Generationome Properties (Generationome Properties) Receivables Turnover : 8.67 (As of Mar. 2024)

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What is Generationome 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. Generationome Properties's Revenue for the three months ended in Mar. 2024 was $2.28 Mil. Generationome Properties's average Accounts Receivable for the three months ended in Mar. 2024 was $0.26 Mil. Hence, Generationome Properties's Receivables Turnover for the three months ended in Mar. 2024 was 8.67.

Generationome Properties Receivables Turnover Historical Data

The historical data trend for Generationome 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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Generationome Properties Receivables Turnover Chart

Generationome Properties Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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23.39

46.93

46.73

58.32

45.07

Generationome Properties Quarterly Data
	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															10.74	9.56	8.54	11.36	8.67

Competitive Comparison of Generationome Properties's Receivables Turnover

For the REIT - Diversified subindustry, Generationome 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.

Generationome Properties's Receivables Turnover Distribution in the REITs Industry

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

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

Generationome Properties Receivables Turnover Calculation

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

Generationome 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 )
=	7.594	/ (	(0.096	+	0.241)	/	2 )
=	7.594	/	0.1685
=	45.07

Generationome Properties's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	2.275	/ (	(0.241	+	0.284)	/	2 )
=	2.275	/	0.2625
=	8.67

Generationome Properties (NAS:GIPRW) 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.

Generationome Properties Receivables Turnover Related Terms

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Generationome Properties (Generationome Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Generation Income Properties Inc (NAS:GIPRW) » Definitions » Receivables Turnover

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GIPR:USA

Address

401 East Jackson Street, Suite 3300, Tampa, FL, USA, 33602

Website

https://www.gipreit.com

Generation Income Properties Inc is an internally managed real estate investment company focused on acquiring and managing income-producing retail, office and industrial properties net leased to high-quality tenants in major markets throughout the United States. Its key source of revenue is the rental income. The company holds properties in Alabama, Arizona, Colorado, District of Columbia, Florida, Illinois, North Carolina and Virginia.