GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Rexford Industrial Realty Inc (NYSE:REXRpB.PFD) » Definitions » Accounts Receivable

Rexford Industrial Realty (Rexford Industrial Realty) Accounts Receivable : $148.59 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Rexford Industrial Realty Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rexford Industrial Realty's accounts receivables for the quarter that ended in Mar. 2024 was $148.59 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rexford Industrial Realty's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 63.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rexford Industrial Realty's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $N/A.


Rexford Industrial Realty Accounts Receivable Historical Data

The historical data trend for Rexford Industrial Realty'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.

Rexford Industrial Realty Accounts Receivable Chart

Rexford Industrial Realty 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 35.56 51.10 72.54 103.37 140.82

Rexford Industrial Realty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 108.83 117.32 133.90 140.82 148.59

Rexford Industrial Realty Accounts Receivable Calculation

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


Rexford Industrial Realty 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.

Rexford Industrial Realty's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=148.59/214.096*91
=63.33

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

Rexford Industrial Realty's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(336.96+0.75 * 148.59+0.5 * 0-3965.844
-155.676-381.096)/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.


Rexford Industrial Realty Accounts Receivable Related Terms

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


Rexford Industrial Realty (Rexford Industrial Realty) Business Description

Traded in Other Exchanges
Address
11620 Wilshire Boulevard, Suite 1000, Los Angeles, CA, USA, 90025
Rexford Industrial Realty Inc is a real estate investment trust primarily engaged in the acquisition, ownership, and operation of industrial properties in Southern California. The company mainly focuses on leasing facilities in infill markets or relatively wealthy urban areas with a general scarcity of developable land. The vast majority of Rexford's real estate portfolio, in terms of square footage, revenue generation, and total value, comprises light manufacturing and distribution warehouse buildings located in Los Angeles and San Diego. The company's largest tenants are firms in the wholesale and retail, light manufacturing, industrial equipment, and food and beverage industries.