STAGPC.PFD (Stag Industrial) Receivables Turnover : 1.50 (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Stag Industrial 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. Stag Industrial's Revenue for the three months ended in Sep. 2024 was $190.74 Mil. Stag Industrial's average Accounts Receivable for the three months ended in Sep. 2024 was $126.77 Mil. Hence, Stag Industrial's Receivables Turnover for the three months ended in Sep. 2024 was 1.50.

Stag Industrial Receivables Turnover Historical Data

The historical data trend for Stag Industrial'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.

Stag Industrial Receivables Turnover Chart

Stag Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

8.13

7.14

6.56

6.29

5.81

Stag Industrial 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															1.54	1.47	1.46	1.49	1.50

Competitive Comparison of Stag Industrial's Receivables Turnover

For the REIT - Industrial subindustry, Stag Industrial'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.

Stag Industrial's Receivables Turnover Distribution in the REITs Industry

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

* The bar in red indicates where Stag Industrial's Receivables Turnover falls into.

Stag Industrial Receivables Turnover Calculation

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

Stag Industrial'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 )
=	707.835	/ (	(115.509	+	128.274)	/	2 )
=	707.835	/	121.8915
=	5.81

Stag Industrial'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 )
=	190.739	/ (	(125.172	+	128.366)	/	2 )
=	190.739	/	126.769
=	1.50

Stag Industrial (NYSE:STAGpC.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.

Stag Industrial Receivables Turnover Related Terms

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

Stag Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Stag Industrial Inc (NYSE:STAGpC.PFD) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

STAG:USA 0L98:UK SW6:Germany S2TA34:Brazil

Address

One Federal Street, 23rd Floor, Boston, MA, USA, 02110

Website

https://www.stagindustrial.com

Stag Industrial Inc is a real estate investment trust that is involved in the acquisition and operation of both single- and multi-tenant properties, although the majority of the portfolio is single-tenant industrial properties throughout the United States. The vast majority of the company's real estate portfolio is comprised of warehouse and distribution buildings. Stag Industrial derives nearly all of its income in the form of rental income from its portfolio of warehouse and distribution properties. The company generates most of its rental revenue from its facilities located in Midwestern and Eastern U.S. cities. Stag Industrial's customers include air freight and logistics, automotive, and industrial equipment companies in terms of overall revenue.