Tokyu Reit (TSE:8957) Receivables Turnover : 59.43 (As of Jul. 2023)

Tokyu Reit Receivables Turnover Chart

Tokyu Reit Annual Data
	Trend	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23
Receivables Turnover		Get a 7-Day Free Trial					110.29	91.13	84.75	141.43	129.87

Tokyu Reit Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															65.17	53.03	92.23	59.43	48.89

Competitive Comparison of Tokyu Reit's Receivables Turnover

For the REIT - Diversified subindustry, Tokyu Reit'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.

Tokyu Reit's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Tokyu Reit's Receivables Turnover falls into.

Tokyu Reit Receivables Turnover Calculation

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

Tokyu Reit's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Tokyu Reit's Receivables Turnover for the quarter that ended in Jul. 2023 is calculated as

* 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.

Tokyu Reit  (TSE:8957) 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.

Tokyu Reit Receivables Turnover Related Terms

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Tokyu Reit (TSE:8957) Business Description