Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Invitation Homes's accounts receivables for the quarter that ended in Mar. 2024 was $70 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Invitation Homes's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 9.94.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Invitation Homes's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-13.53.
Invitation Homes Accounts Receivable Historical Data
The historical data trend for Invitation Homes's Accounts Receivable 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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Invitation Homes Accounts Receivable Explanation
1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 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.
Invitation Homes's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Invitation Homes's accounts receivable are only considered to be worth 75% of book value:
Invitation Homes's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:
* 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.
Be Aware
Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.
If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.
Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.
Invitation Homes Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Invitation Homes's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Invitation Homes (Invitation Homes) Business Description
Invitation Homes owns a portfolio of nearly 83,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price around $300,000 and generally less than 1,800 square feet. The portfolio is spread across 16 target markets that feature high employment and household formation growth with over 70% of the portfolio in the Western U.S. and Florida; 15 of the 16 markets featuring average rents lower than homeownership costs.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
INVH has been successfully added to your 