Heriot REIT (JSE:HET) Days Sales Outstanding : 13.48 (As of Dec. 2023)

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What is Heriot REIT Days Sales Outstanding?

Heriot REIT's average Accounts Receivable for the six months ended in Dec. 2023 was R44.1 Mil. Heriot REIT's Revenue for the six months ended in Dec. 2023 was R596.6 Mil. Hence, Heriot REIT's Days Sales Outstanding for the six months ended in Dec. 2023 was 13.48.

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

JSE:HET' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.19 Med: 4.71 Max: 21.41
Current: 21.41

During the past 6 years, Heriot REIT's highest Days Sales Outstanding was 21.41. The lowest was 1.19. And the median was 4.71.

JSE:HET's Days Sales Outstanding is not ranked
in the REITs industry.
Industry Median: 23.66 vs JSE:HET: 21.41

Heriot REIT's Days Sales Outstanding declined from Dec. 2022 (16.16) to Dec. 2023 (13.48).

Heriot REIT Days Sales Outstanding Historical Data

The historical data trend for Heriot 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.

Heriot REIT Days Sales Outstanding Chart

Heriot REIT Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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1.19

4.71

6.32

4.34

9.75

Heriot REIT Semi-Annual Data
	Nov17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							15.99	27.28	16.16	34.89	13.48

Competitive Comparison of Heriot REIT's Days Sales Outstanding

For the REIT - Diversified subindustry, Heriot 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.

Heriot REIT's Days Sales Outstanding Distribution in the REITs Industry

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

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

Heriot 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.

Heriot REIT's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (5.718	+	20.181)	/	2 )	/	484.867	*	365
=	12.9495					/	484.867	*	365
=	9.75

Heriot REIT's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (20.181	+	67.959)	/	2 )	/	596.619	*	365 / 2
=	44.07					/	596.619	*	365 / 2
=	13.48

Heriot REIT (JSE:HET) Days Sales Outstanding Explanation

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

Heriot REIT Days Sales Outstanding Related Terms

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

Heriot REIT (JSE:HET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Heriot REIT Ltd (JSE:HET) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196

Website

http://www.heriotreit.com

Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

Heriot REIT (JSE:HET) Headlines

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