Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) Days Sales Outstanding : 18.78 (As of Mar. 2024)

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What is Corporacion Inmobiliaria VestaB de CV Days Sales Outstanding?

Corporacion Inmobiliaria VestaB de CV's average Accounts Receivable for the three months ended in Mar. 2024 was $12.5 Mil. Corporacion Inmobiliaria VestaB de CV's Revenue for the three months ended in Mar. 2024 was $60.6 Mil. Hence, Corporacion Inmobiliaria VestaB de CV's Days Sales Outstanding for the three months ended in Mar. 2024 was 18.78.

The historical rank and industry rank for Corporacion Inmobiliaria VestaB de CV's Days Sales Outstanding or its related term are showing as below:

VESTF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.06 Med: 19.59 Max: 35.57
Current: 24.11

During the past 13 years, Corporacion Inmobiliaria VestaB de CV's highest Days Sales Outstanding was 35.57. The lowest was 16.06. And the median was 19.59.

VESTF's Days Sales Outstanding is ranked better than
59.62% of 1669 companies
in the Real Estate industry
Industry Median: 36.92 vs VESTF: 24.11

Corporacion Inmobiliaria VestaB de CV's Days Sales Outstanding increased from Dec. 2022 (14.42) to Mar. 2024 (18.78).

Corporacion Inmobiliaria VestaB de CV Days Sales Outstanding Historical Data

The historical data trend for Corporacion Inmobiliaria VestaB de CV'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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Corporacion Inmobiliaria VestaB de CV Days Sales Outstanding Chart

Corporacion Inmobiliaria VestaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.74

17.82

17.48

17.15

15.14

Corporacion Inmobiliaria VestaB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															14.42	17.15	16.17	15.50	18.78

Competitive Comparison of Corporacion Inmobiliaria VestaB de CV's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Corporacion Inmobiliaria VestaB de CV'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.

Corporacion Inmobiliaria VestaB de CV's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Corporacion Inmobiliaria VestaB de CV's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Corporacion Inmobiliaria VestaB de CV's Days Sales Outstanding falls into.

Corporacion Inmobiliaria VestaB de CV 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.

Corporacion Inmobiliaria VestaB de CV's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (7.69	+	10.101)	/	2 )	/	214.468	*	365
=	8.8955					/	214.468	*	365
=	15.14

Corporacion Inmobiliaria VestaB de CV's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (10.101	+	14.838)	/	2 )	/	60.59	*	365 / 4
=	12.4695					/	60.59	*	365 / 4
=	18.78

Corporacion Inmobiliaria VestaB de CV (OTCPK:VESTF) Days Sales Outstanding Explanation

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

Corporacion Inmobiliaria VestaB de CV Days Sales Outstanding Related Terms

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Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Corporacion Inmobiliaria Vesta SAB de CV (OTCPK:VESTF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VTMX:USA VESTA:Mexico

Address

Paseo de los Tamarindos, 90 Torre 2, 28th Floor, Cuajimalpa de Morelos, Mexico, MEX, 05120

Website

http://www.vesta.com.mx

Corporacion Inmobiliaria Vesta SAB de CV is a real estate company dedicated to the development and leasing of industrial buildings and distribution centers in Mexico. The company designs and constructs park-to-suit projects across various industries; undertakes build-to-suit projects; and provides site selection, design and engineering, and sale and leaseback services. It serves aerospace, automotive, food and beverage, logistics, medical devices, plastics, and other industries.