Paramount Group (Paramount Group) Change In Receivables : $3.4 Mil (TTM As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Paramount Group Change In Receivables?

Paramount Group's change in receivables for the quarter that ended in Mar. 2024 was $2.0 Mil. It means Paramount Group's Accounts Receivable declined by $2.0 Mil from Dec. 2023 to Mar. 2024 .

Paramount Group's change in receivables for the fiscal year that ended in Dec. 2023 was $5.8 Mil. It means Paramount Group's Accounts Receivable declined by $5.8 Mil from Dec. 2022 to Dec. 2023 .

Paramount Group's Accounts Receivable for the quarter that ended in Mar. 2024 was $16.0 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. Paramount Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 7.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Paramount Group's liquidation value for the three months ended in Mar. 2024 was $-3,562.8 Mil.

Paramount Group Change In Receivables Historical Data

The historical data trend for Paramount Group'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.

* Premium members only.

Paramount Group Change In Receivables Chart

Paramount Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

0.85

1.73

1.92

-8.28

5.81

Paramount Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															4.46	5.72	-0.65	-3.71	2.01

Paramount Group 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 $3.4 Mil.

Paramount Group (NYSE:PGRE) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16.048	/	188.877	*	91
=	7.75

2. In Ben Graham's calculation of liquidation value, Paramount Group's accounts receivable are only considered to be worth 75% of book value:

Paramount Group'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)
=	276.235	-	3851.064	+	0.75 * 16.048	+	0.5 * 0
=	-3,562.8

Paramount Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Paramount Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Paramount Group (Paramount Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Paramount Group Inc (NYSE:PGRE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

6PM:Germany

Address

1633 Broadway, Suite 1801, New York, NY, USA, 10019

Website

https://www.pgre.com

Paramount Group Inc is a real estate investment trust engaged in owning, operating, managing, acquiring, and redeveloping high-quality, Class A office properties in select central business district ("CBD") submarkets of New York City and San Francisco. The company operates in two geographical segments New York and San Francisco. Paramount Group derives nearly all of its revenue in the form of rental income from leasing its offices to tenants. The company's New York City assets generate the majority of its total revenue.

Executives

Albert P. Behler	director, officer: Chairman, CEO and President	PARAMOUNT GROUP, INC., 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Gage R. Johnson	officer: SVP, GC and Secretary	PARAMOUNT GROUP, INC., 1633 BROADWAY, NEW YORK NY 10018
Thomas Armbrust	director	WERNER OTTO STRASSE 1-7, D-22179 HAMBURG 2M D-22179
Martin Bussmann	director	C/O PARAMOUNT GROUP, INC., 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Paula Sutter	director	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Hitoshi Saito	director	PARAMOUNT GROUP, INC., 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Ermelinda Berberi	officer: See Remarks	1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Gregory S Wright	director	FOUR EMBARCADERO CENTER, SUITE 3200, SAN FRANCISCO CA 94111
Katharina Otto-bernstein	director, 10 percent owner	C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Alexander Otto	10 percent owner	C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Maren Otto	10 percent owner	WERNER-OTTO-STR. 1-7, HAMBURG 2M D-22179
Dyer Colin	director	JONES LANG LASALLE INCORPORATED, 200 EAST RANDOLPH DRIVE, CHICAGO IL 60601
David Zobel	officer: See Remarks	144 E. 84TH STREET #6D, NEW YORK NY 10028
Mark R Patterson	director	40 MINNISINK ROAD, SHORT HILLS NJ 07078
Brindley Peter R.c.	officer: EVP, Leasing	1633 BROADWAY, SUITE 1801, NEW YORK NY 10019