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HTPD.PFD (Hersha Hospitality Trust) Accounts Receivable : $6.11 Mil (As of Sep. 2023)


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What is Hersha Hospitality Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hersha Hospitality Trust's accounts receivables for the quarter that ended in Sep. 2023 was $6.11 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hersha Hospitality Trust's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 6.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hersha Hospitality Trust's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $N/A.


Hersha Hospitality Trust Accounts Receivable Historical Data

The historical data trend for Hersha Hospitality Trust'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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Hersha Hospitality Trust Accounts Receivable Chart

Hersha Hospitality Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.24 9.21 5.69 8.49 8.92

Hersha Hospitality Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.77 8.92 4.81 6.20 6.11

Hersha Hospitality Trust Accounts Receivable Calculation

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


Hersha Hospitality Trust 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.

Hersha Hospitality Trust's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.111/91.984*91
=6.06

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

Hersha Hospitality Trust's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(146.145+0.75 * 6.111+0.5 * 0-651.098
-0.147-79)/0
=N/A

* 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.


Hersha Hospitality Trust Accounts Receivable Related Terms

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Hersha Hospitality Trust Business Description

Traded in Other Exchanges
N/A
Address
44 Hersha Drive, Harrisburg, PA, USA, 17102
Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality upscale hotels in urban gateway markets. Its hotels are located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles, and San Diego. The company's revenue streams include Hotel revenue and Other revenue.