InterRent Real Estate Investment Trust (TSX:IIP.UN) Days Sales Outstanding

: 11.86 (As of Dec. 2023)

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InterRent Real Estate Investment Trust's average Accounts Receivable for the three months ended in Dec. 2023 was C$8.0 Mil. InterRent Real Estate Investment Trust's Revenue for the three months ended in Dec. 2023 was C$61.5 Mil. Hence, InterRent Real Estate Investment Trust's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.86.

The historical rank and industry rank for InterRent Real Estate Investment Trust's Days Sales Outstanding or its related term are showing as below:

TSX:IIP.UN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.7 Med: 6.02 Max: 12.59
Current: 12.59

During the past 13 years, InterRent Real Estate Investment Trust's highest Days Sales Outstanding was 12.59. The lowest was 3.70. And the median was 6.02.

TSX:IIP.UN's Days Sales Outstanding is ranked better than
64.9% of 621 companies
in the REITs industry
Industry Median: 22.29 vs TSX:IIP.UN: 12.59

InterRent Real Estate Investment Trust's Days Sales Outstanding increased from Dec. 2022 (11.39) to Dec. 2023 (11.86).

InterRent Real Estate Investment Trust Days Sales Outstanding Historical Data

The historical data trend for InterRent Real Estate Investment Trust'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.

InterRent Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

4.36

3.70

5.41

10.32

11.59

InterRent Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																11.39	13.84	12.79	12.94	11.86

Competitive Comparison

For the REIT - Residential subindustry, InterRent Real Estate Investment Trust'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.

InterRent Real Estate Investment Trust Days Sales Outstanding Distribution

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

* The bar in red indicates where InterRent Real Estate Investment Trust's Days Sales Outstanding falls into.

InterRent Real Estate Investment Trust 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.

InterRent Real Estate Investment Trust's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (8.464	+	6.593)	/	2 )	/	237.135	*	365
=	7.5285					/	237.135	*	365
=	11.59

InterRent Real Estate Investment Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (9.402	+	6.593)	/	2 )	/	61.526	*	365 / 4
=	7.9975					/	61.526	*	365 / 4
=	11.86

InterRent Real Estate Investment Trust (TSX:IIP.UN) Days Sales Outstanding Explanation

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

InterRent Real Estate Investment Trust Days Sales Outstanding Related Terms

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InterRent Real Estate Investment Trust (TSX:IIP.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » InterRent Real Estate Investment Trust (TSX:IIP.UN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

IIPZF:USA

Address

485 Bank Street, Suite 207, Ottawa, ON, CAN, K2P 1Z2

Website

https://www.interrentreit.com

InterRent Real Estate Investment Trust is an open-ended real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. The company operations are carried out throughout the region of Canada. It derives revenue from investment properties which includes rents from tenants under leases, parking, laundry and other ancillary services.

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