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Blackstone Mortgage Trust (Blackstone Mortgage Trust) Accounts Receivable : $206.2 Mil (As of Mar. 2024)


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What is Blackstone Mortgage Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Blackstone Mortgage Trust's accounts receivables for the quarter that ended in Mar. 2024 was $206.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Blackstone Mortgage Trust's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 132.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Blackstone Mortgage Trust's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-106.88.


Blackstone Mortgage Trust Accounts Receivable Historical Data

The historical data trend for Blackstone Mortgage 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.

Blackstone Mortgage Trust Accounts Receivable Chart

Blackstone Mortgage Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.65 66.76 86.10 189.57 214.84

Blackstone Mortgage Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 181.95 188.84 189.61 214.84 206.23

Blackstone Mortgage Trust Accounts Receivable Calculation

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


Blackstone Mortgage 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.

Blackstone Mortgage Trust's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=206.227/142.392*91
=132.16

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

Blackstone Mortgage Trust's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(413.986+0.75 * 206.227+0.5 * 0-19101.276
-0-19.834)/173.582
=-106.88

* 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.


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.


Blackstone Mortgage Trust Accounts Receivable Related Terms

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Blackstone Mortgage Trust (Blackstone Mortgage Trust) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia. The vast majority of the company's asset portfolio is comprised of floating rate loans secured by priority mortgages. These mortgages are mainly derived from office, hotel, and manufactured housing properties. A significant percentage of the collateralized real estate properties are located in New York, California, and the United Kingdom. Blackstone Mortgage Trust is managed by a subsidiary of The Blackstone Group and benefits from the market data provided by its parent company. Nearly all of Blackstone Mortgage Trust's revenue is generated in the form of interest income.
Executives
Marone Anthony F. Jr officer: Chief Financial Officer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Katharine A Keenan director, officer: CEO & President C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Nnenna Lynch director 4040 WILSON BOULEVARD, SUITE1000, ARLINGTON VA 22203
Lynne B Sagalyn director
Leonard W Cotton director 625 MADISON AVENUE, NEW YORK NY 10022
Henry N Nassau director 435 DEVON PARK DR, BLDG 600, WAYNE PA 19087
Thomas E Dobrowski director MANUFACTURED HOME COMMUNTIES INC, 2 N RIVERSIDE PLZ #8, CHICAGO IL 60606
Timothy Steven Johnson director C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Michael B. Nash director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Gilda Perez-alvarado director C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Jonathan Lee Pollack director C/O BLACKSTONE MORTGAGE TRUST, INC., 345 PARK AVE., 42ND FLOOR, NEW YORK NY 10154
Douglas N. Armer officer: Principal and Treasurer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Stephen D Plavin director, officer: CEO OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY SUITE 350, ANN ARBOR MI 48108
Thomas C Ruffing officer: CCO, Head of Asset Management C/O CAPITAL TRUST, INC. 410 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Paul D Quinlan officer: Chief Financial Officer C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154