Highwoods Properties (FRA:HQS) Days Sales Outstanding : 81.02 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Highwoods Properties Days Sales Outstanding?

Highwoods Properties's average Accounts Receivable for the three months ended in Mar. 2024 was €172.6 Mil. Highwoods Properties's Revenue for the three months ended in Mar. 2024 was €194.4 Mil. Hence, Highwoods Properties's Days Sales Outstanding for the three months ended in Mar. 2024 was 81.02.

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

FRA:HQS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.72 Med: 110.26 Max: 135.46
Current: 119.26

During the past 13 years, Highwoods Properties's highest Days Sales Outstanding was 135.46. The lowest was 11.72. And the median was 110.26.

FRA:HQS's Days Sales Outstanding is ranked worse than
88.65% of 617 companies
in the REITs industry
Industry Median: 22.43 vs FRA:HQS: 119.26

Highwoods Properties's Days Sales Outstanding increased from Mar. 2023 (75.57) to Mar. 2024 (81.02).

Highwoods Properties Days Sales Outstanding Historical Data

The historical data trend for Highwoods Properties'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.

Highwoods Properties Days Sales Outstanding Chart

Highwoods Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

124.08

141.57

130.40

63.88

11.89

Highwoods Properties Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															75.57	144.14	143.94	81.44	81.02

Competitive Comparison of Highwoods Properties's Days Sales Outstanding

For the REIT - Office subindustry, Highwoods Properties'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.

Highwoods Properties's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Highwoods Properties's Days Sales Outstanding falls into.

Highwoods Properties 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.

Highwoods Properties'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
=	( (24.054	+	25.762)	/	2 )	/	764.775	*	365
=	24.908					/	764.775	*	365
=	11.89

Highwoods Properties's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (25.762	+	319.4)	/	2 )	/	194.373	*	365 / 4
=	172.581					/	194.373	*	365 / 4
=	81.02

Highwoods Properties (FRA:HQS) Days Sales Outstanding Explanation

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

Highwoods Properties Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Highwoods Properties's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Highwoods Properties (FRA:HQS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Highwoods Properties Inc (FRA:HQS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HIW:USA

Address

150 Fayetteville Street, Suite 1400, Raleigh, NC, USA, 27601

Website

https://www.highwoods.com

Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.

Highwoods Properties (FRA:HQS) Headlines

No Headlines