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AHH (Armada Hoffler Properties) Accounts Receivable : $157.6 Mil (As of Sep. 2024)


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What is Armada Hoffler Properties Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Armada Hoffler Properties's accounts receivables for the quarter that ended in Sep. 2024 was $157.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Armada Hoffler Properties's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 76.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Armada Hoffler Properties's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-23.92.


Armada Hoffler Properties Accounts Receivable Historical Data

The historical data trend for Armada Hoffler Properties's Accounts Receivable 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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Armada Hoffler Properties Accounts Receivable Chart

Armada Hoffler Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.83 66.99 47.44 110.01 171.97

Armada Hoffler Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable 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 131.10 171.97 164.19 150.18 157.60

Armada Hoffler Properties Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Armada Hoffler Properties Accounts Receivable 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 receivables are being managed.

Armada Hoffler Properties's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=157.598/187.652*91
=76.64

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Armada Hoffler Properties's accounts receivable are only considered to be worth 75% of book value:

Armada Hoffler Properties's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(43.852+0.75 * 157.598+0.5 * 0-1679.647
-171.085-217.64)/79.6962
=-23.92

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Armada Hoffler Properties Accounts Receivable Related Terms

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Armada Hoffler Properties Business Description

Traded in Other Exchanges
Address
222 Central Park Avenue, Suite 2100, Virginia Beach, VA, USA, 23462
Armada Hoffler Properties Inc is a real estate company. It engages in developing, building, owning and managing the high-quality, institutional-grade office, retail, and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. They lease our properties under operating leases and recognize base rents. It also recognize revenue from tenant recoveries, through which tenants reimburses the company for expenses paid by them such as utilities, janitorial, repairs and maintenance. The company's operating segment includes office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. It generates maximum revenue from the general contracting and real estate services segment.
Executives
Eric E. Apperson officer: Vice President 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
A Russell Kirk director 3720 VIRGINIA BEACH BLVD, VIRGINIA BEACH VA 23452
Dennis H. Gartman director C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
James C. Cherry director C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
James A Carroll director 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Daniel A Hoffler director 4171 ESSEN LANE, BATON ROUGE LA 70809
George F Allen director 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Louis S Haddad director, officer: President, CEO 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Matthew Barnes-smith officer: CFO, Treasurer and Secretary C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Michael P O'hara officer: Treasurer, CFO 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
John W. Snow director C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Shawn J Tibbetts officer: Chief Operating Officer C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462
Dorothy Mcauliffe director C/O ARMADA HOFFLER PROPERTIES, INC., 222 CENTRAL PARK AVENUE SUITE 2100, VIRGINIA BEACH VA 23462
Eva S Hardy director ARMADA HOFFLER PROPERTIES, 222 CENTRAL PARK AVE, STE 2100, VIRGINIA BEACH VA 23462
Anthony P. Nero officer: Vice President 222 CENTRAL PARK AVENUE, SUITE 2100, VIRGINIA BEACH VA 23462