Preferred Apartment Communities (Preferred Apartment Communities) Change In Receivables : $-13.6 Mil (TTM As of Mar. 2022)

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What is Preferred Apartment Communities Change In Receivables?

Preferred Apartment Communities's change in receivables for the quarter that ended in Mar. 2022 was $-3.4 Mil. It means Preferred Apartment Communities's Accounts Receivable increased by $3.4 Mil from Dec. 2021 to Mar. 2022 .

Preferred Apartment Communities's change in receivables for the fiscal year that ended in Dec. 2021 was $-5.4 Mil. It means Preferred Apartment Communities's Accounts Receivable increased by $5.4 Mil from Dec. 2020 to Dec. 2021 .

Preferred Apartment Communities's Accounts Receivable for the quarter that ended in Mar. 2022 was $82.0 Mil.

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 Receivable are being managed. Preferred Apartment Communities's Days Sales Outstanding for the three months ended in Mar. 2022 was 71.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Preferred Apartment Communities's liquidation value for the three months ended in Mar. 2022 was $-2,406.9 Mil.

Preferred Apartment Communities Change In Receivables Historical Data

The historical data trend for Preferred Apartment Communities's Change In Receivables 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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Preferred Apartment Communities Change In Receivables Chart

Preferred Apartment Communities Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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-12.11

-7.63

-21.21

-24.82

-5.43

Preferred Apartment Communities Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Change In Receivables	Get a 7-Day Free Trial															4.77	-1.06	-1.37	-7.78	-3.45

Preferred Apartment Communities Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.6 Mil.

Preferred Apartment Communities (NYSE:APTS) Change In Receivables 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 Receivable are being managed.

Preferred Apartment Communities's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	82.023	/	104.88	*	91
=	71.36

2. In Ben Graham's calculation of liquidation value, Preferred Apartment Communities's accounts receivable are only considered to be worth 75% of book value:

Preferred Apartment Communities's liquidation value for the quarter that ended in Mar. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	117.221	-	2585.652	+	0.75 * 82.023	+	0.5 * 0
=	-2,406.9

Preferred Apartment Communities Change In Receivables Related Terms

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Preferred Apartment Communities (Preferred Apartment Communities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Preferred Apartment Communities Inc (NYSE:APTS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3284 Northside Parkway NW, Suite 150, Atlanta, GA, USA, 30327

Website

https://www.pacapts.com

Preferred Apartment Communities Inc is a real estate investment trust that acquires and operates multifamily properties in select targeted markets throughout the United States. It operates through the following segments: The Multifamily Communities segment being the highest revenue generating segment; Financing segment refers to the portfolio of real estate loans, bridge loans, other instruments, and other real estate related assets; New Market Properties segment covers a portfolio of grocery-anchored shopping centers, as well as the financial results from the retail real estate loans; and Preferred Office properties segment relates to the office buildings.

Executives

Sara Finley	director	ONE CVS DRIVE, WOONSOCKET RI 02895
Jeffrey David Sherman	officer: PRESIDENT - MULTIFAMILY	3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Michael Aide	officer: PRESIDENT - RETAIL	3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
John A Isakson	officer: CHIEF FINANCIAL OFFICER	3284 NORTHSIDE PARKWAY, NW, SUITE 150, ATLANTA GA 30327
Jeffrey R Sprain	officer: EVP, GENERAL COUNSEL AND SEC.	3284 NORTHSIDE PARKWAY, NW, SUITE 150 ATLANTA GA 30327
Daphne Bryson Jackson	director	3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
John M Cannon	director	3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Daniel M Dupree	director	2500 WINDY RIDGE PARKWAY SUITE 1600, ATLANTA GA 30339
Parker Boone Dupree	officer: President - Office	3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Joel T Murphy	director, officer: See Remarks	2500 WINDY RIDGE PARKWAY, SUITE 1600, ATLANTA GA 30339
Michael Joseph Cronin	officer: See Remarks	3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339
Steve Bartkowski	director	3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339
Gary B Coursey	director
Gresham William J Jr	director	1010 RICHMOND HILL DRIVE MARIETTA GA 30068
Timothy Alan Peterson	director	3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339