What is Thomas Properties Group, Accounts Receivable?
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Thomas Properties Group,'s accounts receivables for the quarter that ended in Sep. 2013 was €0.00 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Thomas Properties Group,'s Days Sales Outstanding for the quarter that ended in Sep. 2013 was 0.00.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Thomas Properties Group,'s Net-Net Working Capital per share for the quarter that ended in Sep. 2013 was €-10.41.
Thomas Properties Group, Accounts Receivable Historical Data
* 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.
Thomas Properties Group, Accounts Receivable Chart
Thomas Properties Group, Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Thomas Properties Group, 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.
Thomas Properties Group,'s Days Sales Outstanding for the quarter that ended in Sep. 2013 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Thomas Properties Group,'s accounts receivable are only considered to be worth 75% of book value:
Thomas Properties Group,'s Net-Net Working Capital Per Share for the quarter that ended in Sep. 2013 is calculated as:
* 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.
Thomas Properties Group, Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Thomas Properties Group,'s Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas Properties Group, (FRA:LQH) Business Description
Thomas Properties Group, Inc., is a Delaware corporation incorporated on March 9, 2004. The Company is a full-service real estate operating company that owns, acquires, develops and manages mainly office, as well as mixed-use and residential properties on a nationwide basis. Its main areas of focus are the acquisition and ownership of interests in premier properties, property development and redevelopment, and investment and property management activities. It conducts its business through its Operating Partnership and it has control over the major decisions of the Operating Partnership. The properties it owns interests in or manages on behalf of third parties are located in Southern California and Sacramento, California; Philadelphia, Pennsylvania; Northern Virginia; Houston, Texas; and Austin, Texas. The Company owns interests in and asset manage 17 operating properties with 10.3 million rentable square feet and provide leasing, asset and/or property management services on behalf of third parties for an additional five operating properties with 2.6 million rentable square feet. It also has a direct and indirect ownership interests in developable land with various allowable uses, including office development, totaling approximately 3.4 million square feet. Additionally, the Company developed Murano, a 302- unit high-rise residential condominium project in downtown Philadelphia. The Company has offices in Los Angeles and Sacramento, California; Austin and Houston, Texas; Northern Virginia and Philadelphia, Pennsylvania. It focuses on increasing net revenues from the properties. It leverages its property acquisition and development expertise through partnerships and joint ventures. These entities provides the company with additional capital for investment, shared risk exposure, and earned fees for asset management, property management, leasing and other services. The Company faces competition from diversified real estate companies and companies focused solely on offering property investment management and brokerage services. The Company is subject to Section 203 of the Delaware General Corporation Law.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:LQH has been successfully added to your 