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MTGEP.PFD (MTGE Investment) Days Sales Outstanding : 16.84 (As of Jun. 2018)


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What is MTGE Investment Days Sales Outstanding?

MTGE Investment's average Accounts Receivable for the three months ended in Jun. 2018 was $1.55 Mil. MTGE Investment's Revenue for the three months ended in Jun. 2018 was $8.41 Mil. Hence, MTGE Investment's Days Sales Outstanding for the three months ended in Jun. 2018 was 16.84.

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

MTGEP.PFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.35   Med: 6501.49   Max: 68792.37
Current: 12.35

During the past 7 years, MTGE Investment's highest Days Sales Outstanding was 68792.37. The lowest was 12.35. And the median was 6501.49.

MTGEP.PFD's Days Sales Outstanding is not ranked
in the REITs industry.
Industry Median: 22.4 vs MTGEP.PFD: 12.35

MTGE Investment's Days Sales Outstanding declined from Jun. 2017 (18,267.67) to Jun. 2018 (16.84).

MTGE Investment Days Sales Outstanding Historical Data

The historical data trend for MTGE Investment'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.

MTGE Investment Days Sales Outstanding Chart

MTGE Investment Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Sales Outstanding
Get a 7-Day Free Trial 57,216.20 3,471.24 1,971.14 5,145.85 8,921.17

MTGE Investment Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 18,267.67 10,253.31 9,336.22 4,969.14 16.84

Competitive Comparison of MTGE Investment's Days Sales Outstanding

For the REIT - Diversified subindustry, MTGE Investment'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.

MTGE Investment's Days Sales Outstanding Distribution in the REITs Industry

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

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


MTGE Investment 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.

MTGE Investment's Days Sales Outstanding for the fiscal year that ended in Dec. 2017 is calculated as

Days Sales Outstanding (A: Dec. 2017 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count ) / Revenue (A: Dec. 2017 )*Days in Period
=( (487.469 + 843.13) / 2 ) / 27.22*365
=665.2995 / 27.22*365
=8,921.17

MTGE Investment's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding (Q: Jun. 2018 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2018 ) + Accounts Receivable (A: Jun. 2018 )) / count ) / Revenue (A: Jun. 2018 )*Days in Period
=( (2.033 + 1.072) / 2 ) / 8.411*365 / 4
=1.5525 / 8.411*365 / 4
=16.84

* 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.

MTGE Investment  (NAS:MTGEP.PFD) Days Sales Outstanding Explanation

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

MTGE Investment Days Sales Outstanding Related Terms

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MTGE Investment Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MTGE Investment Corp (NAS:MTGEP.PFD) » Definitions » Days Sales Outstanding
Comparable Companies
HIFR ASX:CLW BKK:WHART TSE:8977 XTER:HAB XPAR:ARG MIL:IGD JSE:IPF XTAE:RIT1 AFIN XMAD:YZBL AHH XBRU:WEHB XMAD:LRE SGX:CRPU JSE:ATT TSX:AX.UN XBRU:INTO RC TSE:8966
Traded in Other Exchanges
N/A
Address
Website
http://www.mtge.com
MTGE Investment is a hybrid mortgage REIT that invests in, finances, and manages a portfolio of agency mortgage-backed securities, nonagency mortgage investments, and other real estate-related assets. Its residential mortgage-backed securities, or RMBS, include residential mortgage pass-through certificates and collateralised mortgage obligations. Its nonagency mortgage investments comprise RMBS backed by residential mortgages, as well as prime and nonprime residential mortgage loans. The company generates its revenue from the interest earned and lease payments received on its investment assets. MTGE Investment's assets are externally managed by a subsidiary of AGNC Investment.
Executives
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Robert M. Couch director AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Randy E. Dobbs director C/O VIEMED HEALTHCARE, INC, 625 E. KALISTE SALOOM RD, LAFAYETTE LA 70508
Sean Reid officer: CEO AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Steven W. Abrahams director MTGE INVESTMENT CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Kenneth L. Pollack officer: SVP and Secretary AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Donald Holley officer: SVP and Chief Accounting Off. AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Aaron Pas officer: SVP AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Prue Larocca director AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Sab Capital Advisors Llc 10 percent owner 767 FIFTH AVENUE, 45TH FLOOR, NEW YORK NY 10153
Sab Capital Management Llc 10 percent owner 767 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10153
Sab Capital Management Lp 10 percent owner 767 FIFTH AVENUE, 45TH FLOOR, NEW YORK NY 10153
Scott A Bommer 10 percent owner 712 FIFTH AVE, NEW YORK NY 10019
Christopher Kuehl officer: SVP, Agency Portfolio Invt AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FL, BETHESDA MD 20814
John R Erickson director, officer: EVP, CFO and Asst. Sec. 2 BETHESDA METRO CENTER, 14TH FLOOR, BETHESDA MD 20814