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Dynex Capital (Dynex Capital) Accounts Receivable : $28.7 Mil (As of Dec. 2023)


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What is Dynex Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dynex Capital's accounts receivables for the quarter that ended in Dec. 2023 was $28.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dynex Capital's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 79.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dynex Capital's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-95.82.


Dynex Capital Accounts Receivable Historical Data

The historical data trend for Dynex Capital'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.

Dynex Capital Accounts Receivable Chart

Dynex Capital 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 26.21 14.39 14.18 15.26 28.73

Dynex Capital 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 17.23 22.99 26.76 28.73 27.90

Dynex Capital Accounts Receivable Calculation

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


Dynex Capital 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.

Dynex Capital's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28.727/33.112*91
=79.17

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

Dynex Capital's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(119.639+0.75 * 28.727+0.5 * 0-5499.015
-107.843-0)/57.0382
=-95.82

* 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.


Dynex Capital Accounts Receivable Related Terms

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Dynex Capital (Dynex Capital) Business Description

Traded in Other Exchanges
Address
4991 Lake Brook Drive, Suite 100, Glen Allen, Richmond, VA, USA, 23060-9245
Dynex Capital Inc is a real estate investment trust. The company primarily invests in residential and commercial mortgage-backed securities. Its investments consist principally of Agency mortgage-backed securities including residential MBS and commercial MBS.
Executives
David H. Stevens director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Joy D Palmer director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Michael R Hughes director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Robert A Salcetti director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Robert S Colligan officer: EVP and CFO 1211 AVENUE OF THE AMERICAS, STE 2902, NEW YORK NY 10036
Jeffrey L Childress officer: Vice President and Controller C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DR., SUITE 100, GLEN ALLEN VA 23060
Byron L Boston director, officer: CEO and Co-CIO 4231 WALNUT RD, JACKSONVILLE FL 32257
Smriti Laxman Popenoe officer: President and Co-CIO 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Stephen J Benedetti officer: Exec. V.P., CFO, Treas & Sec.
Barry Igdaloff director
Valerie Mosley director TWO INTERNATIONAL PLACE, BOSTON MA 02110
Thomas B Akin director 2400 BRIDGEWAY # 200, SUITE 200, SAUSALITO CA 94965
Wheat James C Iii director 901 EAST BYRD STREET 13TH FLOOR, RIVERFRONT PLAZA, RICHMOND VA 23219
Daniel K Osborne director 4551 COX ROAD, SUITE 300, GLEN ALLEN VA 23060