City Office REIT (City Office REIT) Change In Receivables

: $-0.9 Mil (TTM As of Dec. 2023)

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City Office REIT's change in receivables for the quarter that ended in Dec. 2023 was $-1.1 Mil. It means City Office REIT's Accounts Receivable increased by $1.1 Mil from Sep. 2023 to Dec. 2023 .

City Office REIT's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.9 Mil. It means City Office REIT's Accounts Receivable increased by $0.9 Mil from Dec. 2022 to Dec. 2023 .

City Office REIT's Accounts Receivable for the quarter that ended in Dec. 2023 was $5.1 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. City Office REIT's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. City Office REIT's liquidation value for the three months ended in Dec. 2023 was $-704.8 Mil.

City Office REIT Change In Receivables Historical Data

The historical data trend for City Office REIT'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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City Office REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-1.06

-0.18

-0.65

-6.03

-0.90

City Office REIT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																-2.14	0.54	-0.01	-0.36	-1.07

City Office REIT 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.9 Mil.

City Office REIT (NYSE:CIO) 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.

City Office REIT's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.132	/	44.321	*	91
=	10.57

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

City Office REIT's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	30.082	-	738.743	+	0.75 * 5.132	+	0.5 * 0
=	-704.8

City Office REIT Change In Receivables Related Terms

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City Office REIT (City Office REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » City Office REIT Inc (NYSE:CIO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CIOpA.PFD:USA

Address

666 Burrard Street, Suite 3210, Vancouver, BC, CAN, V6C 2X8

Website

https://www.cioreit.com

City Office REIT Inc is a real estate investment trust. It is focused on acquiring, owning, and operating high-quality office properties located predominantly in Sun Belt markets. The company owns office buildings in the metropolitan areas of Dallas, Denver, Orlando, Phoenix, Portland, Raleigh, San Diego, Seattle, and Tampa.

Executives

Michael Mazan	director	3210-666 BURRARD STREET, VANCOUVER A1 V6C2X8
William R Flatt	director	188 E. CAPITOL STREET, SUITE 1000, JACKSON MS 39201
Anthony Maretic	officer: Chief Financial Officer	1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
James Thomas Farrar	director, officer: Chief Executive Officer	1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
Stephen B Shraiberg	director	1331 SEVENTEENTH STREET, STE. 300, DENVER CO 80202
Gregory Tylee	officer: See Remarks	1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
John Sweet	director	SUITE 2990, 500 NORTH AKARD STREET, DALLAS TX 75201
Sabah Mirza	director	27 FASKEN DRIVE, TORONTO A6 M9W1K6
Mark Wilhelm Murski	director	1312 CLEAVER DRIVE, OAKVILLE A6 L6J IW4
John R. Mclernon	director	200 GRANVILLE STREET, 19TH FLOOR, VANCOUVER A1 V6C 2R6
Jeffrey David Kohn	director	1029 17 AVE SW, SUITE 200, CALGARY A0 T2T 0A9
Samuel Belzberg	10 percent owner