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UMH Properties (XTAE:UMH) Accounts Receivable : ₪0.0 Mil (As of Dec. 2023)


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What is UMH Properties Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. UMH Properties's accounts receivables for the quarter that ended in Dec. 2023 was ₪0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. UMH Properties's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. UMH Properties's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₪-50.44.


UMH Properties Accounts Receivable Historical Data

The historical data trend for UMH Properties'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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UMH Properties Accounts Receivable Chart

UMH Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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UMH Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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UMH Properties Accounts Receivable Calculation

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


UMH Properties 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/215.941*91
=0.00

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

UMH Properties'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)
=(347.974+0.75 * 0+0.5 * 124.826-2731.404
-1099.636-7.859)/67.978
=-50.44

* 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.


UMH Properties Accounts Receivable Related Terms

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UMH Properties (XTAE:UMH) Business Description

Traded in Other Exchanges
Address
3499 Route 9, Suite 3C, Freehold, NJ, USA, 07728
UMH Properties Inc together with its subsidiaries is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities - leasing manufactured homesites to private manufactured home owners. It also leases homes to residents. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from leasing, brokerage, and appreciation. It is located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, and Maryland.