DDMP REIT (PHS:DDMPR) Receivables Turnover : 0.24 (As of Mar. 2024)

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What is DDMP 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. DDMP REIT's Revenue for the three months ended in Mar. 2024 was ₱434 Mil. DDMP REIT's average Accounts Receivable for the three months ended in Mar. 2024 was ₱1,820 Mil. Hence, DDMP REIT's Receivables Turnover for the three months ended in Mar. 2024 was 0.24.

DDMP REIT Receivables Turnover Historical Data

The historical data trend for DDMP 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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DDMP REIT Receivables Turnover Chart

DDMP REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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2.31

1.70

1.31

1.14

1.01

DDMP REIT Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.24	0.23	0.20	0.19	0.24

Competitive Comparison of DDMP REIT's Receivables Turnover

For the REIT - Office subindustry, DDMP 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.

DDMP REIT's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where DDMP REIT's Receivables Turnover falls into.

DDMP REIT Receivables Turnover Calculation

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

DDMP REIT's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1822.244	/ (	(1854.868	+	1762.884)	/	2 )
=	1822.244	/	1808.876
=	1.01

DDMP REIT's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	434.448	/ (	(1762.884	+	1877.398)	/	2 )
=	434.448	/	1820.141
=	0.24

DDMP REIT (PHS:DDMPR) 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.

DDMP REIT Receivables Turnover Related Terms

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DDMP REIT (PHS:DDMPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » DDMP REIT Inc (PHS:DDMPR) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

DD Meridian Park Corner Macapagal Avenue, 10th floor, Tower 1, DoubleDragon Plaza, EDSA Extension, Bay Area, Metro Manila, Pasay, PHL, 1302

Website

https://www.ddmpreit.com

DDMP REIT Inc is a real estate investment trust. It operates in a single segment of Leasing. The company's property portfolio consists of office towers with retail components in DD Meridian Park.

DDMP REIT (PHS:DDMPR) Headlines

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