Daiwa House REIT Investment (TSE:8984) Receivables Turnover : 105.50 (As of Aug. 2023)

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What is Daiwa House REIT Investment 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. Daiwa House REIT Investment's Revenue for the six months ended in Aug. 2023 was 円29,921 Mil. Daiwa House REIT Investment's average Accounts Receivable for the six months ended in Aug. 2023 was 円284 Mil. Hence, Daiwa House REIT Investment's Receivables Turnover for the six months ended in Aug. 2023 was 105.50.

Daiwa House REIT Investment Receivables Turnover Historical Data

The historical data trend for Daiwa House REIT Investment'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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Daiwa House REIT Investment Receivables Turnover Chart

Daiwa House REIT Investment Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Receivables Turnover

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272.52

211.26

178.89

184.63

197.89

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
Receivables Turnover	Get a 7-Day Free Trial															91.49	91.12	99.00	105.50	103.67

Competitive Comparison of Daiwa House REIT Investment's Receivables Turnover

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

Daiwa House REIT Investment's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Daiwa House REIT Investment's Receivables Turnover falls into.

Daiwa House REIT Investment Receivables Turnover Calculation

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

Daiwa House REIT Investment'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 )
=	59410.514	/ (	(314.491	+	285.942)	/	2 )
=	59410.514	/	300.2165
=	197.89

Daiwa House REIT Investment'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 )
=	29920.776	/ (	(281.261	+	285.942)	/	2 )
=	29920.776	/	283.6015
=	105.50

Daiwa House REIT Investment (TSE:8984) 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.

Daiwa House REIT Investment Receivables Turnover Related Terms

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Daiwa House REIT Investment (TSE:8984) Business Description

Industry

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

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Traded in Other Exchanges

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Address

2-4-8, Nagatacho, 7th Floor, Nissei Nagatacho Building, Chiyoda-ku, Tokyo, JPN, 100-0014

Website

https://www.daiwahouse-reit.co.jp

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.

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