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Front Yard Residential (Front Yard Residential) Days Sales Outstanding : 8.59 (As of Sep. 2020)


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What is Front Yard Residential Days Sales Outstanding?

Front Yard Residential's average Accounts Receivable for the three months ended in Sep. 2020 was $5.4 Mil. Front Yard Residential's Revenue for the three months ended in Sep. 2020 was $56.9 Mil. Hence, Front Yard Residential's Days Sales Outstanding for the three months ended in Sep. 2020 was 8.59.

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

RESI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.03   Med: 30.3   Max: 257.5
Current: 12.73

During the past 8 years, Front Yard Residential's highest Days Sales Outstanding was 257.50. The lowest was 5.03. And the median was 30.30.

RESI's Days Sales Outstanding is not ranked
in the REITs industry.
Industry Median: 22.35 vs RESI: 12.73

Front Yard Residential's Days Sales Outstanding declined from Sep. 2019 (24.08) to Sep. 2020 (8.59).

Front Yard Residential Days Sales Outstanding Historical Data

The historical data trend for Front Yard Residential'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.

Front Yard Residential Days Sales Outstanding Chart

Front Yard Residential Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Sales Outstanding
Get a 7-Day Free Trial 41.45 262.21 106.15 31.06 18.36

Front Yard Residential Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.08 17.48 13.66 10.12 8.59

Competitive Comparison of Front Yard Residential's Days Sales Outstanding

For the REIT - Residential subindustry, Front Yard Residential'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.

Front Yard Residential's Days Sales Outstanding Distribution in the REITs Industry

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

* The bar in red indicates where Front Yard Residential's Days Sales Outstanding falls into.


Front Yard Residential 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.

Front Yard Residential's Days Sales Outstanding for the fiscal year that ended in Dec. 2019 is calculated as

Days Sales Outstanding (A: Dec. 2019 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count ) / Revenue (A: Dec. 2019 )*Days in Period
=( (11.591 + 9.235) / 2 ) / 207.01*365
=10.413 / 207.01*365
=18.36

Front Yard Residential's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

Days Sales Outstanding (Q: Sep. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2020 ) + Accounts Receivable (A: Sep. 2020 )) / count ) / Revenue (A: Sep. 2020 )*Days in Period
=( (5.199 + 5.525) / 2 ) / 56.944*365 / 4
=5.362 / 56.944*365 / 4
=8.59

* 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.

Front Yard Residential  (NYSE:RESI) Days Sales Outstanding Explanation

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

Front Yard Residential Days Sales Outstanding Related Terms

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Front Yard Residential (Front Yard Residential) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Front Yard Residential Corp (NYSE:RESI) » Definitions » Days Sales Outstanding
Comparable Companies
APTS SNR UMH BRT BRG NXRT IRET IRT AVB EQR ESS INVH SUI MAA ELS UDR CPT AMH TSX:CAR.UN AIV
Traded in Other Exchanges
N/A
Address
c/o Altisource Asset Management Corporation, 5100 Tamarind Reef, Christiansted, VIR, 00820
Website
https://www.frontyardresidential.com
Front Yard Residential Corp is a real estate investment trust, which focuses on acquiring, owning and managing single-family rental properties throughout the United States. It acquires its single-family rental properties through the acquisition of sub-performing and non-performing loan portfolios. The company is managed by Altisource Asset Management Corporation, which has a management team with extensive industry experience in real estate, non-performing loan portfolios, and mortgage loan servicing. Geographically the firm has its property portfolio across the region of Alabama, Georgia, Hawaii, Louisiana, New Jersey, Pennsylvania, Texas, New York, Kentucky and in many other regions.
Executives
Agatecreek Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Scott Edward Burg 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Deer Park Road Management Company, Lp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Deer Park Road Management Gp, Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Deer Park Road Corp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Michael David Craig-scheckman 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
George G Ellison director, officer: Chief Executive Officer 402 STRAND STREET, FREDERIKSTED VI 00840-3531
Leland Abrams director C/O FRONT YARD RESIDENTIAL CORPORATION 5100 TAMARIND REEF CHRISTIANSTED VI 00820
Lazar Nikolic director C/O FRONT YARD RESIDENTIAL CORPORATION 5100 TAMARIND REEF CHRISTIANSTED VI 00820
George Whitfield Mcdowell director C/O FRONT YARD RESIDENTIAL CORPORATION 5100 TAMARIND REEF CHRISTIANSTED VI 00820
Wade J. Henderson director C/O ALTISOURCE RESIDENTIAL CORPORATION 36C STRAND STREET CHRISTIANSTED VI 00820
Rochelle R. Dobbs director C/O ALTISOURCE RESIDENTIAL CORPORATION 36C STRAND STREET CHRISTIANSTED VI 00820
Michael Graham Lubin officer: General Counsel and Secretary C/O ALTISOURCE ASSET MANAGEMENT 36C STRAND STREET CHRISTIANSTED VI 00820
Michael A. Eruzione director 402 STRAND STREET, C/O AAMC FREDERIKSTED, ST. CROIX VI 00840
Rene Dittrich officer: Chief Accounting Officer C/O ALTISOURCE ASSET MANAGEMENT, 36C STRAND STREET, CHRISTIANSTED VI 00820