Modiv Industrial (Modiv Industrial) Days Sales Outstanding : 104.86 (As of Mar. 2024)

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What is Modiv Industrial Days Sales Outstanding?

Modiv Industrial's average Accounts Receivable for the three months ended in Mar. 2024 was $13.68 Mil. Modiv Industrial's Revenue for the three months ended in Mar. 2024 was $11.90 Mil. Hence, Modiv Industrial's Days Sales Outstanding for the three months ended in Mar. 2024 was 104.86.

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

MDV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.87 Med: 77.99 Max: 92.57
Current: 85.28

During the past 5 years, Modiv Industrial's highest Days Sales Outstanding was 92.57. The lowest was 62.87. And the median was 77.99.

MDV's Days Sales Outstanding is ranked worse than
84.85% of 614 companies
in the REITs industry
Industry Median: 23.7 vs MDV: 85.28

Modiv Industrial's Days Sales Outstanding increased from Mar. 2023 (70.43) to Mar. 2024 (104.86).

Modiv Industrial Days Sales Outstanding Historical Data

The historical data trend for Modiv Industrial'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.

Modiv Industrial Days Sales Outstanding Chart

Modiv Industrial Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

92.57

69.50

78.63

62.87

77.99

Modiv Industrial Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											70.43	69.85	75.48	89.13	104.86

Competitive Comparison of Modiv Industrial's Days Sales Outstanding

For the REIT - Diversified subindustry, Modiv Industrial'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.

Modiv Industrial's Days Sales Outstanding Distribution in the REITs Industry

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

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

Modiv Industrial 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.

Modiv Industrial'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
=	( (7.263	+	12.795)	/	2 )	/	46.937	*	365
=	10.029					/	46.937	*	365
=	77.99

Modiv Industrial'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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (12.795	+	14.558)	/	2 )	/	11.901	*	365 / 4
=	13.6765					/	11.901	*	365 / 4
=	104.86

Modiv Industrial (NYSE:MDV) Days Sales Outstanding Explanation

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

Modiv Industrial Days Sales Outstanding Related Terms

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Modiv Industrial (Modiv Industrial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Modiv Industrial Inc (NYSE:MDV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 S. Virginia Street, Suite 800, Reno, NV, USA, 89501

Website

https://www.modiv.com

Modiv Industrial Inc Formerly Modiv Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The Company has invested in single-tenant income-producing properties. All of the company's consolidated revenues are derived from company's consolidated real estate properties.

Executives

Aaron Scott Halfacre	officer: CEO	2100 REXFORD ROAD, SUITE 300, CHARLOTTE NC 28211
Nolan Thomas H Jr	director	14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Kimberly J Smith	director	2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016
Raymond J Pacini	officer: CFO	550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Adam Scott Markman	director	TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Tirondola Connie	director	14 DAYDREAM LN, ANDOVER NJ 07821
Asma Ishaq	director	120 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Curtis B Mcwilliams	director	450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Group Of Trophy, Llc	10 percent owner	21140 S. AVALON BLVD, CARSON CA 90745
Joe F Hanauer	director	361 FOREST AVE, LAGUNA BEACH CA 92651
Sandra G Sciutto	officer: CAO	6 EXECUTIVE CIRCLE, SUITE 250, IRVINE CA 92614
David Perduk	officer: CIO	PO BOX 1705, LAGUNA BEACH CA 92652
John Harold Davis	officer: CFO	3090 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626
Jeffrey Randolph	other: Trust Manager	3080 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626
John C Wang	director