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NNN (NNN REIT) Accounts Receivable : $2.2 Mil (As of Sep. 2024)


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What is NNN REIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NNN REIT's accounts receivables for the quarter that ended in Sep. 2024 was $2.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. NNN REIT's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 0.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NNN REIT's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-23.35.


NNN REIT Accounts Receivable Historical Data

The historical data trend for NNN 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.

NNN REIT Accounts Receivable Chart

NNN REIT 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 2.87 4.34 3.15 3.61 3.65

NNN REIT 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 2.14 3.65 3.57 2.55 2.22

NNN REIT Accounts Receivable Calculation

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


NNN 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.

NNN REIT's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.224/218.564*91
=0.93

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

NNN REIT'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)
=(173.526+0.75 * 2.224+0.5 * 0-4554.717
-0-0)/187.526
=-23.35

* 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.


NNN REIT Accounts Receivable Related Terms

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NNN REIT Business Description

Traded in Other Exchanges
Address
450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801
NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.
Executives
Jonathan Adamo officer: EVP, Portfolio Operations 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Horn Stephen A Jr officer: EVP & Chief Acquisitions Offic 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Kevin B Habicht director, officer: EVP & CFO CNL REALTY INC, 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Michelle Lynn Miller officer: EVP & Chief Accounting Officer 450 S ORANGE AVE, STE 900, ORLANDO FL 32801-3339
Christopher Paul Tessitore officer: Executive Officer 450 SOUTH ORANGE AVENUE, SUITE 900, ORLANDO FL 32801
Elizabeth Gulacsy director C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Kamau Omari Witherspoon director 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Julian E Whitehurst officer: EVP & General Counsel
Steven D Cosler director PRIORITY HEALTHCARE CORPORATION, 250 TECHNOLOGY PARK, LAKE MARY FL 32746-6232
David M Fick director 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Paul Eugene Bayer officer: Executive Officer 450 SOUTH ORANGE AVENUE, SUITE 900, ORLANDO FL 32801
Betsy D Holden director DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Craig Macnab officer: Chief Executive Officer C/O JDN PEALTY CORP, 359 EAST PACES FERRY RD, ATLANTA GA 30305
Beall Pamela K.m. director C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Ted B Lanier director CNL REALTY INC, 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801