Hersha Hospitality Trust (Hersha Hospitality Trust) Change In Receivables : $0.56 Mil (TTM As of Sep. 2023)

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What is Hersha Hospitality Trust Change In Receivables?

Hersha Hospitality Trust's change in receivables for the quarter that ended in Sep. 2023 was $-0.06 Mil. It means Hersha Hospitality Trust's Accounts Receivable increased by $0.06 Mil from Jun. 2023 to Sep. 2023 .

Hersha Hospitality Trust's change in receivables for the fiscal year that ended in Dec. 2022 was $1.82 Mil. It means Hersha Hospitality Trust's Accounts Receivable declined by $1.82 Mil from Dec. 2021 to Dec. 2022 .

Hersha Hospitality Trust's Accounts Receivable for the quarter that ended in Sep. 2023 was $6.11 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. Hersha Hospitality Trust's Days Sales Outstanding for the three months ended in Sep. 2023 was 6.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hersha Hospitality Trust's liquidation value for the three months ended in Sep. 2023 was $-500.37 Mil.

Hersha Hospitality Trust Change In Receivables Historical Data

The historical data trend for Hersha Hospitality Trust'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.

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Hersha Hospitality Trust Change In Receivables Chart

Hersha Hospitality Trust Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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3.07

-1.79

7.00

-2.66

1.82

Hersha Hospitality Trust 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															1.87	-2.26	4.21	-1.32	-0.06

Hersha Hospitality Trust 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 $0.56 Mil.

Hersha Hospitality Trust (NYSE:HTpC.PFD) 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.

Hersha Hospitality Trust's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.111	/	91.984	*	91
=	6.06

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

Hersha Hospitality Trust'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)
=	146.145	-	651.098	+	0.75 * 6.111	+	0.5 * 0
=	-500.37

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Hersha Hospitality Trust (Hersha Hospitality Trust) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hersha Hospitality Trust (NYSE:HTpC.PFD) » Definitions » Change In Receivables

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Address

44 Hersha Drive, Harrisburg, PA, USA, 17102

Website

https://www.hersha.com

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality upscale hotels in urban gateway markets. Its hotels are located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles, and San Diego. The company's revenue streams include Hotel revenue and Other revenue.