Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Receivables Turnover : 3.31 (As of Mar. 2024)

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What is Lightstone Value Plus REIT IV 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. Lightstone Value Plus REIT IV's Revenue for the three months ended in Mar. 2024 was $4.56 Mil. Lightstone Value Plus REIT IV's average Accounts Receivable for the three months ended in Mar. 2024 was $1.38 Mil. Hence, Lightstone Value Plus REIT IV's Receivables Turnover for the three months ended in Mar. 2024 was 3.31.

Lightstone Value Plus REIT IV Receivables Turnover Historical Data

The historical data trend for Lightstone Value Plus REIT IV'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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Lightstone Value Plus REIT IV Receivables Turnover Chart

Lightstone Value Plus REIT IV Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

18.26

Lightstone Value Plus REIT IV Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial									0.83	-	-	5.41	3.31

Competitive Comparison of Lightstone Value Plus REIT IV's Receivables Turnover

For the REIT - Diversified subindustry, Lightstone Value Plus REIT IV'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.

Lightstone Value Plus REIT IV's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lightstone Value Plus REIT IV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lightstone Value Plus REIT IV's Receivables Turnover falls into.

Lightstone Value Plus REIT IV Receivables Turnover Calculation

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

Lightstone Value Plus REIT IV'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 )
=	23.322	/ (	(1.154	+	1.4)	/	2 )
=	23.322	/	1.277
=	18.26

Lightstone Value Plus REIT IV'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 )
=	4.559	/ (	(1.4	+	1.354)	/	2 )
=	4.559	/	1.377
=	3.31

Lightstone Value Plus REIT IV (OTCPK:LTSV) 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.

Lightstone Value Plus REIT IV Receivables Turnover Related Terms

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Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lightstone Value Plus REIT IV Inc (OTCPK:LTSV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701

Website

http://www.lightstonecapitalmarkets.com

Lightstone Value Plus REIT IV Inc operates as a Real Estate Income Trust. It engages in originating, acquiring, and managing a diverse portfolio of real estate or real estate-related investments located in the United States. Its real estate investments include operating properties and development projects and its real estate-related investment may include mezzanine loans, mortgage loans, bridge loans, and preferred equity interests. It has one operating segment that is the company's majority-owned and consolidated the operating results of a joint venture (Williamsburg Moxy Hotel Joint Venture).

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