TAG Immobilien AG (XTER:TEG) Days Sales Outstanding : 9.07 (As of Mar. 2024)

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What is TAG Immobilien AG Days Sales Outstanding?

TAG Immobilien AG's average Accounts Receivable for the three months ended in Mar. 2024 was €27 Mil. TAG Immobilien AG's Revenue for the three months ended in Mar. 2024 was €268 Mil. Hence, TAG Immobilien AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 9.07.

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

XTER:TEG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.06 Med: 10.29 Max: 39.95
Current: 9.05

During the past 13 years, TAG Immobilien AG's highest Days Sales Outstanding was 39.95. The lowest was 5.06. And the median was 10.29.

XTER:TEG's Days Sales Outstanding is ranked better than
77.47% of 1669 companies
in the Real Estate industry
Industry Median: 36.72 vs XTER:TEG: 9.05

TAG Immobilien AG's Days Sales Outstanding declined from Mar. 2023 (10.09) to Mar. 2024 (9.07).

TAG Immobilien AG Days Sales Outstanding Historical Data

The historical data trend for TAG Immobilien AG'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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TAG Immobilien AG Days Sales Outstanding Chart

TAG Immobilien AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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11.57

9.41

11.16

6.25

5.06

TAG Immobilien AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															10.09	14.45	13.22	4.91	9.07

Competitive Comparison of TAG Immobilien AG's Days Sales Outstanding

For the Real Estate Services subindustry, TAG Immobilien AG'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.

TAG Immobilien AG's Days Sales Outstanding Distribution in the Real Estate Industry

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

* The bar in red indicates where TAG Immobilien AG's Days Sales Outstanding falls into.

TAG Immobilien AG 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.

TAG Immobilien AG'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
=	( (12.982	+	23.895)	/	2 )	/	1329.791	*	365
=	18.4385					/	1329.791	*	365
=	5.06

TAG Immobilien AG'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
=	( (23.895	+	29.324)	/	2 )	/	267.64	*	365 / 4
=	26.6095					/	267.64	*	365 / 4
=	9.07

TAG Immobilien AG (XTER:TEG) Days Sales Outstanding Explanation

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

TAG Immobilien AG Days Sales Outstanding Related Terms

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TAG Immobilien AG (XTER:TEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TAG Immobilien AG (XTER:TEG) » Definitions » Days Sales Outstanding

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TAGOF:USA TEGd:UK 0JK4:UK TEG:Austria

Address

Steckelhorn 5, Hamburg, DEU, 20457

Website

https://www.tag-ag.com

TAG Immobilien AG is a general real estate company that operates in Germany. The company reports multiple business segments based on location. The company's revenue sources are largely split between its top regions, while its Berlin operations slightly outweigh the others. Tag rents and manages residential properties, as well as commercial real estate properties and boarding houses. The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth strategy.

TAG Immobilien AG (XTER:TEG) Headlines

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