Dream Residential REIT (Dream Residential REIT) Days Sales Outstanding : 6.16 (As of Jun. 2023)

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What is Dream Residential REIT Days Sales Outstanding?

Dream Residential REIT's average Accounts Receivable for the three months ended in Jun. 2023 was $0.81 Mil. Dream Residential REIT's Revenue for the three months ended in Jun. 2023 was $11.96 Mil. Hence, Dream Residential REIT's Days Sales Outstanding for the three months ended in Jun. 2023 was 6.16.

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

DRREF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.66 Med: 6.66 Max: 8.84
Current: 8.84

During the past 2 years, Dream Residential REIT's highest Days Sales Outstanding was 8.84. The lowest was 6.66. And the median was 6.66.

DRREF's Days Sales Outstanding is ranked better than
75.12% of 615 companies
in the REITs industry
Industry Median: 22.66 vs DRREF: 8.84

Dream Residential REIT's Days Sales Outstanding declined from Jun. 2022 (9.74) to Jun. 2023 (6.16).

Dream Residential REIT Days Sales Outstanding Historical Data

The historical data trend for Dream Residential 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.

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Dream Residential REIT Days Sales Outstanding Chart

Dream Residential REIT Annual Data

Trend

Dec22

Dec23

Days Sales Outstanding

6.66

Dream Residential REIT Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			6.28	-	7.05	6.16	-

Competitive Comparison of Dream Residential REIT's Days Sales Outstanding

For the REIT - Residential subindustry, Dream Residential 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.

Dream Residential REIT's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Dream Residential REIT's Days Sales Outstanding falls into.

Dream Residential 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.

Dream Residential REIT's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.92	+	0.816)	/	2 )	/	47.561	*	365
=	0.868					/	47.561	*	365
=	6.66

Dream Residential REIT's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.878	+	0.736)	/	2 )	/	11.955	*	365 / 4
=	0.807					/	11.955	*	365 / 4
=	6.16

Dream Residential REIT (OTCPK:DRREF) Days Sales Outstanding Explanation

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

Dream Residential REIT Days Sales Outstanding Related Terms

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Dream Residential REIT (Dream Residential REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DRR.U:Canada

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.