Orix Jreit (TSE:8954) Receivables Turnover : 19.56 (As of Aug. 2023)

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What is Orix Jreit 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. Orix Jreit's Revenue for the six months ended in Aug. 2023 was 円25,697 Mil. Orix Jreit's average Accounts Receivable for the six months ended in Aug. 2023 was 円1,314 Mil. Hence, Orix Jreit's Receivables Turnover for the six months ended in Aug. 2023 was 19.56.

Orix Jreit Receivables Turnover Historical Data

The historical data trend for Orix Jreit'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.

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Orix Jreit Receivables Turnover Chart

Orix Jreit Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Receivables Turnover

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49.37

46.26

39.66

41.62

38.39

Orix Jreit Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															20.80	20.90	20.02	19.56	21.02

Competitive Comparison of Orix Jreit's Receivables Turnover

For the REIT - Office subindustry, Orix Jreit'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.

Orix Jreit's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Orix Jreit's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Orix Jreit's Receivables Turnover falls into.

Orix Jreit Receivables Turnover Calculation

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

Orix Jreit's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Receivables Turnover (A: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2023 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )
=	51367	/ (	(1306	+	1370)	/	2 )
=	51367	/	1338
=	38.39

Orix Jreit's Receivables Turnover for the quarter that ended in Aug. 2023 is calculated as

	Receivables Turnover (Q: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Aug. 2023 )	/ (	(Accounts Receivable (Q: Feb. 2023 )	+	Accounts Receivable (Q: Aug. 2023 ))	/	count )
=	25697	/ (	(1258	+	1370)	/	2 )
=	25697	/	1314
=	19.56

Orix Jreit (TSE:8954) 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.

Orix Jreit Receivables Turnover Related Terms

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Orix Jreit (TSE:8954) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orix Jreit Inc (TSE:8954) » Definitions » Receivables Turnover

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Address

4-1, Hamamatsucho 2-chome, Minato-ku, Tokyo, JPN, 105-6135

Website

http://www.orixjreit.com

Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the largest geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants. Finance and real estate, transportation, and retail companies are Orix JREIT's major customers.

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