Tokyu Reit (Tokyu Reit) Days Sales Outstanding : 3.17 (As of Jul. 2023)

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What is Tokyu Reit Days Sales Outstanding?

Tokyu Reit's average Accounts Receivable for the six months ended in Jul. 2023 was $1.1 Mil. Tokyu Reit's Revenue for the six months ended in Jul. 2023 was $63.3 Mil. Hence, Tokyu Reit's Days Sales Outstanding for the six months ended in Jul. 2023 was 3.17.

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

TKURF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.58 Med: 3.59 Max: 4.31
Current: 2.92

During the past 13 years, Tokyu Reit's highest Days Sales Outstanding was 4.31. The lowest was 2.58. And the median was 3.59.

TKURF's Days Sales Outstanding is ranked better than
91.95% of 621 companies
in the REITs industry
Industry Median: 22.29 vs TKURF: 2.92

Tokyu Reit's Days Sales Outstanding declined from Jul. 2022 (3.84) to Jul. 2023 (3.17).

Tokyu Reit Days Sales Outstanding Historical Data

The historical data trend for Tokyu Reit'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.

* Premium members only.

Tokyu Reit Days Sales Outstanding Chart

Tokyu Reit Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Sales Outstanding

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3.26

3.98

4.39

2.92

2.85

Tokyu Reit Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															2.85	3.84	1.93	3.17	3.88

Competitive Comparison of Tokyu Reit's Days Sales Outstanding

For the REIT - Diversified subindustry, Tokyu Reit'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.

Tokyu Reit's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Tokyu Reit's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tokyu Reit's Days Sales Outstanding falls into.

Tokyu Reit 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.

Tokyu Reit's Days Sales Outstanding for the fiscal year that ended in Jul. 2023 is calculated as

	Days Sales Outstanding (A: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (0.94	+	1.301)	/	2 )	/	143.657	*	365
=	1.1205					/	143.657	*	365
=	2.85

Tokyu Reit's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

	Days Sales Outstanding (Q: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (0.897	+	1.301)	/	2 )	/	63.323	*	365 / 2
=	1.099					/	63.323	*	365 / 2
=	3.17

Tokyu Reit (OTCPK:TKURF) Days Sales Outstanding Explanation

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

Tokyu Reit Days Sales Outstanding Related Terms

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Tokyu Reit (Tokyu Reit) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokyu Reit Inc (OTCPK:TKURF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

8957:Japan

Address

1-12-1, Dogenzaka, Tokyo, JPN

Website

http://www.tokyu-reit.co.jp

Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards. It also conducts replacement of properties and other measures as needed in order to maintain and improve the portfolio quality, aiming to enhance its asset value and increase net income per unit.

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