Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Receivables Turnover : 18.39 (As of Mar. 2024)

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

What is Dream Office Real Estate Investment Trust Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Dream Office Real Estate Investment Trust's Revenue for the three months ended in Mar. 2024 was $35.8 Mil. Dream Office Real Estate Investment Trust's average Accounts Receivable for the three months ended in Mar. 2024 was $1.9 Mil. Hence, Dream Office Real Estate Investment Trust's Receivables Turnover for the three months ended in Mar. 2024 was 18.39.

Dream Office Real Estate Investment Trust Receivables Turnover Historical Data

The historical data trend for Dream Office Real Estate Investment Trust's Receivables Turnover 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.

Dream Office Real Estate Investment Trust Receivables Turnover Chart

Dream Office Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

39.45

57.03

57.44

77.61

285.05

Dream Office Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															6.48	3.83	4.15	8.41	18.39

Competitive Comparison of Dream Office Real Estate Investment Trust's Receivables Turnover

For the REIT - Office subindustry, Dream Office Real Estate Investment Trust's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

Dream Office Real Estate Investment Trust's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dream Office Real Estate Investment Trust's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dream Office Real Estate Investment Trust's Receivables Turnover falls into.

Dream Office Real Estate Investment Trust Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Dream Office Real Estate Investment Trust's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	141.956	/ (	(0.939	+	0.057)	/	2 )
=	141.956	/	0.498
=	285.05

Dream Office Real Estate Investment Trust's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	35.827	/ (	(0.057	+	3.839)	/	2 )
=	35.827	/	1.948
=	18.39

Dream Office Real Estate Investment Trust (OTCPK:DRETF) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Dream Office Real Estate Investment Trust Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Dream Office Real Estate Investment Trust's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Office Real Estate Investment Trust (OTCPK:DRETF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

D.UN:Canada

Address

30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation. Most of Dream Office's customers are in the finance, insurance, science, and government industries.