Afine Investments (JSE:ANI) Days Sales Outstanding : 0.77 (As of Aug. 2023)

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What is Afine Investments Days Sales Outstanding?

Afine Investments's average Accounts Receivable for the six months ended in Aug. 2023 was R0.10 Mil. Afine Investments's Revenue for the six months ended in Aug. 2023 was R23.89 Mil. Hence, Afine Investments's Days Sales Outstanding for the six months ended in Aug. 2023 was 0.77.

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

JSE:ANI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.56 Med: 0.63 Max: 0.69
Current: 0.69

During the past 3 years, Afine Investments's highest Days Sales Outstanding was 0.69. The lowest was 0.56. And the median was 0.63.

JSE:ANI's Days Sales Outstanding is ranked better than
98.21% of 614 companies
in the REITs industry
Industry Median: 24.33 vs JSE:ANI: 0.69

Afine Investments's Days Sales Outstanding increased from Aug. 2022 (0.45) to Aug. 2023 (0.77).

Afine Investments Days Sales Outstanding Historical Data

The historical data trend for Afine Investments'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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Afine Investments Days Sales Outstanding Chart

Afine Investments Annual Data

Trend

Feb21

Feb22

Feb23

Days Sales Outstanding

0.69

0.56

Afine Investments Semi-Annual Data
	Aug21	Feb22	Aug22	Feb23	Aug23
Days Sales Outstanding	1.33	2.48	0.45	0.51	0.77

Competitive Comparison of Afine Investments's Days Sales Outstanding

For the REIT - Specialty subindustry, Afine Investments'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.

Afine Investments's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Afine Investments's Days Sales Outstanding falls into.

Afine Investments 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.

Afine Investments's Days Sales Outstanding for the fiscal year that ended in Feb. 2023 is calculated as

	Days Sales Outstanding (A: Feb. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )	/	Revenue (A: Feb. 2023 )	*	Days in Period
=	( (0	+	0.066)	/	1 )	/	43.292	*	365
=	0.066					/	43.292	*	365
=	0.56

Afine Investments's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (0.066	+	0.136)	/	2 )	/	23.888	*	365 / 2
=	0.101					/	23.888	*	365 / 2
=	0.77

Afine Investments (JSE:ANI) Days Sales Outstanding Explanation

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

Afine Investments Days Sales Outstanding Related Terms

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Afine Investments (JSE:ANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Afine Investments Ltd (JSE:ANI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140

Website

https://www.afineinvestments.com

Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segment majority of revenue is generated from Gauteng and North-West.

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