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United Urban Investment (TSE:8960) Receivables Turnover : 44.67 (As of May. 2023)


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What is United Urban Investment 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. United Urban Investment's Revenue for the six months ended in May. 2023 was 円25,053 Mil. United Urban Investment's average Accounts Receivable for the six months ended in May. 2023 was 円561 Mil. Hence, United Urban Investment's Receivables Turnover for the six months ended in May. 2023 was 44.67.

United Urban Investment Receivables Turnover Historical Data

The historical data trend for United Urban Investment'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.

United Urban Investment Receivables Turnover Chart

United Urban Investment Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.85 81.48 78.37 84.06 85.13

United Urban Investment Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 47.94 46.14 44.78 43.44 44.67

Competitive Comparison of United Urban Investment's Receivables Turnover

For the REIT - Diversified subindustry, United Urban Investment'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.

United Urban Investment's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where United Urban Investment's Receivables Turnover falls into.


United Urban Investment Receivables Turnover Calculation

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

United Urban Investment's Receivables Turnover for the fiscal year that ended in Nov. 2022 is calculated as

Receivables Turnover (A: Nov. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Nov. 2022 ) / ((Accounts Receivable (A: Nov. 2021 ) + Accounts Receivable (A: Nov. 2022 )) / count )
=48617.995 / ((548.668 + 593.593) / 2 )
=48617.995 / 571.1305
=85.13

United Urban Investment's Receivables Turnover for the quarter that ended in May. 2023 is calculated as

Receivables Turnover (Q: May. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: May. 2023 ) / ((Accounts Receivable (Q: Nov. 2022 ) + Accounts Receivable (Q: May. 2023 )) / count )
=25052.518 / ((593.593 + 527.957) / 2 )
=25052.518 / 560.775
=44.67

* 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.

United Urban Investment  (TSE:8960) 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.

United Urban Investment Receivables Turnover Related Terms

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United Urban Investment (TSE:8960) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » United Urban Investment Corp (TSE:8960) » Definitions » Receivables Turnover
Comparable Companies
TSE:3309 TSE:8955 TSE:3279 TSE:8984 TSE:3226 TSE:3249 TSE:3234 TSE:8972 TSE:8957 TSE:8956 VICI ASX:MGR WPC FUNO11 ASX:SGP LSE:LAND SRC LSE:UTG ASX:GPT ASX:CLW
Traded in Other Exchanges
N/A
Address
4-3-1 Toranomon, Minato-ku, Tokyo, JPN, 105-0001
Website
http://www.united-reit.co.jp
United Urban Investment Corp is a real estate investment trust. The company invests in real estates such as retail properties, office buildings, hotels, residential properties and others. The company's primary objective is to secure steady earnings over the medium to long term through investment in varied both in types of use and geographical location. The company invests in real estates located in the Tokyo metropolitan area and other cities in Japan including government-designated cities, and surrounding areas thereof.

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