American Residential Properties (American Residential Properties) Receivables Turnover : 7.19 (As of Sep. 2015)

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What is American Residential Properties Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. American Residential Properties's Revenue for the three months ended in Sep. 2015 was $32.0 Mil. American Residential Properties's average Accounts Receivable for the three months ended in Sep. 2015 was $4.4 Mil. Hence, American Residential Properties's Receivables Turnover for the three months ended in Sep. 2015 was 7.19.

American Residential Properties Receivables Turnover Historical Data

The historical data trend for American Residential Properties's Receivables Turnover 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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American Residential Properties Receivables Turnover Chart

American Residential Properties Annual Data

Trend

Dec12

Dec13

Dec14

Receivables Turnover

16.32

23.07

American Residential Properties Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Receivables Turnover	Get a 7-Day Free Trial								7.12	6.07	6.12	6.49	7.19

Competitive Comparison of American Residential Properties's Receivables Turnover

For the REIT - Residential subindustry, American Residential Properties's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

American Residential Properties's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Residential Properties's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where American Residential Properties's Receivables Turnover falls into.

American Residential Properties Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

American Residential Properties's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Receivables Turnover (A: Dec. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2014 )	/ (	(Accounts Receivable (A: Dec. 2013 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )
=	86.864	/ (	(2.949	+	4.583)	/	2 )
=	86.864	/	3.766
=	23.07

American Residential Properties's Receivables Turnover for the quarter that ended in Sep. 2015 is calculated as

	Receivables Turnover (Q: Sep. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2015 )	/ (	(Accounts Receivable (Q: Jun. 2015 )	+	Accounts Receivable (Q: Sep. 2015 ))	/	count )
=	31.967	/ (	(5.473	+	3.422)	/	2 )
=	31.967	/	4.4475
=	7.19

American Residential Properties (NYSE:ARPI) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

American Residential Properties Receivables Turnover Related Terms

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American Residential Properties (American Residential Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Residential Properties Inc (NYSE:ARPI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.americanresidentialproperties.com

American Residential Properties Inc was incorporated in Maryland in March 2012. The Company acquires, restores, leases and manages single-family homes as rental properties. As of December 31, 2012, it owned 1,775 properties in Arizona, California, Florida, Georgia, Illinois, Nevada and Texas with an aggregate investment of $220.6 million, and managed an additional 606 properties for Phoenix Fund in Arizona and Nevada.

Executives

Keith R Guericke	director	C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Todd Mansfield	director	3102 WEST END AVENUE,, SUITE 400, NASHVILLE TN 37203
Douglas N Benham	director
David M. Brain	director	909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Laurie A. Hawkes	director, officer: President and COO	7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254

American Residential Properties (American Residential Properties) Headlines

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