Heiwa Real Estate REIT (TSE:8966) Days Sales Outstanding : 2.82 (As of Nov. 2023)

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What is Heiwa Real Estate REIT Days Sales Outstanding?

Heiwa Real Estate REIT's average Accounts Receivable for the six months ended in Nov. 2023 was 円134 Mil. Heiwa Real Estate REIT's Revenue for the six months ended in Nov. 2023 was 円8,657 Mil. Hence, Heiwa Real Estate REIT's Days Sales Outstanding for the six months ended in Nov. 2023 was 2.82.

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

TSE:8966' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.15 Med: 1.55 Max: 3.06
Current: 2.92

During the past 13 years, Heiwa Real Estate REIT's highest Days Sales Outstanding was 3.06. The lowest was 1.15. And the median was 1.55.

TSE:8966's Days Sales Outstanding is ranked better than
92.2% of 615 companies
in the REITs industry
Industry Median: 23.74 vs TSE:8966: 2.92

Heiwa Real Estate REIT's Days Sales Outstanding increased from Nov. 2022 (1.66) to Nov. 2023 (2.82).

Heiwa Real Estate REIT Days Sales Outstanding Historical Data

The historical data trend for Heiwa Real Estate 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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Heiwa Real Estate REIT Days Sales Outstanding Chart

Heiwa Real Estate REIT Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Sales Outstanding

Get a 7-Day Free Trial

1.55

1.15

1.18

2.72

Heiwa Real Estate REIT Semi-Annual Data
	Nov13	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Days Sales Outstanding	Get a 7-Day Free Trial															1.26	1.50	1.66	3.25	2.82

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

For the REIT - Diversified subindustry, Heiwa Real Estate 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.

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

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

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

Heiwa Real Estate 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.

Heiwa Real Estate REIT's Days Sales Outstanding for the fiscal year that ended in Nov. 2023 is calculated as

	Days Sales Outstanding (A: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (0	+	124.285)	/	1 )	/	16706.808	*	365
=	124.285					/	16706.808	*	365
=	2.72

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

	Days Sales Outstanding (Q: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2023 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (143.222	+	124.285)	/	2 )	/	8656.858	*	365 / 2
=	133.7535					/	8656.858	*	365 / 2
=	2.82

Heiwa Real Estate REIT (TSE:8966) 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 REIT Days Sales Outstanding Related Terms

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Heiwa Real Estate REIT (TSE:8966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Heiwa Real Estate REIT Inc (TSE:8966) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-5-1, Atago, Minato-ku, Tokyo, JPN, 105-6237

Website

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

Heiwa Real Estate REIT Inc is a real estate company that primarily invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other major cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services. The company's assets are managed by Heiwa Real Estate Asset Management Co.

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