GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Corporate Office Properties Trust (NYSE:OFCPRLCL.PFD) » Definitions » Accounts Receivable

Corporate Office Properties Trust (Corporate Office Properties Trust) Accounts Receivable : $198.18 Mil (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Corporate Office Properties Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Corporate Office Properties Trust's accounts receivables for the quarter that ended in Dec. 2023 was $198.18 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Corporate Office Properties Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 100.62.

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


Corporate Office Properties Trust Accounts Receivable Historical Data

The historical data trend for Corporate Office Properties 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.

* Premium members only.

Corporate Office Properties Trust Accounts Receivable Chart

Corporate Office Properties Trust 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 123.18 133.49 149.68 168.48 198.18

Corporate Office Properties Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 168.48 176.30 183.75 182.25 198.18

Corporate Office Properties Trust Accounts Receivable Calculation

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


Corporate Office Properties 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.

Corporate Office Properties Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=198.183/179.729*91
=100.62

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

Corporate Office Properties Trust's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(167.82+0.75 * 198.183+0.5 * 0-2699.631
-0-63.423)/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.


Corporate Office Properties Trust Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Corporate Office Properties Trust's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Corporate Office Properties Trust (Corporate Office Properties Trust) Business Description

Traded in Other Exchanges
Address
6711 Columbia Gateway Drive, Suite 300, Columbia, MD, USA, 21046
COPT Defense Properties is a real estate investment trust that acquires, manages, and leases office and data center properties throughout the U.S. The majority of the company's real estate portfolio is composed of office buildings in the Baltimore-Washington Corridor and Northern Virginia area. COPT derives nearly all of its income in the form of rental revenue from tenants. Most of the company's revenue comes from the leasing of properties to U.S. Government agencies and its contractors in the national security, defense, and IT sectors, such as Northrop Grumman and Boeing. Regional offices in urban submarkets make also make up a sizable percentage of COPT's total square footage.

Corporate Office Properties Trust (Corporate Office Properties Trust) Headlines