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Easterly Government Properties (FRA:E05) Receivables Turnover : 1.04 (As of Sep. 2024)


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What is Easterly Government Properties Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Easterly Government Properties's Revenue for the three months ended in Sep. 2024 was €67.4 Mil. Easterly Government Properties's average Accounts Receivable for the three months ended in Sep. 2024 was €64.8 Mil. Hence, Easterly Government Properties's Receivables Turnover for the three months ended in Sep. 2024 was 1.04.


Easterly Government Properties Receivables Turnover Historical Data

The historical data trend for Easterly Government Properties's Receivables Turnover 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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Easterly Government Properties Receivables Turnover Chart

Easterly Government Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.86 5.28 5.46 5.16 4.53

Easterly Government Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Receivables Turnover 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 1.19 1.13 1.05 1.06 1.04

Competitive Comparison of Easterly Government Properties's Receivables Turnover

For the REIT - Office subindustry, Easterly Government Properties's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Easterly Government Properties's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Easterly Government Properties's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Easterly Government Properties's Receivables Turnover falls into.



Easterly Government Properties Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Easterly Government Properties's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=263.387 / ((55.54 + 60.773) / 2 )
=263.387 / 58.1565
=4.53

Easterly Government Properties's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=67.378 / ((66.213 + 63.322) / 2 )
=67.378 / 64.7675
=1.04

* 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.


Easterly Government Properties  (FRA:E05) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Easterly Government Properties Receivables Turnover Related Terms

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Easterly Government Properties Business Description

Traded in Other Exchanges
Address
2001 K Street NW, Suite 775, Washington, DC, USA, 20006
Easterly Government Properties Inc is a real estate investment trust. It is engaged in the acquisition, development, and management of Class A commercial properties that are leased to U.S. government agencies. The company generates all its revenue by leasing its properties to such agencies.

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