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Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Accounts Receivable : $48.5 Mil (As of Jun. 2022)


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What is Bluerock Residential Growth REIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bluerock Residential Growth REIT's accounts receivables for the quarter that ended in Jun. 2022 was $48.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bluerock Residential Growth REIT's Days Sales Outstanding for the quarter that ended in Jun. 2022 was 74.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bluerock Residential Growth REIT's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was $-77.99.


Bluerock Residential Growth REIT Accounts Receivable Historical Data

The historical data trend for Bluerock Residential Growth REIT'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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Bluerock Residential Growth REIT Accounts Receivable Chart

Bluerock Residential Growth REIT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.69 14.40 16.32 29.50 43.11

Bluerock Residential Growth REIT Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 40.78 43.32 43.11 43.40 48.54

Bluerock Residential Growth REIT Accounts Receivable Calculation

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


Bluerock Residential Growth REIT 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.

Bluerock Residential Growth REIT's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=48.543/59.588*91
=74.34

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

Bluerock Residential Growth REIT's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 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)
=(244.924+0.75 * 48.543+0.5 * 0-1511.947
-1111.223-35.176)/30.4783
=-77.99

* 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.


Bluerock Residential Growth REIT Accounts Receivable Related Terms

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Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105
Bluerock Residential Growth REIT Inc is a real estate investment trust (or REIT). The company's objective is to maximize long-term stockholder value by acquiring well-located institutional-quality apartment properties in demographically attractive growth markets across the United States. Its property portfolios include Alexan CityCentre, Alexan Southside, Arium Grandewood, Arium Palmer Ranch, and others.
Executives
Romano Tio director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Michael Difranco officer: Executive VP, Operations 712 FIFTH AVENUE, SUITE 900, NEW YORK NY 10019
Christopher J. Vohs officer: Chief Financial Officer 27777 FRANKLIN RD SUITE 900, SOUTHFIELD MI 48034
Ryan S Macdonald officer: Chief Acquisitions Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10012
Ramin Kamfar director, officer: Chairman and CEO 1345 AVENUE OF THE AMERICAS, 32 FLOOR, NEW YORK NY 10105
Michael L. Konig officer: See Remarks 712 FIFTH AVENUE 9TH FLOOR NEW YORK NY 10019
Jordan B. Ruddy officer: See Remarks 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Babb James G. Iii officer: Chief Investment Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Kamal Jafarnia director 7201 REGENCY COURT, PLANO TX 75024
I. Bobby Majumder director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Elizabeth Scott Harrison director 390 WEST END AVENUE, APARTMENT 3F, NEW YORK NY 10024
Gary Kachadurian director, officer: Chief Investment Officer 620 NEWPORT CENTER DRIVE SUITE 1300 NEWPORT BEACH CA 92660
Bluerock Special Opportunity & Income Fund Ii, Llc 10 percent owner C/O BLUEROCK REAL ESTATE, L.L.C. 70 EAST 55TH STREET, 9TH FLOOR NEW YORK NY 10022
Brian D. Bailey director C/O CARMICHAEL INVESTMENT PARTNERS LLC, 4725 PIEDMONT ROW DRIVE, SUITE 210, CHARLOTTE NC 28210
Randy I Anderson officer: Chief Executive Officer GRIFFIN CAPITAL PLAZA 1520 GRAND AVENUE EL SEGUNDO CA 90245

Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Headlines

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