DSHK (Drive Shack) Change In Receivables : $-10.4 Mil (TTM As of Dec. 2023)

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What is Drive Shack Change In Receivables?

Drive Shack's change in receivables for the quarter that ended in Dec. 2023 was $-4.0 Mil. It means Drive Shack's Accounts Receivable increased by $4.0 Mil from Sep. 2023 to Dec. 2023 .

Drive Shack's change in receivables for the fiscal year that ended in Dec. 2023 was $-10.4 Mil. It means Drive Shack's Accounts Receivable increased by $10.4 Mil from Dec. 2022 to Dec. 2023 .

Drive Shack's Accounts Receivable for the quarter that ended in Dec. 2023 was $10.8 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. Drive Shack's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Drive Shack's liquidation value for the three months ended in Dec. 2023 was $-466.4 Mil.

Drive Shack Change In Receivables Historical Data

The historical data trend for Drive Shack'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.

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Drive Shack Change In Receivables Chart

Drive Shack Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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2.73

1.42

-12.07

9.58

-10.36

Drive Shack Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															13.93	-0.73	-2.33	-3.29	-4.00

Drive Shack 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.4 Mil.

Drive Shack (OTCPK:DSHK) 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.

Drive Shack's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.779	/	93.558	*	91
=	10.51

2. In Ben Graham's calculation of liquidation value, Drive Shack's accounts receivable are only considered to be worth 75% of book value:

Drive Shack's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12.799	-	488.867	+	0.75 * 10.779	+	0.5 * 3.108
=	-466.4

Drive Shack Change In Receivables Related Terms

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Drive Shack Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Drive Shack Inc (OTCPK:DSHK) » Definitions » Change In Receivables

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DSHKN.PFD:USA DSHKO.PFD:USA DSHKP.PFD:USA

Address

700 Canal Street, Stamford, CT, USA, 06902

Website

https://www.driveshack.com

Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues, and corporate. The Traditional Golf Properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of golf, competition, dining, and fun. The Corporate segment consists of investments in loans and securities. The majority of the firm's revenue is derived from the Traditional Golf Properties segment.

Executives

Wesley R Edens	director	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Hana Khouri	officer: President	218 WEST 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Stuart A Mcfarland	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Goodfield Lawrence A. Jr.	officer: CFO, CAO & Treasurer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Lee Nichols	officer: Chief Financial Officer	C/O DRIVE SHACK INC., 218 W. 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Acacia Research Corp	director	767 3RD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Virgis Colbert	director	5725 DELPHI DRIVE, TROY MI 48098
Benjamin M Crane	director	218 WEST 18TH STREET 3RD FLOOR, NEW YORK NY 10011
Clifford Press	director	152 WEST 57TH STREET, NEW YORK NY 10019
David Hammarley	officer: Chief Financial Officer	111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Kenneth A May	director, officer: CEO & President	13155 NOEL ROAD, SUITE 1600, THREE GALLERIA TOWER, DALLAS TX 75240
William J Clifford	director	845 BERKSHIRE BLVD. SUITE 200, WYOMISSING PA 19610
Alan L. Tyson	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sara A. Yakin	officer: Chief Operating Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sarah Watterson	officer: CEO & President	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105