Asset Plus (NZSE:APL) Days Sales Outstanding : 11.48 (As of Sep. 2023)

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What is Asset Plus Days Sales Outstanding?

Asset Plus's average Accounts Receivable for the six months ended in Sep. 2023 was NZ$0.16 Mil. Asset Plus's Revenue for the six months ended in Sep. 2023 was NZ$2.61 Mil. Hence, Asset Plus's Days Sales Outstanding for the six months ended in Sep. 2023 was 11.48.

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

NZSE:APL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.39 Med: 7.83 Max: 89.7
Current: 89.7

During the past 13 years, Asset Plus's highest Days Sales Outstanding was 89.70. The lowest was 4.39. And the median was 7.83.

NZSE:APL's Days Sales Outstanding is ranked worse than
85.15% of 613 companies
in the REITs industry
Industry Median: 23.66 vs NZSE:APL: 89.70

Asset Plus's Days Sales Outstanding declined from Sep. 2022 (77.25) to Sep. 2023 (11.48).

Asset Plus Days Sales Outstanding Historical Data

The historical data trend for Asset Plus'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.

Asset Plus Days Sales Outstanding Chart

Asset Plus Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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6.97

4.79

8.88

15.09

16.48

Asset Plus Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															51.94	63.22	77.25	139.30	11.48

Competitive Comparison of Asset Plus's Days Sales Outstanding

For the REIT - Diversified subindustry, Asset Plus'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.

Asset Plus's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Asset Plus's Days Sales Outstanding falls into.

Asset Plus 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.

Asset Plus's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.549	+	0.027)	/	2 )	/	6.377	*	365
=	0.288					/	6.377	*	365
=	16.48

Asset Plus's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.027	+	0.301)	/	2 )	/	2.608	*	365 / 2
=	0.164					/	2.608	*	365 / 2
=	11.48

Asset Plus (NZSE:APL) Days Sales Outstanding Explanation

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

Asset Plus Days Sales Outstanding Related Terms

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Asset Plus (NZSE:APL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Asset Plus Ltd (NZSE:APL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Gaunt Street, Level 2, Bayleys House, Wynyard Quarter, Auckland, NTL, NZL, 1010

Website

https://www.assetplusnz.co.nz

Asset Plus Ltd is a commercial property investment company. Its investment portfolio includes investments in retail, industrial, and commercial buildings throughout New Zealand. Its objective of property investment is to deliver consistent dividends and growth in capital value for its shareholders.

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