Veris Residential (FRA:WY4) Change In Receivables : €0.1 Mil (TTM As of Sep. 2024)

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What is Veris Residential Change In Receivables?

Veris Residential's change in receivables for the quarter that ended in Sep. 2024 was €-0.4 Mil. It means Veris Residential's Accounts Receivable increased by €0.4 Mil from Jun. 2024 to Sep. 2024 .

Veris Residential's change in receivables for the fiscal year that ended in Dec. 2023 was €2.8 Mil. It means Veris Residential's Accounts Receivable declined by €2.8 Mil from Dec. 2022 to Dec. 2023 .

Veris Residential's Accounts Receivable for the quarter that ended in Sep. 2024 was €1.8 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. Veris Residential's Days Sales Outstanding for the three months ended in Sep. 2024 was 2.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Veris Residential's liquidation value for the three months ended in Sep. 2024 was €-1,560.9 Mil.

Veris Residential Change In Receivables Historical Data

The historical data trend for Veris Residential'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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Veris Residential Change In Receivables Chart

Veris Residential Annual Data

Trend

Dec14

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Dec20

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Dec22

Dec23

Change In Receivables

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-4.60

-5.14

-1.57

2.79

Veris Residential Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															1.06	1.19	-0.11	-0.56	-0.40

Veris Residential 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.1 Mil.

Veris Residential (FRA:WY4) 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.

Veris Residential's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.839	/	61.426	*	91
=	2.73

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

Veris Residential's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11.517	-	1573.778	+	0.75 * 1.839	+	0.5 * 0
=	-1,560.9

Veris Residential Change In Receivables Related Terms

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Veris Residential Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Veris Residential Inc (FRA:WY4) » Definitions » Change In Receivables

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Traded in Other Exchanges

VRE:USA

Address

Harborside 3, 210 Hudson Street, Suite 400, Jersey City, NJ, USA, 07311

Website

https://www.verisresidential.com

Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.

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