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Invincible Investment (TSE:8963) Days Sales Outstanding : 60.75 (As of Jun. 2023)


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What is Invincible Investment Days Sales Outstanding?

Invincible Investment's average Accounts Receivable for the six months ended in Jun. 2023 was 円5,298 Mil. Invincible Investment's Revenue for the six months ended in Jun. 2023 was 円15,915 Mil. Hence, Invincible Investment's Days Sales Outstanding for the six months ended in Jun. 2023 was 60.75.

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

TSE:8963' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.97   Med: 27.3   Max: 66.44
Current: 49.01

During the past 13 years, Invincible Investment's highest Days Sales Outstanding was 66.44. The lowest was 0.97. And the median was 27.30.

TSE:8963's Days Sales Outstanding is ranked worse than
71.64% of 617 companies
in the REITs industry
Industry Median: 22.44 vs TSE:8963: 49.01

Invincible Investment's Days Sales Outstanding declined from Jun. 2022 (67.60) to Jun. 2023 (60.75).


Invincible Investment Days Sales Outstanding Historical Data

The historical data trend for Invincible 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.

Invincible Investment Days Sales Outstanding Chart

Invincible Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.00 53.12 59.95 66.44 50.91

Invincible Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 38.36 67.60 63.04 60.75 55.76

Competitive Comparison of Invincible Investment's Days Sales Outstanding

For the REIT - Hotel & Motel subindustry, Invincible 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.


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

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

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



Invincible 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.

Invincible Investment's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (2293.736 + 4845.162) / 2 ) / 19609.824*365
=3569.449 / 19609.824*365
=66.44

Invincible Investment's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding (Q: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (4845.162 + 5750.301) / 2 ) / 15914.981*365 / 2
=5297.7315 / 15914.981*365 / 2
=60.75

* 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.


Invincible Investment  (TSE:8963) Days Sales Outstanding Explanation

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


Invincible Investment Days Sales Outstanding Related Terms

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Invincible Investment (TSE:8963) Business Description

Traded in Other Exchanges
N/A
Address
Roppongi Hills Mori Tower 6-10-1 Roppongi, Minato-ku, Tokyo, JPN
Invincible Investment Corp is a Japanese real estate investment trust. It aims to ensure steady asset growth and stable revenues from a medium-to-long-term perspective through investing in real estate properties. The company invests primarily in residential properties or hotels, or real estate assets and other assets backed by such residential properties or hotels and real estate-backed securities.

Invincible Investment (TSE:8963) Headlines

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