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GuruFocus has detected 8 Warning Signs with Two Harbors Investment Corp $TWO.
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Two Harbors Investment Corp (NYSE:TWO)
Days Sales Outstanding
66.57 (As of Sep. 2016)

Two Harbors Investment Corp's account receivable for the three months ended in Sep. 2016 was $123.2 Mil. Two Harbors Investment Corp's revenue for the three months ended in Sep. 2016 was $168.9 Mil. Hence, Two Harbors Investment Corp's days sales outstanding for the three months ended in Sep. 2016 was 66.57.

TWO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.73   Max: 344.31
Current: 70.94

40.73
344.31

During the past 10 years, Two Harbors Investment Corp's highest Days Sales Outstanding was 344.31. The lowest was 40.73. And the median was 63.97.

TWO's Days Sales Outstanding is ranked lower than
84% of the 384 Companies
in the Global REIT - Residential industry.

( Industry Median: 18.63 vs. TWO: 70.94 )

Two Harbors Investment Corp's days sales outstanding increased from Sep. 2015 (61.69) to Sep. 2016 (66.57).

Warning Sign:

If a company sales outstanding increases, it means it has difficulty collecting payment from its customers.


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.

Two Harbors Investment Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=67.176/601.937*365
=40.73

Two Harbors Investment Corp's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=123.184/168.862*365 / 4
=66.57

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Two Harbors Investment Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 0.000.00344.3148.970.0066.2449.5363.9740.7370.94

Two Harbors Investment Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 48.7059.0952.2150.4061.6945.88200.9045.3366.5762.74
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