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Douglas Elliman (Douglas Elliman) Accounts Receivable : $19.8 Mil (As of Mar. 2024)


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What is Douglas Elliman Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Douglas Elliman's accounts receivables for the quarter that ended in Mar. 2024 was $19.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Douglas Elliman's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 9.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Douglas Elliman's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-1.74.


Douglas Elliman Accounts Receivable Historical Data

The historical data trend for Douglas Elliman'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.

Douglas Elliman Accounts Receivable Chart

Douglas Elliman Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 21.31 24.38 32.49 22.16 21.81

Douglas Elliman Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 24.23 21.00 26.82 21.81 19.83

Douglas Elliman Accounts Receivable Calculation

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


Douglas Elliman 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.

Douglas Elliman's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.828/200.239*91
=9.04

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

Douglas Elliman's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(91.451+0.75 * 19.828+0.5 * 0-265.277
-0-0.713)/91.5354
=-1.74

* 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.


Douglas Elliman Accounts Receivable Related Terms

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Douglas Elliman (Douglas Elliman) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, Miami, FL, USA, 33137
Douglas Elliman Inc is a real estate company. It offers sales, rentals, and new development to mortgages and title insurance, among other services related to real estate. Business is engaged in two operating segments Real Estate Brokerage and Corporate and other. The firm generates income from Commission and other brokerage revenue from existing home sales, Commission and other brokerage income from development marketing, Property management revenue and Title fees.
Executives
Richard Lampen director, officer: See Remarks 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Ronald J Kramer director 712 FIFTH AVENUE, NEW YORK NY 10019
Howard M Lorber director, officer: Chairman, President & CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Michael Liebowitz director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Lisa M. Seligman officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Kirkland J Bryant Iii officer: SVP, Treasurer & CFO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
New Valley Corp 10 percent owner, other: See Remarks INTERNATIONAL PLACE, 100 SE SECOND STREET, MIAMI FL 33131
Vector Group Ltd 10 percent owner, other: See Remarks 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
James D Ballard officer: See Remarks 4400 BISCAYNE BLVD., TENTH FLOOR, MIAMI FL 33137
Marc N Bell officer: See Remarks 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Wilson White director C/O VECTOR GROUP LTD, 4400 BISCAYNE BLVD; 10TH FLOOR, MIAMI FL 33137
Daniel A. Sachar officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Karen J. Chesleigh officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Stephen T. Larkin officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Lynn Mestel director 4400 BISCAYNE BLVD, MIAMI FL 33137