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Investors Real Estate Trust (NYSE:IRET)
Days Sales Outstanding
4.74 (As of Apr. 2016)

Investors Real Estate Trust's account receivable for the three months ended in Apr. 2016 was $1.5 Mil. Investors Real Estate Trust's revenue for the three months ended in Apr. 2016 was $29.3 Mil. Hence, Investors Real Estate Trust's days sales outstanding for the three months ended in Apr. 2016 was 4.74.

IRET' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.95   Max: 84.49
Current: 2.95

2.95
84.49

During the past 13 years, Investors Real Estate Trust's highest Days Sales Outstanding was 84.49. The lowest was 2.95. And the median was 7.31.

IRET's Days Sales Outstanding is ranked higher than
88% of the 479 Companies
in the Global REIT - Residential industry.

( Industry Median: 19.46 vs. IRET: 2.95 )

Investors Real Estate Trust's days sales outstanding declined from Apr. 2015 (8.39) to Apr. 2016 (4.74).


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Investors Real Estate Trust's Days Sales Outstanding for the fiscal year that ended in Apr. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1.524/188.32*365
=2.95

Investors Real Estate Trust's Days Sales Outstanding for the quarter that ended in Apr. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1.524/29.322*365 / 4
=4.74

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Investors Real Estate Trust Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
DaysSalesOutstanding 5.866.874.167.758.8011.2646.6784.494.862.95

Investors Real Estate Trust Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysSalesOutstanding 57.800.0013.006.639.618.3934.4936.3637.084.74
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