Switch to:
Investors Real Estate Trust (NYSE:IRET)
Days Sales Outstanding
45.48 (As of Jul. 2014)

Investors Real Estate Trust's account receivable for the three months ended in Jul. 2014 was $34.3 Mil. Investors Real Estate Trust's revenue for the three months ended in Jul. 2014 was $68.6 Mil. Hence, Investors Real Estate Trust's days sales outstanding for the three months ended in Jul. 2014 was 45.48.

Investors Real Estate Trust's days sales outstanding declined from Jul. 2013 (48.98) to Jul. 2014 (45.48).


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. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=37.302/265.482*365
=51.28

Investors Real Estate Trust's Days Sales Outstanding for the quarter that ended in Jul. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=34.299/68.63*91
=45.48

* 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

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
DaysSalesOutstanding 20.0725.0129.0630.1628.5233.4338.3146.3045.4551.28

Investors Real Estate Trust Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysSalesOutstanding 46.6445.6340.5641.8843.7948.9845.2057.2850.6845.48
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK