Drive Shack (Drive Shack) Change In Receivables : $7.57 Mil (TTM As of Sep. 2023)

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What is Drive Shack Change In Receivables?

Drive Shack's change in receivables for the quarter that ended in Sep. 2023 was $-3.29 Mil. It means Drive Shack's Accounts Receivable increased by $3.29 Mil from Jun. 2023 to Sep. 2023 .

Drive Shack's change in receivables for the fiscal year that ended in Dec. 2022 was $9.58 Mil. It means Drive Shack's Accounts Receivable declined by $9.58 Mil from Dec. 2021 to Dec. 2022 .

Drive Shack's Accounts Receivable for the quarter that ended in Sep. 2023 was $6.73 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. Drive Shack's Days Sales Outstanding for the three months ended in Sep. 2023 was 6.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Drive Shack's liquidation value for the three months ended in Sep. 2023 was $-464.88 Mil.

Drive Shack Change In Receivables Historical Data

The historical data trend for Drive Shack'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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Drive Shack Change In Receivables Chart

Drive Shack Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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3.08

2.73

1.42

-12.07

9.58

Drive Shack Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-3.13	13.93	-0.73	-2.33	-3.29

Drive Shack 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.57 Mil.

Drive Shack (OTCPK:DSHKN.PFD) 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.

Drive Shack's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.725	/	100.336	*	91
=	6.12

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

Drive Shack's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	13.81	-	485.47	+	0.75 * 6.725	+	0.5 * 3.463
=	-464.88

Drive Shack Change In Receivables Related Terms

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Drive Shack (Drive Shack) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Drive Shack Inc (OTCPK:DSHKN.PFD) » Definitions » Change In Receivables

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Address

10670 N. Central Expressway, Suite 700, Dallas, TX, USA, 75231

Website

https://www.driveshack.com

Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues, and corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm's revenue gets derived from the Traditional Golf Properties segment.