CubeSmart (CubeSmart) Change In Receivables

: $0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

CubeSmart's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means CubeSmart's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

CubeSmart's change in receivables for the fiscal year that ended in Dec. 2023 was $0 Mil. It means CubeSmart's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

CubeSmart's Accounts Receivable for the quarter that ended in Dec. 2023 was $9 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. CubeSmart's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CubeSmart's liquidation value for the three months ended in Dec. 2023 was $-3,331 Mil.

CubeSmart Change In Receivables Historical Data

The historical data trend for CubeSmart'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.

* Premium members only.

CubeSmart Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

CubeSmart 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																-	-	-	-	-

CubeSmart 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 Mil.

CubeSmart (NYSE:CUBE) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.944	/	265.125	*	91
=	3.08

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

CubeSmart'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)
=	6.526	-	3344.212	+	0.75 * 8.944	+	0.5 * 0
=	-3,331

CubeSmart Change In Receivables Related Terms

Thank you for viewing the detailed overview of CubeSmart's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

CubeSmart (CubeSmart) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CubeSmart (NYSE:CUBE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

UK8:Germany UK8:Germany

Address

5 Old Lancaster Road, Malvern, PA, USA, 19355

Website

https://www.cubesmart.com

CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.

Executives

Christopher P Marr	officer: Chief Financial Officer	460 E. SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Jeffrey P Foster	officer: Sr. VP - Chief Legal Officer	460 EAST SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Timothy M Martin	officer: SVP & Chief Accounting Officer	460 E. SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Matthew D Denarie	officer: Chief Accounting Officer	5 OLD LANCASTER ROAD, MALVERN PA 19355
Jennifer Schulte	officer: Chief Human Resources Officer	5 OLD LANCASTER ROAD, MALVERN PA 19355
Jit Kee Chin	director	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jair K Lynch	director	5 OLD LANCASTER RD, MALVERN PA 19355
Joel D Keaton	officer: Sr VP of Operations	5 OLD LANCASTER ROAD, MALVERN PA 19355
Marianne M Keler	director	12061 BLUEMONT WAY, RESTON VA 20190
Jonathan L Perry	officer: SVP and CIO	5 OLD LANCASTER ROAD, MALVERN PA 19355
Dororthy Dowling	director	5 OLD LANCASTER ROAD, MALVERN PA 19355
Diefenderfer William M Iii	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
Dean Jernigan	director, officer: CEO and President	C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Deborah Ratnersalzberg	director	301 WATER ST SE SUITE 201, WASHINGTON DC 20003
John W Fain	director	1000 SEMMES AVE, RICHMOND VA 23224