Argosy Property (NZSE:ARG) Days Sales Outstanding Explanation

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

Argosy Property Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Argosy Property's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Argosy Property (NZSE:ARG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Argosy Property Ltd (NZSE:ARG) » Definitions » Days Sales Outstanding

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IGPYF:USA

Address

Victoria Street West, P.O. Box 90214, 39 Market Place, Auckland, NTL, NZL, 1142

Website

https://www.argosy.co.nz

Argosy Property Ltd's business activity is to invest in and actively manage properties throughout New Zealand. The company's portfolio is centred on the Auckland and Wellington markets and is diversified by industrial, office and Large format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centres, and entertainment venues.

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