GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AX Real Estate PLC (MAL:AXR) » Definitions » Days Sales Outstanding

AX Real Estate (MAL:AXR) Days Sales Outstanding : 29.34 (As of Oct. 2023)


View and export this data going back to 2022. Start your Free Trial

What is AX Real Estate Days Sales Outstanding?

AX Real Estate's average Accounts Receivable for the six months ended in Oct. 2023 was €7.40 Mil. AX Real Estate's Revenue for the six months ended in Oct. 2023 was €46.02 Mil. Hence, AX Real Estate's Days Sales Outstanding for the six months ended in Oct. 2023 was 29.34.

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

MAL:AXR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.33   Med: 30.19   Max: 45.08
Current: 45.08

During the past 3 years, AX Real Estate's highest Days Sales Outstanding was 45.08. The lowest was 27.33. And the median was 30.19.

MAL:AXR's Days Sales Outstanding is ranked worse than
55.33% of 1670 companies
in the Real Estate industry
Industry Median: 36.87 vs MAL:AXR: 45.08

AX Real Estate's Days Sales Outstanding declined from Oct. 2022 (40.89) to Oct. 2023 (29.34).


AX Real Estate Days Sales Outstanding Historical Data

The historical data trend for AX Real Estate'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.

AX Real Estate Days Sales Outstanding Chart

AX Real Estate Annual Data
Trend Oct21 Oct22 Oct23
Days Sales Outstanding
27.33 30.19 35.00

AX Real Estate Semi-Annual Data
Oct21 Apr22 Oct22 Apr23 Oct23
Days Sales Outstanding - 297.33 40.89 299.07 29.34

Competitive Comparison of AX Real Estate's Days Sales Outstanding

For the Real Estate - Diversified subindustry, AX Real Estate'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.


AX Real Estate's Days Sales Outstanding Distribution in the Real Estate Industry

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

* The bar in red indicates where AX Real Estate's Days Sales Outstanding falls into.



AX Real Estate 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.

AX Real Estate'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
=( (3.679 + 5.883) / 2 ) / 49.865*365
=4.781 / 49.865*365
=35.00

AX Real Estate's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding (Q: Oct. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Apr. 2023 ) + Accounts Receivable (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )*Days in Period
=( (8.913 + 5.883) / 2 ) / 46.024*365 / 2
=7.398 / 46.024*365 / 2
=29.34

* 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.


AX Real Estate  (MAL:AXR) Days Sales Outstanding Explanation

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


AX Real Estate Days Sales Outstanding Related Terms

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


AX Real Estate (MAL:AXR) Business Description

Traded in Other Exchanges
N/A
Address
AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741
AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. The company's portfolio includes warehouses, an office block at Hardrocks Industrial Park, as well as an office block at Falcon House. On the other hand, its subsidiaries own a range of properties and developments, such as the Suncrest Hotels, the Royal Hotels, St. John's Boutique Hotel and Palazzo Merkanti Leisure, as well as Central Leisure Developments, Simblija Developments, Heritage Developments and Skyline Developments.

AX Real Estate (MAL:AXR) Headlines

From GuruFocus

AMREP Reports First Quarter Fiscal 2022 Results

By Marketwired Marketwired 09-14-2021

AMREP Reports First Quarter Fiscal 2024 Results

By GlobeNewswire 09-13-2023

AMREP Reports Second Quarter Fiscal 2022 Results

By GuruFocusNews GuruFocusNews 12-08-2021

AMREP Reports Second Quarter Fiscal 2020 Results

By GlobeNewswire GlobeNewswire 12-10-2019

AMREP Reports Second Quarter Fiscal 2023 Results

By GlobeNewswire GlobeNewswire 12-12-2022

AMREP Reports Second Quarter Fiscal 2023 Results

By Value_Insider Value_Insider 12-12-2022

AMREP Reports Second Quarter Fiscal 2020 Results

By Marketwired Marketwired 12-11-2019

Top 5 2nd Quarter Trades of Osmium Partners, LLC

By GuruFocus Research GuruFocus Editor 07-29-2022

AMREP Reports Second Quarter Fiscal 2021 Results

By Marketwired Marketwired 12-09-2020

AMREP Reports Second Quarter Fiscal 2021 Results

By GlobeNewswire GlobeNewswire 12-08-2020