Spear REIT (JSE:SEA) Days Sales Outstanding : 10.71 (As of Aug. 2023)

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What is Spear REIT Days Sales Outstanding?

Spear REIT's average Accounts Receivable for the six months ended in Aug. 2023 was R17.2 Mil. Spear REIT's Revenue for the six months ended in Aug. 2023 was R293.7 Mil. Hence, Spear REIT's Days Sales Outstanding for the six months ended in Aug. 2023 was 10.71.

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

JSE:SEA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.33 Med: 11.13 Max: 49.1
Current: 11.34

During the past 7 years, Spear REIT's highest Days Sales Outstanding was 49.10. The lowest was 8.33. And the median was 11.13.

JSE:SEA's Days Sales Outstanding is ranked better than
68.84% of 613 companies
in the REITs industry
Industry Median: 23.66 vs JSE:SEA: 11.34

Spear REIT's Days Sales Outstanding declined from Aug. 2022 (10.94) to Aug. 2023 (10.71).

Spear REIT Days Sales Outstanding Historical Data

The historical data trend for Spear 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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Spear REIT Days Sales Outstanding Chart

Spear REIT Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Sales Outstanding

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10.11

8.33

11.27

11.13

10.04

Spear REIT Semi-Annual Data
	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Sales Outstanding	Get a 7-Day Free Trial									13.03	11.70	10.94	11.46	10.71

Competitive Comparison of Spear REIT's Days Sales Outstanding

For the REIT - Diversified subindustry, Spear 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.

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

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

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

Spear 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.

Spear REIT'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
=	( (15.511	+	16.393)	/	2 )	/	580.153	*	365
=	15.952					/	580.153	*	365
=	10.04

Spear REIT'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
=	( (16.393	+	18.067)	/	2 )	/	293.699	*	365 / 2
=	17.23					/	293.699	*	365 / 2
=	10.71

Spear REIT (JSE:SEA) Days Sales Outstanding Explanation

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

Spear REIT Days Sales Outstanding Related Terms

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Spear REIT (JSE:SEA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001

Website

https://www.spearprop.co.za

Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

Spear REIT (JSE:SEA) Headlines

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