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LaSalle Hotel Properties (LaSalle Hotel Properties) Accounts Receivable : $42 Mil (As of Sep. 2018)


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What is LaSalle Hotel Properties Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LaSalle Hotel Properties's accounts receivables for the quarter that ended in Sep. 2018 was $42 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LaSalle Hotel Properties's Days Sales Outstanding for the quarter that ended in Sep. 2018 was 13.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LaSalle Hotel Properties's Net-Net Working Capital per share for the quarter that ended in Sep. 2018 was $-9.94.


LaSalle Hotel Properties Accounts Receivable Historical Data

The historical data trend for LaSalle Hotel Properties'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.

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LaSalle Hotel Properties Accounts Receivable Chart

LaSalle Hotel Properties Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.66 30.34 39.04 35.40 35.92

LaSalle Hotel Properties Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 43.50 35.92 30.88 43.90 41.73

LaSalle Hotel Properties Accounts Receivable Calculation

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


LaSalle Hotel Properties 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.

LaSalle Hotel Properties's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=41.732/292.41*91
=13.02

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

LaSalle Hotel Properties's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2018 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)
=(248.164+0.75 * 41.732+0.5 * 18.681-1382.464
-0.104-3.341)/110.398
=-9.94

* 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.


LaSalle Hotel Properties Accounts Receivable Related Terms

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LaSalle Hotel Properties (LaSalle Hotel Properties) Business Description

Traded in Other Exchanges
N/A
Address
LaSalle Hotel Properties is a real estate investment trust that primarily buys, owns, redevelops, and leases upscale and luxury full-service hotels. These hotels are located in convention, resort, and major urban business markets in certain states across the United States. The primary urban markets include Boston, Chicago, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington, DC. The company's assets are held by and managed through LaSalle Hotel Operating Partnership, L.P. The firm is the sole general partner of the operating partnership. The company derives its income from its hotel operating revenue, its only segment.
Executives
Jeffrey T. Foland director P.O. BOX 66100 - HDQLD, CHICAGO IL 60666
Donald A Washburn director 222 SW HARRISON STREET, APT 23C, PORTLAND OR 97201
Leonard Darryl Hartley director PGI, 44 CANAL CENTER PLAZA SECOND FL, ALEXANDRIA VA 22314
Stuart L Scott director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Michael D Barnello director, officer: President and CEO LASALLE HOTEL PROPERTIES, 4800 MONTGOMERY LANE STE M25, BETHESDA MD 20814
Alfred L. Young officer: EVP and COO 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Denise M Coll director 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Kenneth G Fuller officer: EVP, CFO, Secretary, Treasurer 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Jeffrey L Martin director 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
William S Mccalmont director 3300 DREXEL, DALLAS TX 75205
Bruce A Riggins officer: EVP 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Donald S Perkins director 1319 MARQUETTE DR, ROMEOVILLE IL 60441
Kelly L Kuhn director 84 INVERNESS CIRCLE EAST, ENGLEWOOD CO 80112
Hans S Weger officer: Chief Financial Officer ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Julio E Morales officer: Chief Accounting Officer 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814