Chicago Atlantic Real Estate Finance (Chicago Atlantic Real Estate Finance) Change In Receivables : $3.10 Mil (TTM As of Mar. 2024)

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What is Chicago Atlantic Real Estate Finance Change In Receivables?

Chicago Atlantic Real Estate Finance's change in receivables for the quarter that ended in Mar. 2024 was $-0.02 Mil. It means Chicago Atlantic Real Estate Finance's Accounts Receivable increased by $0.02 Mil from Dec. 2023 to Mar. 2024 .

Chicago Atlantic Real Estate Finance's change in receivables for the fiscal year that ended in Dec. 2023 was $0.15 Mil. It means Chicago Atlantic Real Estate Finance's Accounts Receivable declined by $0.15 Mil from Dec. 2022 to Dec. 2023 .

Chicago Atlantic Real Estate Finance's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.93 Mil.

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 Receivable are being managed. Chicago Atlantic Real Estate Finance's Days Sales Outstanding for the three months ended in Mar. 2024 was 6.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chicago Atlantic Real Estate Finance's liquidation value for the three months ended in Mar. 2024 was $-90.09 Mil.

Chicago Atlantic Real Estate Finance Change In Receivables Historical Data

The historical data trend for Chicago Atlantic Real Estate Finance's Change In Receivables 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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Chicago Atlantic Real Estate Finance Change In Receivables Chart

Chicago Atlantic Real Estate Finance Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-1.11

0.15

Chicago Atlantic Real Estate Finance Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial							-2.98	3.07	-1.26	1.32	-0.02

Chicago Atlantic Real Estate Finance Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.10 Mil.

Chicago Atlantic Real Estate Finance (NAS:REFI) Change In Receivables 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 Receivable are being managed.

Chicago Atlantic Real Estate Finance's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.927	/	13.236	*	91
=	6.39

2. In Ben Graham's calculation of liquidation value, Chicago Atlantic Real Estate Finance's accounts receivable are only considered to be worth 75% of book value:

Chicago Atlantic Real Estate Finance's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.904	-	97.694	+	0.75 * 0.927	+	0.5 * 0
=	-90.09

Chicago Atlantic Real Estate Finance Change In Receivables Related Terms

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Chicago Atlantic Real Estate Finance (Chicago Atlantic Real Estate Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chicago Atlantic Real Estate Finance Inc (NAS:REFI) » Definitions » Change In Receivables

Comparable Companies

NREF GPMT AOMR IVR ORC SEVN SACH AAIC AJX MITT NLY STWD AGNC RITM BXMT ABR RC ARI CMTG LADR

Traded in Other Exchanges

N/A

Address

1680 Michigan Avenue, Suite 700, Miami Beach, FL, USA, 33139

Website

https://www.chicagoatlanticcredit.com

Chicago Atlantic Real Estate Finance Inc is engaged in a commercial real estate finance company. Its primary investment objective is to provide attractive risk-adjusted returns for stockholders over time, through consistent current income dividends and other distributions and secondarily through capital appreciation.

Executives

John Mazarakis	director, officer: Exec. Chair of the Board	C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Andreas Bodmeier	director, officer: Co-President and CIO	C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Peter Sack	director, officer: Co-President	C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Anthony Cappell	director, officer: Chief Executive Officer	C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Phillip Silverman	officer: Interim CFO	C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
David Kite	officer: Chief Operating Officer	C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Jason D Papastavrou	director	C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Frederick C Herbst	director
Lindsay Menze	officer: Chief Financial Officer	C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Michael L. Steiner	director	C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Brandon Konigsberg	director	C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Chicago Atlantic Fund Qp, Llc	10 percent owner	420 NORTH WABASH AVE., SUITE 500, CHICAGO IL 60611
Donald E. Gulbrandsen	director	C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Chicago Atlantic Cre Holdings, Llc	10 percent owner	C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611