Invesque (TSX:IVQ.U) Days Sales Outstanding

: 17.11 (As of Dec. 2023)

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Invesque's average Accounts Receivable for the three months ended in Dec. 2023 was $8.7 Mil. Invesque's Revenue for the three months ended in Dec. 2023 was $46.3 Mil. Hence, Invesque's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.11.

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

TSX:IVQ.U' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.78 Med: 19.94 Max: 64.42
Current: 15.51

During the past 13 years, Invesque's highest Days Sales Outstanding was 64.42. The lowest was 0.78. And the median was 19.94.

TSX:IVQ.U's Days Sales Outstanding is ranked better than
67.95% of 1666 companies
in the Real Estate industry
Industry Median: 36.545 vs TSX:IVQ.U: 15.51

Invesque's Days Sales Outstanding increased from Dec. 2022 (14.32) to Dec. 2023 (17.11).

Invesque Days Sales Outstanding Historical Data

The historical data trend for Invesque'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.

Invesque Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

15.14

18.36

23.15

18.87

21.33

Invesque 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																14.32	17.09	11.89	10.16	17.11

Competitive Comparison

For the Real Estate Services subindustry, Invesque'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.

Invesque Days Sales Outstanding Distribution

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

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

Invesque 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.

Invesque'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
=	( (10.527	+	12.012)	/	2 )	/	192.829	*	365
=	11.2695					/	192.829	*	365
=	21.33

Invesque'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
=	( (5.344	+	12.012)	/	2 )	/	46.29	*	365 / 4
=	8.678					/	46.29	*	365 / 4
=	17.11

Invesque (TSX:IVQ.U) Days Sales Outstanding Explanation

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

Invesque Days Sales Outstanding Related Terms

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Invesque (TSX:IVQ.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Invesque Inc (TSX:IVQ.U) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MHIVF:USA IVQ:Canada

Address

333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7

Website

https://www.invesque.com

Invesque Inc is a Canada-based company engaged in owning income-producing seniors housing and care properties. The company focuses on acquiring and investing in properties that offer transitional care, long-term care, memory care assisted living, independent living programs, and medical office properties. The rental income generates maximum revenue for the company. It offers its services to the United States of America. Its operating segments comprise of Seniors housing and care investment properties, Owner occupied properties, Medical office buildings, and Corporate.

Invesque (TSX:IVQ.U) Headlines

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