Daiwa Office Investment (TSE:8976) Days Sales Outstanding : 1.27 (As of Nov. 2023)

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What is Daiwa Office Investment Days Sales Outstanding?

Daiwa Office Investment's average Accounts Receivable for the six months ended in Nov. 2023 was 円95 Mil. Daiwa Office Investment's Revenue for the six months ended in Nov. 2023 was 円13,646 Mil. Hence, Daiwa Office Investment's Days Sales Outstanding for the six months ended in Nov. 2023 was 1.27.

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

TSE:8976' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.23 Med: 3.19 Max: 6.38
Current: 1.23

During the past 13 years, Daiwa Office Investment's highest Days Sales Outstanding was 6.38. The lowest was 1.23. And the median was 3.19.

TSE:8976's Days Sales Outstanding is ranked better than
96.58% of 614 companies
in the REITs industry
Industry Median: 22.95 vs TSE:8976: 1.23

Daiwa Office Investment's Days Sales Outstanding increased from Nov. 2022 (1.23) to Nov. 2023 (1.27).

Daiwa Office Investment Days Sales Outstanding Historical Data

The historical data trend for Daiwa Office Investment'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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Daiwa Office Investment Days Sales Outstanding Chart

Daiwa Office Investment Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Days Sales Outstanding

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2.90

2.54

3.48

3.52

1.87

Daiwa Office Investment Semi-Annual Data
	May14	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															2.53	1.74	1.23	1.18	1.27

Competitive Comparison of Daiwa Office Investment's Days Sales Outstanding

For the REIT - Office subindustry, Daiwa Office Investment'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.

Daiwa Office Investment's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Daiwa Office Investment's Days Sales Outstanding falls into.

Daiwa Office Investment 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.

Daiwa Office Investment's Days Sales Outstanding for the fiscal year that ended in Nov. 2022 is calculated as

	Days Sales Outstanding (A: Nov. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2021 )	+	Accounts Receivable (A: Nov. 2022 ))	/	count )	/	Revenue (A: Nov. 2022 )	*	Days in Period
=	( (189.915	+	100.636)	/	2 )	/	28366.205	*	365
=	145.2755					/	28366.205	*	365
=	1.87

Daiwa Office Investment'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
=	( (94.142	+	95.994)	/	2 )	/	13646.228	*	365 / 2
=	95.068					/	13646.228	*	365 / 2
=	1.27

Daiwa Office Investment (TSE:8976) Days Sales Outstanding Explanation

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

Daiwa Office Investment Days Sales Outstanding Related Terms

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Daiwa Office Investment (TSE:8976) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa Office Investment Corp (TSE:8976) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-2-1 Ginza, Chuo-ku, Tokyo, JPN

Website

https://www.daiwa-office.co.jp

Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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