GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa House REIT Investment Corp (TSE:8984) » Definitions » Days Sales Outstanding

Daiwa House REIT Investment (TSE:8984) Days Sales Outstanding : 1.73 (As of Aug. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Daiwa House REIT Investment Days Sales Outstanding?

Daiwa House REIT Investment's average Accounts Receivable for the six months ended in Aug. 2023 was 円284 Mil. Daiwa House REIT Investment's Revenue for the six months ended in Aug. 2023 was 円29,921 Mil. Hence, Daiwa House REIT Investment's Days Sales Outstanding for the six months ended in Aug. 2023 was 1.73.

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

TSE:8984' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.08   Med: 1.64   Max: 2.04
Current: 1.8

During the past 13 years, Daiwa House REIT Investment's highest Days Sales Outstanding was 2.04. The lowest was 1.08. And the median was 1.64.

TSE:8984's Days Sales Outstanding is ranked better than
95.12% of 615 companies
in the REITs industry
Industry Median: 22.66 vs TSE:8984: 1.80

Daiwa House REIT Investment's Days Sales Outstanding declined from Aug. 2022 (2.00) to Aug. 2023 (1.73).


Daiwa House REIT Investment Days Sales Outstanding Historical Data

The historical data trend for Daiwa House REIT Investment'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.

Daiwa House REIT Investment Days Sales Outstanding Chart

Daiwa House REIT Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.73 2.04 1.98 1.84

Daiwa House REIT Investment Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.99 2.00 1.84 1.73 1.76

Competitive Comparison of Daiwa House REIT Investment's Days Sales Outstanding

For the REIT - Diversified subindustry, Daiwa House REIT Investment'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.


Daiwa House REIT Investment's Days Sales Outstanding Distribution in the REITs Industry

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

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



Daiwa House REIT Investment 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.

Daiwa House REIT Investment's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

Days Sales Outstanding (A: Aug. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count ) / Revenue (A: Aug. 2023 )*Days in Period
=( (314.491 + 285.942) / 2 ) / 59410.514*365
=300.2165 / 59410.514*365
=1.84

Daiwa House REIT Investment'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
=( (281.261 + 285.942) / 2 ) / 29920.776*365 / 2
=283.6015 / 29920.776*365 / 2
=1.73

* 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.


Daiwa House REIT Investment  (TSE:8984) Days Sales Outstanding Explanation

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


Daiwa House REIT Investment Days Sales Outstanding Related Terms

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


Daiwa House REIT Investment (TSE:8984) Business Description

Traded in Other Exchanges
N/A
Address
2-4-8, Nagatacho, 7th Floor, Nissei Nagatacho Building, Chiyoda-ku, Tokyo, JPN, 100-0014
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.

Daiwa House REIT Investment (TSE:8984) Headlines

No Headlines