GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Trinity Place Holdings Inc (OTCPK:TPHS) » Definitions » Accounts Receivable

TPHS (Trinity Place Holdings) Accounts Receivable : $0.13 Mil (As of Sep. 2024)


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

What is Trinity Place Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Trinity Place Holdings's accounts receivables for the quarter that ended in Sep. 2024 was $0.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Trinity Place Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.01.


Trinity Place Holdings Accounts Receivable Historical Data

The historical data trend for Trinity Place Holdings'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.

Trinity Place Holdings Accounts Receivable Chart

Trinity Place Holdings Annual Data
Trend Feb11 Feb15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 1.06 0.20 0.43 0.66

Trinity Place Holdings 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 0.38 0.66 0.12 0.13 0.13

Trinity Place Holdings Accounts Receivable Calculation

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


Trinity Place Holdings 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.

Trinity Place Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.134/0*91
=

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

Trinity Place Holdings'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)
=(0.505+0.75 * 0.134+0.5 * 0-1.522
-0-0)/65.3147
=-0.01

* 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.


Trinity Place Holdings Accounts Receivable Related Terms

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


Trinity Place Holdings Business Description

Traded in Other Exchanges
N/A
Address
340 Madison Avenue, Suite 3C, New York, NY, USA, 10173
Trinity Place Holdings Inc is a real estate holding, investment, and asset management company. It is primarily engaged in owning, investing in, managing, developing or redeveloping real estate assets and real estate-related securities. It also controls a range of intellectual property assets focused on the consumer sector, including its online marketplace at FilenesBasement.com, its rights to the Stanley Blacker brand, and the intellectual property associated with the Running of the Brides event. The company generates revenue from Rental revenue, Other Income, and Sales of residential condominium units.
Executives
Mfp Partners Lp 10 percent owner, other: See remarks below 909 THIRD AVENUE, 33RD FLOOR, New York NY 10022
Bartels Patrick J Jr director C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Matthew Messinger, director, officer: President and CEO ONE SYMS WAY, SECAUCUS NJ 07094
Alan Cohen director 10 REUTEN DRIVE, CLOSTER NJ 07624
Joanne Minieri director 100 VENTERANS MEMORIAL HIGHWAY, 11TH FL, HAUPPAUGE NY 11788
Jennifer C. Price 10 percent owner, other: See remarks C/O MFP INVESTORS LLC, 909 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Jeffrey B Citrin director 950 THIRD AVENUE, 17TH FLOOR, NEW YORK NY 10022
Steven Kahn officer: Chief Financial Officer 717 FIFTH AVENUE, SUITE 1303, NEW YORK NY 10022
Keith M Pattiz director C/O MCDERMOTT WILL & EMERY, 340 MADISON AVE, NEW YORK NY 10173-1922
Alexander C Matina director C/O MFP INVESTORS, LLC, 667 MADISON AVE, 25TH FL, NEW YORK NY 10065
Richard Guy Pyontek officer: Chief Accounting Officer 1 SYMS WAY, SECAUCUS NJ 07094
Marcato International Master Fund, Ltd. 10 percent owner C/O OGIER FIDUCIARY SERVICES (CAYMAN)LTD, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9007
Marcato Capital Management Llc 10 percent owner FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Marcato Holdings Llc 10 percent owner FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Ds Fund I Llc 10 percent owner 7274 FISHER ISLAND DRIVE, MIAMI BEACH FL 33109-0760