Apartment Investment & Management Co (Apartment Investment & Management Co) Accounts Receivable

: $4.8 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Apartment Investment & Management Co's accounts receivables for the quarter that ended in Dec. 2023 was $4.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Apartment Investment & Management Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 8.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Apartment Investment & Management Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.48.

Apartment Investment & Management Co Accounts Receivable Historical Data

The historical data trend for Apartment Investment & Management Co'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.

Apartment Investment & Management Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

2.31

2.66

2.47

4.08

4.80

Apartment Investment & Management Co Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable														4.08	3.87	4.20	3.26	4.80

Apartment Investment & Management Co Accounts Receivable Calculation

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

Apartment Investment & Management Co 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.

Apartment Investment & Management Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.804	/	49.352	*	91
=	8.88

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

Apartment Investment & Management Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(122.601	+	0.75 * 4.804	+	0.5 * 0	-	1497.865
-	0	-	241.958)	/	140.576
=	-11.48

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.

Apartment Investment & Management Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Apartment Investment & Management Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Apartment Investment & Management Co (Apartment Investment & Management Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apartment Investment & Management Co (NYSE:AIV) » Definitions » Accounts Receivable

Comparable Companies

UMH CSR NXRT ELME VRE BRT FREVS CLPR BHM IRT AVB EQR INVH SUI MAA ESS ELS AMH UDR CPT

Traded in Other Exchanges

N/A

Address

4582 South Ulster Street, Suite 1450, Denver, CO, USA, 80237

Website

https://www.aimco.com

Apartment Investment & Management Co is a self-managed real estate investment trust. It is focused on property development, redevelopment and various other value-creating investment strategies, targeting the U.S multifamily market. Its operating segments are Development and Redevelopment; Operating, and Other. The company generates majority of revenue from operating segment.

Executives

Sherry L Rexroad	director	2 BAYBERRY CIRCLE, AMBLER PA 19002
Kellie Dreyer	officer: Senior Vice President and CAO	4582 S. ULSTER ST. SUITE 1450, DENVER CO 80237
James Patrick Sullivan	director	34 SOUTH PEAK, LAGUNA NIGUEL CA 92677
Jay P Leupp	director	16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Michael A Stein	director	4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Kirk Sykes	director	C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Robert A. Miller	director	6649 WESTWOOD BLVD, SUITE 500, ORLANDO FL 32821
R Dary Stone	director	3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Patricia L Gibson	director	545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Quincy Allen	director	4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Deborah Smith	director	4582 S. ULSTER STREET, SUITE 1450, DENVER CO 80237
Terry Considine	director	4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Jennifer Johnson	officer: EVP CAO and General Counsel	4582 S. ULSTER STREET, STE 1400, DENVER CO 80237
Wesley William Powell	director, officer: President and CEO	4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Lynn Stanfield	officer: EVP and CFO	4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237