IIPR (Innovative Industrial Properties) Accounts Receivable: $0.0 Mil (As of Mar. 2026)

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IIPR Innovative Industrial Properties Inc IIPR
78 GF Score
Price $61.21
GF Value $64.94
Valuation Fairly Valued
! 12 Warning Signs
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What is Innovative Industrial Properties Accounts Receivable?

Innovative Industrial Properties IIPR +1.06% 78 Accounts Receivable is $0.0 Mil as of Mar. 2026. GuruFocus rates IIPR with a GF Score™ of 78/100 and a GF Value™ of $64.94 (Fairly Valued). The stock has 12 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Innovative Industrial Properties's accounts receivables for the quarter that ended in Mar. 2026 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Innovative Industrial Properties's Days Sales Outstanding for the quarter that ended in Mar. 2026 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. Innovative Industrial Properties's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-18.31.


Innovative Industrial 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.

Innovative Industrial Properties's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/68.996*91
=0.00

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

Innovative Industrial Properties's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(89.117+0.75 * 0+0.5 * 0-499.44
-108.081-0)/28.315
=-18.31

* 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.


Innovative Industrial Properties Accounts Receivable Related Terms


Innovative Industrial Properties Accounts Receivable Historical Data

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The historical data trend for Innovative Industrial 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.

Innovative Industrial Properties Accounts Receivable Chart

Innovative Industrial Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
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Innovative Industrial Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00
IIPR
78GF Score
Innovative Industrial Properties Inc IIPR
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Industrial Properties Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.0 Mil mean?
Innovative Industrial Properties (IIPR) has a Accounts Receivable of $0.0 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Innovative Industrial Properties and its competitors.
Is Innovative Industrial Properties' Accounts Receivable too high?
Innovative Industrial Properties' current Accounts Receivable is $0.0 Mil. Overall, Innovative Industrial Properties has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovative Industrial Properties' Accounts Receivable compare to SMA and ILPT?
Innovative Industrial Properties' Accounts Receivable of $0.0 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a REITs company?
A good Accounts Receivable depends on the REITs industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Innovative Industrial Properties and its competitors. Innovative Industrial Properties's current Accounts Receivable is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Industrial Properties stock overvalued right now?
Based on GuruFocus' analysis, Innovative Industrial Properties (IIPR) is currently considered Fairly Valued. The stock's GF Value™ is $64.94, compared to a current price of $61.21 — trading 5.7% below its estimated fair value. The current Accounts Receivable is $0.0 Mil. Innovative Industrial Properties' overall GF Score™ is 78/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Innovative Industrial Properties (IIPR), the current Accounts Receivable is $0.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Innovative Industrial Properties (IIPR) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Industrial Properties stock appears to be undervalued. The current stock price of $61.21 is trading 5.7% below its estimated GF Value™ of $64.94. GuruFocus considers Innovative Industrial Properties to be Fairly Valued.

Key valuation signals for IIPR:

  • Accounts Receivable: $0.0 Mil
  • GF Value™: $64.94 vs. price of $61.21 (5.7% below fair value)
  • GF Score™: 78/100 with 12 warning signs

No single metric tells the full story. See the IIPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innovative Industrial Properties Business Description

Industry Real EstateREITs
Address 1389 Center Drive, Suite 200, Park City, UT, USA, 84098
Innovative Industrial Properties Inc is a real estate investment trust focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are prominently leased to state-licensed operators for their regulated cannabis facilities. The company conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by its Operating Partnership, directly or through subsidiaries. Its segments are: Cannabis Portfolio and Life Science Portfolio, with the majority of revenue coming from the Cannabis Portfolio segment, which involves acquiring, developing, and leasing real estate to regulated cannabis operators on long-term triple-net leases.
78GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$61.21
Price
$64.94
GF Value