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Charter Hall Long WALE REIT (Charter Hall Long WALE REIT) Receivables Turnover : 8.06 (As of Dec. 2023)


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What is Charter Hall Long WALE REIT Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Charter Hall Long WALE REIT's Revenue for the six months ended in Dec. 2023 was $73.8 Mil. Charter Hall Long WALE REIT's average Accounts Receivable for the six months ended in Dec. 2023 was $9.1 Mil. Hence, Charter Hall Long WALE REIT's Receivables Turnover for the six months ended in Dec. 2023 was 8.06.


Charter Hall Long WALE REIT Receivables Turnover Historical Data

The historical data trend for Charter Hall Long WALE REIT's Receivables Turnover 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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Charter Hall Long WALE REIT Receivables Turnover Chart

Charter Hall Long WALE REIT Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial 111.45 92.56 114.24 77.47 55.44

Charter Hall Long WALE REIT Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.34 7.69 7.50 7.31 8.06

Competitive Comparison of Charter Hall Long WALE REIT's Receivables Turnover

For the REIT - Diversified subindustry, Charter Hall Long WALE REIT's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


Charter Hall Long WALE REIT's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Charter Hall Long WALE REIT's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Charter Hall Long WALE REIT's Receivables Turnover falls into.



Charter Hall Long WALE REIT Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Charter Hall Long WALE REIT's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=148.642 / ((2.768 + 2.594) / 2 )
=148.642 / 2.681
=55.44

Charter Hall Long WALE REIT's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=73.752 / ((2.594 + 15.705) / 2 )
=73.752 / 9.1495
=8.06

* 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.


Charter Hall Long WALE REIT  (OTCPK:CHLWF) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Charter Hall Long WALE REIT Receivables Turnover Related Terms

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Charter Hall Long WALE REIT (Charter Hall Long WALE REIT) Business Description

Traded in Other Exchanges
Address
No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Long Wale REIT is a diversified property trust, with assets in Australia and New Zealand. Occupancy is near 100%, and weighted average lease length is a long 11.2 years (as at June 30, 2023). More than half the REIT's leases are triple-net, where tenants pay rates, maintenance and most outgoings. The REIT's about AUD 7 billion portfolio of 550 properties spans offices, industrial, retail, social infrastructure, and agricultural logistics assets, with about 79% of the portfolio on Australia's eastern seaboard. Leases are evenly spread between CPI-linked (7.2% average rent increase expected in 2023) and fixed uplifts (average 3.1% uplift expected). The tenant profile is strong, with almost all occupiers being government, multinational or national businesses.

Charter Hall Long WALE REIT (Charter Hall Long WALE REIT) Headlines

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