GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Milestone Apartments REIT (OTCPK:MSTUF) » Definitions » Accounts Receivable

Milestone Apartments REIT (Milestone Apartments REIT) Accounts Receivable : $0.0 Mil (As of Dec. 2016)


View and export this data going back to 2013. Start your Free Trial

What is Milestone Apartments REIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Milestone Apartments REIT's accounts receivables for the quarter that ended in Dec. 2016 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Milestone Apartments REIT's Days Sales Outstanding for the quarter that ended in Dec. 2016 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. Milestone Apartments REIT's Net-Net Working Capital per share for the quarter that ended in Dec. 2016 was $-19.43.


Milestone Apartments REIT Accounts Receivable Historical Data

The historical data trend for Milestone Apartments REIT'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.

* Premium members only.

Milestone Apartments REIT Accounts Receivable Chart

Milestone Apartments REIT Annual Data
Trend Dec13 Dec14 Dec15 Dec16
Accounts Receivable
- - - -

Milestone Apartments REIT Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 - - - - -

Milestone Apartments REIT Accounts Receivable Calculation

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


Milestone Apartments REIT 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.

Milestone Apartments REIT's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/75.406*91
=0.00

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

Milestone Apartments REIT's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2016 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)
=(19.379+0.75 * 0+0.5 * 0-1582.683
-0-0)/80.4781
=-19.43

* 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.


Milestone Apartments REIT Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Milestone Apartments REIT's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Milestone Apartments REIT (Milestone Apartments REIT) Business Description

Traded in Other Exchanges
N/A
Address
Milestone Apartments REIT is an unincorporated, open-ended real estate investment trust. The Company's portfolio consists of multifamily garden-style residential properties, located in metropolitan markets in Southeast and Southwest United States.

Milestone Apartments REIT (Milestone Apartments REIT) Headlines

No Headlines