Advance Residence Investment (Advance Residence Investment) Days Sales Outstanding : 1.45 (As of Jan. 2023)

View and export this data going back to . Start your Free Trial

What is Advance Residence Investment Days Sales Outstanding?

Advance Residence Investment's average Accounts Receivable for the six months ended in Jan. 2023 was $1.1 Mil. Advance Residence Investment's Revenue for the six months ended in Jan. 2023 was $137.0 Mil. Hence, Advance Residence Investment's Days Sales Outstanding for the six months ended in Jan. 2023 was 1.45.

The historical rank and industry rank for Advance Residence Investment's Days Sales Outstanding or its related term are showing as below:

ADZZF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.09 Med: 2.61 Max: 4.32
Current: 2.76

During the past 11 years, Advance Residence Investment's highest Days Sales Outstanding was 4.32. The lowest was 2.09. And the median was 2.61.

ADZZF's Days Sales Outstanding is ranked better than
92.56% of 618 companies
in the REITs industry
Industry Median: 22.35 vs ADZZF: 2.76

Advance Residence Investment's Days Sales Outstanding declined from Jan. 2022 (1.60) to Jan. 2023 (1.45).

Advance Residence Investment Days Sales Outstanding Historical Data

The historical data trend for Advance Residence Investment's Days Sales Outstanding 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.

* Premium members only.

Advance Residence Investment Days Sales Outstanding Chart

Advance Residence Investment Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Days Sales Outstanding

Get a 7-Day Free Trial

2.43

2.29

2.28

2.36

2.13

Advance Residence Investment Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															1.99	1.60	1.59	1.45	1.63

Competitive Comparison of Advance Residence Investment's Days Sales Outstanding

For the REIT - Residential subindustry, Advance Residence Investment's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Advance Residence Investment's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Advance Residence Investment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Advance Residence Investment's Days Sales Outstanding falls into.

Advance Residence Investment Days Sales Outstanding Calculation

Days Sales Outstanding measures 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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Advance Residence Investment's Days Sales Outstanding for the fiscal year that ended in Jul. 2021 is calculated as

	Days Sales Outstanding (A: Jul. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2020 )	+	Accounts Receivable (A: Jul. 2021 ))	/	count )	/	Revenue (A: Jul. 2021 )	*	Days in Period
=	( (2.092	+	1.49)	/	2 )	/	307.565	*	365
=	1.791					/	307.565	*	365
=	2.13

Advance Residence Investment's Days Sales Outstanding for the quarter that ended in Jan. 2023 is calculated as:

	Days Sales Outstanding (Q: Jan. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jan. 2023 ))	/	count )	/	Revenue (A: Jan. 2023 )	*	Days in Period
=	( (1.041	+	1.141)	/	2 )	/	136.978	*	365 / 2
=	1.091					/	136.978	*	365 / 2
=	1.45

Advance Residence Investment (OTCPK:ADZZF) Days Sales Outstanding Explanation

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

Advance Residence Investment Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Advance Residence Investment's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Advance Residence Investment (Advance Residence Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Residence Investment Corp (OTCPK:ADZZF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

3269:Japan

Address

3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054

Website

http://www.adr-reit.com

Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

Advance Residence Investment (Advance Residence Investment) Headlines

No Headlines