BRRE (Blue Ridge Real Estate Co) Change In Receivables: $-0.04 Mil (TTM As of Apr. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Blue Ridge Real Estate Co Change In Receivables?

Blue Ridge Real Estate Co BRRE Change In Receivables is $-0.04 Mil as of Apr. 2017.

Blue Ridge Real Estate Co's change in receivables for the quarter that ended in Apr. 2017 was $-0.27 Mil. It means Blue Ridge Real Estate Co's Accounts Receivable increased by $0.27 Mil from Jan. 2017 to Apr. 2017 .

Blue Ridge Real Estate Co's change in receivables for the fiscal year that ended in Oct. 2016 was $0.51 Mil. It means Blue Ridge Real Estate Co's Accounts Receivable declined by $0.51 Mil from Oct. 2015 to Oct. 2016 .

Blue Ridge Real Estate Co's Accounts Receivable for the quarter that ended in Apr. 2017 was $0.00 Mil.

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 Receivable are being managed. Blue Ridge Real Estate Co's Days Sales Outstanding for the three months ended in Apr. 2017 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Blue Ridge Real Estate Co's liquidation value for the three months ended in Apr. 2017 was $-4.52 Mil.

Blue Ridge Real Estate Co  (OTCPK:BRRE) Change In Receivables 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 Receivable are being managed.

Blue Ridge Real Estate Co's Days Sales Outstanding for the quarter that ended in Apr. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1.246*91
=0.00

2. In Ben Graham's calculation of liquidation value, Blue Ridge Real Estate Co's accounts receivable are only considered to be worth 75% of book value:

Blue Ridge Real Estate Co's liquidation value for the quarter that ended in Apr. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7.868-12.387+0.75 * 0+0.5 * 0
=-4.52

* 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.

Blue Ridge Real Estate Co Change In Receivables Related Terms

Blue Ridge Real Estate Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Blue Ridge Real Estate Co's Change In Receivables 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.

Blue Ridge Real Estate Co Change In Receivables Chart

Blue Ridge Real Estate Co Annual Data
Trend Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 -0.07 0.11 0.51

Blue Ridge Real Estate Co Quarterly Data
Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
Change In Receivables 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 -0.02 0.15 0.02 0.07 -0.27

Blue Ridge Real Estate Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Apr. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.04 Mil mean?
Blue Ridge Real Estate Co (BRRE) has a Change In Receivables of $-0.04 Mil as of Apr. 2017. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Blue Ridge Real Estate Co and its competitors.
Is Blue Ridge Real Estate Co's Change In Receivables too high?
Blue Ridge Real Estate Co's current Change In Receivables is $-0.04 Mil.
How does Blue Ridge Real Estate Co's Change In Receivables compare to CHCI?
Blue Ridge Real Estate Co's Change In Receivables of $-0.04 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Travel & Leisure company?
A good Change In Receivables depends on the Travel & Leisure industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Blue Ridge Real Estate Co and its competitors. Blue Ridge Real Estate Co's current Change In Receivables is $-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Ridge Real Estate Co stock overvalued right now?
Blue Ridge Real Estate Co (BRRE) has a current Change In Receivables of $-0.04 Mil. The current Change In Receivables is $-0.04 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Blue Ridge Real Estate Co (BRRE), the current Change In Receivables is $-0.04 Mil as of Apr. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blue Ridge Real Estate Co Business Description

Address 5 Blue Ridge Court, P.O. Box 707, Blakeslee, PA, USA, 18610
Blue Ridge Real Estate Co is engaged in real estate development and land sales. The company operates in three segments: resort operations, including amenities around Big Boulder Lake such as the Boulder View Tavern, Boulder Lake Club, the Jack Frost National Golf Course, and The Stretch fishing club; real estate management and rental operations, which involve leasing investment properties, providing services to resort residential community trusts, and signboard rentals; and land resource management, covering land sales and purchases, timber operations, real estate development, and leasing of land and land improvements. The majority of the company's revenue is derived from the Resort operations segment.