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Whitestone REIT (Whitestone REIT) Accounts Receivable : $2.7 Mil (As of Dec. 2023)


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What is Whitestone REIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Whitestone REIT's accounts receivables for the quarter that ended in Dec. 2023 was $2.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Whitestone REIT's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 6.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Whitestone REIT's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-13.97.


Whitestone REIT Accounts Receivable Historical Data

The historical data trend for Whitestone REIT's Accounts Receivable 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.

Whitestone REIT Accounts Receivable Chart

Whitestone REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.57 6.53 3.51 3.01 2.72

Whitestone REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 3.01 3.16 3.16 2.54 2.72

Whitestone REIT Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Whitestone REIT Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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 receivables are being managed.

Whitestone REIT's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.717/37.529*91
=6.61

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Whitestone REIT's accounts receivable are only considered to be worth 75% of book value:

Whitestone REIT's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.572+0.75 * 2.717+0.5 * 0-693.622
-0-5.875)/49.6108
=-13.97

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Whitestone REIT Accounts Receivable Related Terms

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Whitestone REIT (Whitestone REIT) Business Description

Traded in Other Exchanges
N/A
Address
2600 South Gessner, Suite 500, Houston, TX, USA, 77063
Whitestone REIT is a real estate investment trust (REIT) engaged in owning and operating commercial properties in culturally diverse markets in metropolitan areas. Its property portfolio includes retail and office/flex properties. The company's properties are located in business-friendly locations in and around Austin, Chicago, Dallas-Fort Worth, Houston, Phoenix, and San Antonio. The organization derives revenue in the form of rental revenues.
Executives
Julia Bruns Buthman director 5414 BELMONT AVE., DALLAS TX 75206
Amy Shih-hua Feng director 305 2ND AVENUE, APT 534, NEW YORK NY 10003
Christine J Mastandrea officer: VP Strategy & Mkt Research 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
Soklin Siv officer: VP of Human Resources 4506 LAKE BARDWELL CT., RICHMOND TX 77406
John Scott Hogan officer: Chief Financial Officer 2311 SUN SHADOW LN, SPRING TX 77386
Peter Tropoli officer: General Counsel
Jeffrey Alan Jones director WHITESTONE REIT, 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
James C Mastandrea director, officer: CHAIRMAN & CEO 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
David F. Taylor director WHITESTONE REIT, 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
Najeeb A Khan director PO BOX 1602, SOUTH BEND IN 46634
Nandita Berry director 2600 SOUTH GESSNER, SUITE 500, HOUSTON TX 77063
Paul T Lambert director
David K Holeman officer: CHIEF FINANCIAL OFFICER 20 GREENWAY PLAZA, SUITE 600, HOUSTON TX 77046
John J Dee officer: CHIEF OPERATING OFFICER
Kyle A Miller officer: Vice President of Operations 2600 SOUTH GESSNER ROAD SUITE 500, HOUSTON TX 77063

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