Chesapeake Lodging Trust (Chesapeake Lodging Trust) Accounts Receivable : $28.4 Mil (As of Jun. 2019)

View and export this data going back to 2010. Start your Free Trial

What is Chesapeake Lodging Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chesapeake Lodging Trust's accounts receivables for the quarter that ended in Jun. 2019 was $28.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chesapeake Lodging Trust's Days Sales Outstanding for the quarter that ended in Jun. 2019 was 16.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chesapeake Lodging Trust's Net-Net Working Capital per share for the quarter that ended in Jun. 2019 was $-14.00.

Chesapeake Lodging Trust Accounts Receivable Historical Data

The historical data trend for Chesapeake Lodging 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.

* Premium members only.

Chesapeake Lodging Trust Accounts Receivable Chart

Chesapeake Lodging Trust Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accounts Receivable

Get a 7-Day Free Trial

13.10

15.60

19.97

20.77

18.36

Chesapeake Lodging Trust Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Accounts Receivable	Get a 7-Day Free Trial															33.30	32.04	18.36	24.37	28.36

Chesapeake Lodging Trust Accounts Receivable Calculation

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

Chesapeake Lodging 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.

Chesapeake Lodging Trust's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	28.363	/	158.977	*	91
=	16.28

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

Chesapeake Lodging Trust's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2019 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)
=	(46.239	+	0.75 * 28.363	+	0.5 * 0	-	918.486
-	0	-	0)	/	60.7658
=	-14.00

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.

Chesapeake Lodging Trust Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Chesapeake Lodging Trust's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Chesapeake Lodging Trust (Chesapeake Lodging Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chesapeake Lodging Trust (NYSE:CHSP) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4300 Wilson Boulevard, Suite 625, Arlington, VA, USA, 22203

Website

http://www.chesapeakelodgingtrust.com

Chesapeake Lodging Trust is a real estate investment trust that invests in upper-upscale hotels in business and convention markets and, selectively, premium select-service hotels in urban settings and other locations in the United States. The company operates through its hotel ownership segment. The firm's operations include management agreements, which includes partnering with third parties to manage its hotels; franchise agreements; and TRS lease agreements, which are intercompany agreements between Chesapeake's property-owning subsidiaries and its TRS lessees. The company's revenue streams include room, food and beverage, and other, of which the room segment contributes the vast majority of total revenue.

Executives

Thomas D Eckert	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
John W Hill	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
James L Francis	director, officer: President & CEO	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Douglas W Vicari	director, officer: EVP & CFO	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Thomas A Natelli	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
D Rick Adams	officer: EVP & COO	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Jeffrey D Nuechterlein	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Graham J. Wootten	officer: SVP, CAO & Secretary	C/O CHESAPEAKE LODGING TRUST, 1997 ANNAPOLIS EXCHANGE PARKWAY, ANNAPOLIS MD 21401
Angelique G. Brunner	director	C/O CHESAPEAKE LODGING TRUST, 4300 WILSON BOULEVARD, SUITE 625, ARLINGTON VA 22203
George F Mckenzie	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Geoffrey Hulme	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
A Alex Porter	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Paul E Orlin	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Jonathan W Friedland	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Porter Orlin Llc	10 percent owner	666 FIFTH AVENUE, SUITE 3403, NEW YORK NY 10103