GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » National Retail Properties Inc (NYSE:NNNpE.CL.PFD) » Definitions » Receivables Turnover

NNNPE.CL.PFD (National Retail Properties) Receivables Turnover : 91.55 (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is National Retail 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. National Retail Properties's Revenue for the three months ended in Sep. 2024 was $218.56 Mil. National Retail Properties's average Accounts Receivable for the three months ended in Sep. 2024 was $2.39 Mil. Hence, National Retail Properties's Receivables Turnover for the three months ended in Sep. 2024 was 91.55.


National Retail Properties Receivables Turnover Historical Data

The historical data trend for National Retail 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.

* Premium members only.

National Retail Properties Receivables Turnover Chart

National Retail 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 201.02 183.22 193.92 228.51 228.10

National Retail 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 93.50 74.68 59.69 70.85 91.55

Competitive Comparison of National Retail Properties's Receivables Turnover

For the REIT - Retail subindustry, National Retail 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.


National Retail Properties's Receivables Turnover Distribution in the REITs Industry

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

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



National Retail Properties Receivables Turnover Calculation

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

National Retail 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 )
=828.111 / ((3.612 + 3.649) / 2 )
=828.111 / 3.6305
=228.10

National Retail 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 )
=218.564 / ((2.551 + 2.224) / 2 )
=218.564 / 2.3875
=91.55

* 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.


National Retail Properties  (NYSE:NNNpE.CL.PFD) 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.


National Retail Properties Receivables Turnover Related Terms

Thank you for viewing the detailed overview of National Retail Properties's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


National Retail Properties Business Description

Traded in Other Exchanges
Address
450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801
NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.