The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Invitation Homes's Revenue for the
three
months ended in Sep. 2024 was $660 Mil. Invitation Homes's average Accounts Receivable for the
three
months ended in Sep. 2024 was $68 Mil.
Hence, Invitation Homes's Receivables Turnover for the
three
months ended in Sep. 2024 was 9.68.
Invitation Homes Receivables Turnover Historical Data
The historical data trend for Invitation Homes's Receivables Turnover 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.
Competitive Comparison of Invitation Homes's Receivables Turnover
For the REIT - Residential subindustry, Invitation Homes's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.
Invitation Homes's Receivables Turnover Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Invitation Homes's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Invitation Homes's Receivables Turnover falls into.
Invitation Homes Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Invitation Homes's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Invitation Homes (NYSE:INVH) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Invitation Homes Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Invitation Homes's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Invitation Homes owns a portfolio of nearly 85,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price around $350,000 and generally less than 1,800 square feet. The portfolio is spread across 16 target markets that feature high employment and household formation growth with almost 70% of the portfolio in the Western U.S. and Florida; 15 of the 16 markets featuring average rents lower than homeownership costs.
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