Sankei Real Estate (TSE:2972) Days Sales Outstanding : 4.22 (As of Aug. 2023)

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What is Sankei Real Estate Days Sales Outstanding?

Sankei Real Estate's average Accounts Receivable for the six months ended in Aug. 2023 was 円64 Mil. Sankei Real Estate's Revenue for the six months ended in Aug. 2023 was 円2,751 Mil. Hence, Sankei Real Estate's Days Sales Outstanding for the six months ended in Aug. 2023 was 4.22.

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

TSE:2972' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.19 Med: 4.65 Max: 19.21
Current: 2.19

During the past 5 years, Sankei Real Estate's highest Days Sales Outstanding was 19.21. The lowest was 2.19. And the median was 4.65.

TSE:2972's Days Sales Outstanding is ranked better than
94.46% of 614 companies
in the REITs industry
Industry Median: 22.95 vs TSE:2972: 2.19

Sankei Real Estate's Days Sales Outstanding declined from Aug. 2022 (4.60) to Aug. 2023 (4.22).

Sankei Real Estate Days Sales Outstanding Historical Data

The historical data trend for Sankei Real Estate'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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Sankei Real Estate Days Sales Outstanding Chart

Sankei Real Estate Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

19.21

5.24

3.10

4.05

Sankei Real Estate Semi-Annual Data
	Apr19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial					4.14	4.60	4.01	4.22	1.47

Competitive Comparison of Sankei Real Estate's Days Sales Outstanding

For the REIT - Office subindustry, Sankei Real Estate'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.

Sankei Real Estate's Days Sales Outstanding Distribution in the REITs Industry

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

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

Sankei Real Estate 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.

Sankei Real Estate's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (62.702	+	62.645)	/	2 )	/	5643.271	*	365
=	62.6735					/	5643.271	*	365
=	4.05

Sankei Real Estate's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (64.478	+	62.645)	/	2 )	/	2751.324	*	365 / 2
=	63.5615					/	2751.324	*	365 / 2
=	4.22

Sankei Real Estate (TSE:2972) Days Sales Outstanding Explanation

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

Sankei Real Estate Days Sales Outstanding Related Terms

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Sankei Real Estate (TSE:2972) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sankei Real Estate Inc (TSE:2972) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.s-reit.co.jp

Sankei Real Estate Inc is a Japanese based J-REIT. The company is engaged in the leasing of real estate properties, and owns office buildings.

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