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First Real Estate Investment Trust of New Jersey (First Real Estate Investment Trust of New Jersey) Days Sales Outstanding : 13.48 (As of Jan. 2024)


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What is First Real Estate Investment Trust of New Jersey Days Sales Outstanding?

First Real Estate Investment Trust of New Jersey's average Accounts Receivable for the three months ended in Jan. 2024 was $1.03 Mil. First Real Estate Investment Trust of New Jersey's Revenue for the three months ended in Jan. 2024 was $7.00 Mil. Hence, First Real Estate Investment Trust of New Jersey's Days Sales Outstanding for the three months ended in Jan. 2024 was 13.48.

The historical rank and industry rank for First Real Estate Investment Trust of New Jersey's Days Sales Outstanding or its related term are showing as below:

FREVS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.73   Med: 38.33   Max: 53.35
Current: 15.73

During the past 13 years, First Real Estate Investment Trust of New Jersey's highest Days Sales Outstanding was 53.35. The lowest was 15.73. And the median was 38.33.

FREVS's Days Sales Outstanding is ranked better than
58.54% of 615 companies
in the REITs industry
Industry Median: 22.43 vs FREVS: 15.73

First Real Estate Investment Trust of New Jersey's Days Sales Outstanding declined from Jan. 2023 (19.45) to Jan. 2024 (13.48).


First Real Estate Investment Trust of New Jersey Days Sales Outstanding Historical Data

The historical data trend for First Real Estate Investment Trust of New Jersey'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.

First Real Estate Investment Trust of New Jersey Days Sales Outstanding Chart

First Real Estate Investment Trust of New Jersey Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.86 41.20 40.49 40.62 18.29

First Real Estate Investment Trust of New Jersey Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Sales Outstanding 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 19.45 18.04 16.64 16.32 13.48

Competitive Comparison of First Real Estate Investment Trust of New Jersey's Days Sales Outstanding

For the REIT - Residential subindustry, First Real Estate Investment Trust of New Jersey'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.


First Real Estate Investment Trust of New Jersey's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, First Real Estate Investment Trust of New Jersey's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where First Real Estate Investment Trust of New Jersey's Days Sales Outstanding falls into.



First Real Estate Investment Trust of New Jersey 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.

First Real Estate Investment Trust of New Jersey's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

Days Sales Outstanding (A: Oct. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )*Days in Period
=( (1.592 + 1.249) / 2 ) / 28.344*365
=1.4205 / 28.344*365
=18.29

First Real Estate Investment Trust of New Jersey's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding (Q: Jan. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count ) / Revenue (A: Jan. 2024 )*Days in Period
=( (1.249 + 0.819) / 2 ) / 6.999*365 / 4
=1.034 / 6.999*365 / 4
=13.48

* 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.


First Real Estate Investment Trust of New Jersey  (OTCPK:FREVS) Days Sales Outstanding Explanation

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


First Real Estate Investment Trust of New Jersey Days Sales Outstanding Related Terms

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First Real Estate Investment Trust of New Jersey (First Real Estate Investment Trust of New Jersey) Business Description

Traded in Other Exchanges
N/A
Address
505 Main Street, Suite 400, Hackensack, NJ, USA, 07601
First Real Estate Investment Trust of New Jersey Inc operates in the real estate sector of the United States. It implies the investment in real estate properties and passing on a regular income and benefit of capital appreciation to its shareholders. The company operates in two reportable segments; commercial properties and residential properties. Its revenues consist of fixed rental income from its residential and commercial properties and additional rent in the form of expense reimbursements acquired from its income-producing commercial properties. The majority of revenue is derived from the Residential properties segment.
Executives
Richard Aslanian director 4 WEST RED OAK LANE, SUITE 303, WHITE PLAINS NY 10604
Justin Meng director 10 ROCK HILL LANE, SCARSDALE NY 10583
Ronald J Artinian other: Trustee FIVE BRISTOL DRIVE, MANHASSET NY 10030
Allan Tubin officer: CFO and Treasurer 505 MAIN STREET, HACKENSACK NJ 07601
David Hekemian other: Trustee 505 MAIN STREET, SUITE 400, HACKENSACK NJ 07601
Donald W Barney officer: Trustee & President
Herbert C Klein other: Trustee 155 POLIFLY RD, HACKENSCK NJ 07601
John A Aiello officer: Trustee & Executive Secretary GIORDANO HALLERAN & CLESIA, PC 125 HALF MILE RD PO BOX 190, MIDDLETOWN NJ 07748
David F Mcbride director C/O KEYSTONE PROPERTY TRUST, 200 FOUR FALLS CORPORATE CENTER, WEST CONSHOHOCKEN PA 19428
Hekemian Robert S Jr director 370 PASCACK ROAD, TOWNSHIP OF WASHINGTON NJ 07676
Alan L Aufzien other: Trustee
Robert S Hekemian officer: CEO 505 MAIN ST, SUITE 400, HACKENSACK NJ 07601