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Empire State Realty OP LP (Empire State Realty OP LP) Change In Receivables : $-15.6 Mil (TTM As of Dec. 2023)


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What is Empire State Realty OP LP Change In Receivables?

Empire State Realty OP LP's change in receivables for the quarter that ended in Dec. 2023 was $-2.2 Mil. It means Empire State Realty OP LP's Accounts Receivable increased by $2.2 Mil from Sep. 2023 to Dec. 2023 .

Empire State Realty OP LP's change in receivables for the fiscal year that ended in Dec. 2023 was $-15.6 Mil. It means Empire State Realty OP LP's Accounts Receivable increased by $15.6 Mil from Dec. 2022 to Dec. 2023 .

Empire State Realty OP LP's Accounts Receivable for the quarter that ended in Dec. 2023 was $295.5 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. Empire State Realty OP LP's Days Sales Outstanding for the three months ended in Dec. 2023 was 139.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Empire State Realty OP LP's liquidation value for the three months ended in Dec. 2023 was $-1,920.1 Mil.


Empire State Realty OP LP Change In Receivables Historical Data

The historical data trend for Empire State Realty OP LP'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.

Empire State Realty OP LP Change In Receivables Chart

Empire State Realty OP LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 3.88 2.89 -5.31 -15.64

Empire State Realty OP LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 -8.97 -4.75 -2.18 -

Empire State Realty OP LP 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 $-15.6 Mil.

* 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.


Empire State Realty OP LP  (ARCA:OGCP) 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.

Empire State Realty OP LP's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=295.464/192.882*91
=139.78

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

Empire State Realty OP LP'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)
=346.62-2488.288+0.75 * 295.464+0.5 * 0
=-1,920.1

* 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.


Empire State Realty OP LP Change In Receivables Related Terms

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Empire State Realty OP LP (Empire State Realty OP LP) Business Description

Traded in Other Exchanges
Address
111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty OP LP is the operating partner of Empire State Realty Inc. The company along with its partner manages, operates, acquires and repositions properties in Manhattan and the greater New York metropolitan area. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.