The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. New York REIT's Revenue for the
three
months ended in Dec. 2016 was $42.4 Mil. New York REIT's average Accounts Receivable for the
three
months ended in Dec. 2016 was $0.0 Mil.
New York REIT Receivables Turnover Historical Data
The historical data trend for New York REIT's Receivables Turnover 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.
Competitive Comparison of New York REIT's Receivables Turnover
For the REIT - Office subindustry, New York REIT's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
New York REIT's Receivables Turnover Distribution in the REITs Industry
For the REITs industry and Real Estate sector, New York REIT's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where New York REIT's Receivables Turnover falls into.
New York REIT Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
New York REIT's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as
* 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.
New York REIT (NYSE:NYRT) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
New York REIT Receivables Turnover Related Terms
Thank you for viewing the detailed overview of New York REIT's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
New York REIT (New York REIT) Business Description
New York REIT Inc is a real estate investment trust primarily engaged in acquiring, owning, and leasing commercial properties in New York City. The company's real estate portfolio contains a variety of office, retail, hotel, parking, and storage locations. The vast majority of this portfolio, however, is comprised of office buildings in terms of total square footage. Nearly all of New York REIT's assets are located in the New York City borough of Manhattan. The company derives its revenue mainly in the form of rental income from long-term lease agreements. New York REIT's largest tenants include large law firms and international financial holding companies.
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