RAIT Financial Trust (RAIT Financial Trust) Accounts Receivable

: $16.75 Mil (As of Jun. 2019)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. RAIT Financial Trust's accounts receivables for the quarter that ended in Jun. 2019 was $16.75 Mil.

Accounts receivable can be measured by Days Sales Outstanding. RAIT Financial Trust's Days Sales Outstanding for the quarter that ended in Jun. 2019 was 498.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. RAIT Financial Trust's Net-Net Working Capital per share for the quarter that ended in Jun. 2019 was $N/A.

RAIT Financial Trust Accounts Receivable Historical Data

The historical data trend for RAIT Financial Trust'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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RAIT Financial Trust Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accounts Receivable

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51.64

47.34

36.27

29.66

18.04

RAIT Financial Trust Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Accounts Receivable	Get a 7-Day Free Trial															28.15	24.96	18.04	17.40	16.75

RAIT Financial Trust Accounts Receivable Calculation

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

RAIT Financial Trust 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.

RAIT Financial Trust's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16.754	/	3.066	*	91
=	498.63

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

RAIT Financial Trust's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2019 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)
=	(46.705	+	0.75 * 16.754	+	0.5 * 0	-	518.124
-	0.1	-	0)	/	0
=	N/A

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.

RAIT Financial Trust Accounts Receivable Related Terms

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RAIT Financial Trust (RAIT Financial Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » RAIT Financial Trust (OTCPK:RASJQ.PFD) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 North 18th Street, Two Logan Square, 23rd Floor, Philadelphia, PA, USA, 19103

Website

https://www.rait.com

RAIT Financial Trust is a United States-based real estate investment trust. Through its subsidiaries, the company invests in and manages a portfolio of commercial real estate (CRE) loans and properties. It operates in the business segment of real estate lending, owning and managing segment which focuses on lending, owning and managing commercial real estate assets throughout the United States. The form of the company's investments ranged from first mortgage loans to equity ownership of a commercial real estate property. It derives main revenue in the form of property income.

RAIT Financial Trust (RAIT Financial Trust) Headlines

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