LXP Industrial Trust (LXP Industrial Trust) Accounts Receivable : $4.5 Mil (As of Mar. 2024)

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What is LXP Industrial Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LXP Industrial Trust's accounts receivables for the quarter that ended in Mar. 2024 was $4.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LXP Industrial Trust's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 4.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LXP Industrial Trust's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-6.00.

LXP Industrial Trust Accounts Receivable Historical Data

The historical data trend for LXP Industrial Trust'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.

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LXP Industrial Trust Accounts Receivable Chart

LXP Industrial Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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3.23

2.90

3.53

3.03

5.33

LXP Industrial Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															4.14	4.97	6.64	5.33	4.55

LXP Industrial Trust Accounts Receivable Calculation

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

LXP Industrial Trust 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.

LXP Industrial Trust's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.545	/	86.251	*	91
=	4.81

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

LXP Industrial Trust'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)
=	(293.765	+	0.75 * 4.545	+	0.5 * 0	-	1935.854
-	94.016	-	31.959)	/	294.29
=	-6.00

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.

LXP Industrial Trust Accounts Receivable Related Terms

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LXP Industrial Trust (LXP Industrial Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LXP Industrial Trust (NYSE:LXP) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

LXPpC.PFD:USA

Address

One Penn Plaza, Suite 4015, New York, NY, USA, 10119-4015

Website

https://www.lxp.com

LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.

Executives

Derrick L Johnson	director	C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Nancy Elizabeth Noe	director	ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119
Arun Gupta	director	C/O COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE 300, ALEXANDRIA VA 22314
Nabil Andrawis	officer: EVP, Director of Taxation	C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Richard Frary	director	C/O TALLWOOD ASSOCIATES INC., 14 EAST 60TH STREET, SUITE 1003, NEW YORK NY 10022
Jamie Handwerker	director	9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Lara Sweeney Johnson	officer: EVP	C/O WINTHROP FINANCIAL ASSOCIATES, TWO JERICHO QUADRANGLE WING A SUITE 111, JERICHO NY 11753
Joseph Bonventre	officer: EVP, Gen Counsel & Secretary	ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Mark Cherone	officer: Chief Accounting Officer	C/O LEXINGTON REALTY TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 11743
James Dudley	officer: EVP & Director of Asset Mgmt.	C/O LEXINGTON REALTY TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Brendan P Mullinix	officer: EVP	LEXINGTON CORPORATE PROPERTIES TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Howard Stewart Roth	director	19 DEEPDALE DRIVE, GREAT NECK NY 11021
T Wilson Eglin	director, officer: CEO, President and COO
E Robert Roskind	director, officer: Chairman of the Board
Richard J Rouse	director, officer: Co-Vice Chairman & CIO