Farmland Partners (Farmland Partners) Change In Receivables : $0.80 Mil (TTM As of Dec. 2023)

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What is Farmland Partners Change In Receivables?

Farmland Partners's change in receivables for the quarter that ended in Dec. 2023 was $-0.57 Mil. It means Farmland Partners's Accounts Receivable increased by $0.57 Mil from Sep. 2023 to Dec. 2023 .

Farmland Partners's change in receivables for the fiscal year that ended in Dec. 2023 was $0.80 Mil. It means Farmland Partners's Accounts Receivable declined by $0.80 Mil from Dec. 2022 to Dec. 2023 .

Farmland Partners's Accounts Receivable for the quarter that ended in Dec. 2023 was $7.74 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. Farmland Partners's Days Sales Outstanding for the three months ended in Dec. 2023 was 32.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Farmland Partners's liquidation value for the three months ended in Dec. 2023 was $-378.73 Mil.

Farmland Partners Change In Receivables Historical Data

The historical data trend for Farmland Partners'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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Farmland Partners Change In Receivables Chart

Farmland Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.45

1.26

-1.07

-2.45

0.80

Farmland Partners 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	Get a 7-Day Free Trial															-0.50	3.21	2.33	-4.16	-0.57

Farmland Partners 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 $0.80 Mil.

Farmland Partners (NYSE:FPI) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.743	/	21.592	*	91
=	32.72

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

Farmland Partners'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)
=	5.489	-	391.192	+	0.75 * 7.743	+	0.5 * 2.335
=	-378.73

Farmland Partners Change In Receivables Related Terms

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Farmland Partners (Farmland Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Farmland Partners Inc (NYSE:FPI) » Definitions » Change In Receivables

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Traded in Other Exchanges

0FA:Germany

Address

4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237

Website

http://www.farmlandpartners.com

Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company and owns and contracts of farmland and storage facilities located across the United States. Its properties are farmed by over 100 tenants growing more than 26 commercial crops. Farmland Partners generates its revenues through the rent it receives from its tenants.

Executives

Paul A Pittman	director, officer: President and CEO	4910 BIRCH ST., SUITE 102, NEWPORT BEACH CA 92660
Jennifer S Grafton	director	9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Murray R Wise	director	2407 S NEIL PO BOX 3009, CHAMPAIGN IL 61826
Luca Fabbri	officer: CFO, Secretary and Treasurer	C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Christine M. Garrison	officer: General Counsel and Secretary	C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
John A Good	director	C/O JERNIGAN CAPITAL, INC., 1395 BRICKELL AVENUE, MIAMI FL 33131
Danny D. Moore	director	C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
James Gilligan	officer: Chief Financial Officer	C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
Thomas Heneghan	director	C/O MANUFACTURED HOME COMMUNITIES INC, 2 N RIVER PLAZA #800, CHICAGO IL 60606
Toby Orourke	director	FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
Erica Borenstein	officer: General Counsel and Secretary	C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Chris A Downey	director	C/O FARMLAND PARTNERS INC., : 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Jay Bartels	director	C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Joseph W Glauber	director	FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Dennie Dixon Boardman	director	C/O OPTIMA FUND MANAGEMENT LLC, 10 EAST 53RD STREET, NEW YORK NY 10022