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Hulic Reit (TSE:3295) Receivables Turnover : 741.79 (As of Aug. 2023)


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What is Hulic 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. Hulic Reit's Revenue for the six months ended in Aug. 2023 was 円11,222 Mil. Hulic Reit's average Accounts Receivable for the six months ended in Aug. 2023 was 円15 Mil. Hence, Hulic Reit's Receivables Turnover for the six months ended in Aug. 2023 was 741.79.


Hulic Reit Receivables Turnover Historical Data

The historical data trend for Hulic 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.

* Premium members only.

Hulic Reit Receivables Turnover Chart

Hulic Reit Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 255.25 143.40 211.75 885.40 1,381.23

Hulic Reit Semi-Annual Data
Apr14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 350.99 498.81 651.29 741.79 776.19

Competitive Comparison of Hulic Reit's Receivables Turnover

For the REIT - Office subindustry, Hulic 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.


Hulic Reit's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Hulic Reit's Receivables Turnover falls into.



Hulic Reit Receivables Turnover Calculation

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

Hulic Reit's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Receivables Turnover (A: Aug. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2023 ) / ((Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count )
=21901.415 / ((17.124 + 14.589) / 2 )
=21901.415 / 15.8565
=1,381.23

Hulic Reit's Receivables Turnover for the quarter that ended in Aug. 2023 is calculated as

Receivables Turnover (Q: Aug. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Aug. 2023 ) / ((Accounts Receivable (Q: Feb. 2023 ) + Accounts Receivable (Q: Aug. 2023 )) / count )
=11222.483 / ((15.669 + 14.589) / 2 )
=11222.483 / 15.129
=741.79

* 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.


Hulic Reit  (TSE:3295) 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.


Hulic Reit Receivables Turnover Related Terms

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Hulic Reit (TSE:3295) Business Description

Traded in Other Exchanges
N/A
Address
2-6-9 Hatchobori, Chuo-ku, Tokyo, JPN, 104-0032
Hulic Reit, Inc. is engaged in the real estate lease business. The company focuses its investments on the Tokyo commercial property market. The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company invests mainly in commercial properties and next-generation assets such as private nursing homes, network centers, and hotels.

Hulic Reit (TSE:3295) Headlines

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