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Pillarstone Capital REIT (Pillarstone Capital REIT) Accounts Receivable : $1.27 Mil (As of Jun. 2022)


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What is Pillarstone Capital REIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pillarstone Capital REIT's accounts receivables for the quarter that ended in Jun. 2022 was $1.27 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pillarstone Capital REIT's Days Sales Outstanding for the quarter that ended in Jun. 2022 was 50.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pillarstone Capital REIT's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was $-73.70.


Pillarstone Capital REIT Accounts Receivable Historical Data

The historical data trend for Pillarstone Capital 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.

Pillarstone Capital REIT Accounts Receivable Chart

Pillarstone Capital REIT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 1.36 1.42 1.27 1.26

Pillarstone Capital REIT Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 1.16 1.13 1.26 1.41 1.27

Pillarstone Capital REIT Accounts Receivable Calculation

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


Pillarstone Capital 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.

Pillarstone Capital REIT's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.268/2.278*91
=50.79

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

Pillarstone Capital REIT's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 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)
=(4.796+0.75 * 1.268+0.5 * 0-18.785
-0.005-35.387)/0.65708
=-73.70

* 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.


Pillarstone Capital REIT Accounts Receivable Related Terms

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Pillarstone Capital REIT (Pillarstone Capital REIT) Business Description

Traded in Other Exchanges
N/A
Address
2600 South Gessner, Suite 555, Houston, TX, USA, 77063
Pillarstone Capital REIT is a real estate investment trust. It is engaged in the business activity of investing, owning, and operating non-retail, commercial, and residential real estate properties. The company's property portfolio includes Corporate Park Northwest, Corporate Park West, Corporate Park Woodland, Holly Hall, Holly Knight, and Uptown Tower among others located in Houston and Dallas, Texas.
Executives
Paul T Lambert director, 10 percent owner
Dennis Chookaszian director 20 S. WACKER DR., CHICAGO IL 60626
Kathy M Jassem director C/O PILLARSTONE CAPITAL REIT, 2600 S. GESSNER RD., SUITE 555, HOUSTON TX 77063
Mark Schurgin 10 percent owner 9841 AIRPORT BOULEVARD, SUITE 700, LOS ANGELES CA 90045
Jack R Kuhn officer: Senior Vice President 1240 HURON ROAD, SUITE 301, CLEVELAND OH 44115
Paragon Real Estate Development Llc 10 percent owner
Daniel G Devos director 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
Michael T Oliver director 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
Steven B Hoyt 10 percent owner 2865 LITTLE ORCHARD WAY, ORONO MN 55391
James C Mastandrea director, 10 percent owner, officer: Chairman, CEO and President 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
John J Dee officer: Senior Vice President
Daryl J Carter director CAPRI CAPITAL LP, 18301 VON KARMAN AVE STE 750, IRVIN CA 92612
Steven M Edelman officer: Chief Investment Officer
Duane H Lund director, officer: Vice President

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