Investore Property (NZSE:IPL) Days Sales Outstanding : 11.69 (As of Mar. 2024)

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What is Investore Property Days Sales Outstanding?

Investore Property's average Accounts Receivable for the six months ended in Mar. 2024 was NZ$2.34 Mil. Investore Property's Revenue for the six months ended in Mar. 2024 was NZ$36.53 Mil. Hence, Investore Property's Days Sales Outstanding for the six months ended in Mar. 2024 was 11.69.

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

NZSE:IPL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.15 Med: 3.34 Max: 11.52
Current: 11.52

During the past 7 years, Investore Property's highest Days Sales Outstanding was 11.52. The lowest was 2.15. And the median was 3.34.

NZSE:IPL's Days Sales Outstanding is ranked better than
67.92% of 614 companies
in the REITs industry
Industry Median: 23.15 vs NZSE:IPL: 11.52

Investore Property's Days Sales Outstanding increased from Mar. 2023 (7.20) to Mar. 2024 (11.69).

Investore Property Days Sales Outstanding Historical Data

The historical data trend for Investore Property'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.

Investore Property Days Sales Outstanding Chart

Investore Property Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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3.49

3.19

4.38

5.03

3.88

Investore Property Semi-Annual Data
	Sep16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										6.88	7.71	7.20	12.20	11.69

Competitive Comparison of Investore Property's Days Sales Outstanding

For the REIT - Retail subindustry, Investore Property'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.

Investore Property's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Investore Property's Days Sales Outstanding falls into.

Investore Property 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.

Investore Property's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.861	+	0.686)	/	2 )	/	72.823	*	365
=	0.7735					/	72.823	*	365
=	3.88

Investore Property's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (3.992	+	0.686)	/	2 )	/	36.525	*	365 / 2
=	2.339					/	36.525	*	365 / 2
=	11.69

Investore Property (NZSE:IPL) Days Sales Outstanding Explanation

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

Investore Property Days Sales Outstanding Related Terms

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

Investore Property (NZSE:IPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Investore Property Ltd (NZSE:IPL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 Shortland Street, Level 12, Auckland, NZL, 1010

Website

https://www.investoreproperty.co.nz

Investore Property Ltd is a commercial property ownership business that has been established to invest in quality Large Format Retail property assets. Its Large Format Retail includes single-story or low-level properties comprising retail shops and outlets and car parking areas. The group is reported to have a single operating segment, being large format retail properties. The company derives revenue from Rental income.

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