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Drive Shack (Drive Shack) Change In Receivables : $7.6 Mil (TTM As of Sep. 2023)


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What is Drive Shack Change In Receivables?

Drive Shack's change in receivables for the quarter that ended in Sep. 2023 was $-3.3 Mil. It means Drive Shack's Accounts Receivable increased by $3.3 Mil from Jun. 2023 to Sep. 2023 .

Drive Shack's change in receivables for the fiscal year that ended in Dec. 2022 was $9.6 Mil. It means Drive Shack's Accounts Receivable declined by $9.6 Mil from Dec. 2021 to Dec. 2022 .

Drive Shack's Accounts Receivable for the quarter that ended in Sep. 2023 was $6.7 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. Drive Shack's Days Sales Outstanding for the three months ended in Sep. 2023 was 6.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Drive Shack's liquidation value for the three months ended in Sep. 2023 was $-464.9 Mil.


Drive Shack Change In Receivables Historical Data

The historical data trend for Drive Shack'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.

Drive Shack Change In Receivables Chart

Drive Shack Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 2.73 1.42 -12.07 9.58

Drive Shack Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.13 13.93 -0.73 -2.33 -3.29

Drive Shack 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.6 Mil.

* 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.


Drive Shack  (OTCPK:DSHK) 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.

Drive Shack's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.725/100.336*91
=6.12

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

Drive Shack's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=13.81-485.47+0.75 * 6.725+0.5 * 3.463
=-464.9

* 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.


Drive Shack Change In Receivables Related Terms

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Drive Shack (Drive Shack) Business Description

Traded in Other Exchanges
Address
10670 N. Central Expressway, Suite 700, Dallas, TX, USA, 75231
Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues, and corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm's revenue gets derived from the Traditional Golf Properties segment.
Executives
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Hana Khouri officer: President 218 WEST 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Stuart A Mcfarland director C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Goodfield Lawrence A. Jr. officer: CFO, CAO & Treasurer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Lee Nichols officer: Chief Financial Officer C/O DRIVE SHACK INC., 218 W. 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Acacia Research Corp director 767 3RD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Virgis Colbert director 5725 DELPHI DRIVE, TROY MI 48098
Benjamin M Crane director 218 WEST 18TH STREET 3RD FLOOR, NEW YORK NY 10011
Clifford Press director 152 WEST 57TH STREET, NEW YORK NY 10019
David Hammarley officer: Chief Financial Officer 111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Kenneth A May director, officer: CEO & President 13155 NOEL ROAD, SUITE 1600, THREE GALLERIA TOWER, DALLAS TX 75240
William J Clifford director 845 BERKSHIRE BLVD. SUITE 200, WYOMISSING PA 19610
Alan L. Tyson director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sara A. Yakin officer: Chief Operating Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sarah Watterson officer: CEO & President 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105