TPG RE Finance Trust (TPG RE Finance Trust) Change In Receivables : $5.7 Mil (TTM As of Mar. 2024)

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What is TPG RE Finance Trust Change In Receivables?

TPG RE Finance Trust's change in receivables for the quarter that ended in Mar. 2024 was $1.2 Mil. It means TPG RE Finance Trust's Accounts Receivable declined by $1.2 Mil from Dec. 2023 to Mar. 2024 .

TPG RE Finance Trust's change in receivables for the fiscal year that ended in Dec. 2023 was $11.4 Mil. It means TPG RE Finance Trust's Accounts Receivable declined by $11.4 Mil from Dec. 2022 to Dec. 2023 .

TPG RE Finance Trust's Accounts Receivable for the quarter that ended in Mar. 2024 was $37.0 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. TPG RE Finance Trust's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TPG RE Finance Trust's liquidation value for the three months ended in Mar. 2024 was $-2,477.6 Mil.

TPG RE Finance Trust Change In Receivables Historical Data

The historical data trend for TPG RE Finance Trust'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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TPG RE Finance Trust Change In Receivables Chart

TPG RE Finance Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-8.86

2.65

1.79

-17.05

11.40

TPG RE Finance Trust 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															6.92	1.80	-0.49	3.17	1.19

TPG RE Finance Trust 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.7 Mil.

TPG RE Finance Trust (NYSE:TRTX) 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.

TPG RE Finance Trust's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	36.951	/	38.456	*	91
=	87.68

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

TPG RE Finance Trust's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	203.077	-	2708.434	+	0.75 * 36.951	+	0.5 * 0
=	-2,477.6

TPG RE Finance Trust Change In Receivables Related Terms

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TPG RE Finance Trust (TPG RE Finance Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » TPG RE Finance Trust Inc (NYSE:TRTX) » Definitions » Change In Receivables

Comparable Companies

ACRE DX ORC IVR REFI NREF ARR GPMT AOMR NYMT NLY STWD AGNC RITM BXMT ABR RC CMTG ARI LADR

Traded in Other Exchanges

N/A

Address

888 Seventh Avenue, 35th Floor, New York, NY, USA, 10106

Website

https://www.tpgrefinance.com

TPG RE Finance Trust Inc is a commercial real estate finance company. It originates, acquires and manages commercial mortgage loans and other commercial real estate-related debt instruments consisting of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States. The company's objective is to provide attractive risk-adjusted returns to its stockholders over time through cash distributions and capital appreciation. It focuses on directly originating and selectively acquiring floating rate first mortgage loans that are secured by high quality commercial real estate properties undergoing some form of transition and value creation.

Executives

Robert Foley	officer: CFO & Chief Risk Officer	888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106
Deborah J. Ginsberg	officer: Vice President & Secretary	888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106
Julie Hong Clayton	director	C/O TPG PACE TECH OPPORTUNITIES CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Doug Bouquard	director, officer: Chief Executive Officer	888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106
Brandon C Fox	officer: Chief Accounting Officer	888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106
China Investment Corp	10 percent owner	NEW POLY PLAZA, NO. 1 CHAOYANGMEN BEIDAJIE, DONGCHENG, BEIJING F4 100010
Jon Winkelried	10 percent owner	C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tpg Gp A, Llc	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Group Holdings (sbs) Advisors, Inc.	10 percent owner	C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Todd Schuster	director	C/O TPG RE FINANCE TRUST, INC., 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106
Starwood Xi Management Gp, L.l.c.	10 percent owner	1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Pe Holder, L.l.cc	10 percent owner	591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Bss Scg Gp Holdings, Llc	10 percent owner	1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Starwood Capital Group Holdings Gp, L.l.c.	10 percent owner	1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Scgg Ii Gp, L.l.c.	10 percent owner	1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139