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Safehold (Safehold) Receivables Turnover : 0.99 (As of Mar. 2023)


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What is Safehold 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. Safehold's Revenue for the three months ended in Mar. 2023 was $78.3 Mil. Safehold's average Accounts Receivable for the three months ended in Mar. 2023 was $78.9 Mil. Hence, Safehold's Receivables Turnover for the three months ended in Mar. 2023 was 0.99.


Safehold Receivables Turnover Historical Data

The historical data trend for Safehold'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.

Safehold Receivables Turnover Chart

Safehold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.62 3.59 11.35 101.79 73.58

Safehold Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 19.46 16.06 16.52 15.22 0.99

Competitive Comparison of Safehold's Receivables Turnover

For the REIT - Diversified subindustry, Safehold'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.


Safehold's Receivables Turnover Distribution in the REITs Industry

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

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



Safehold Receivables Turnover Calculation

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

Safehold's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=158.051 / ((3.159 + 1.137) / 2 )
=158.051 / 2.148
=73.58

Safehold's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=78.329 / ((1.137 + 156.697) / 2 )
=78.329 / 78.917
=0.99

* 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.


Safehold  (NYSE:SAFE) 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.


Safehold Receivables Turnover Related Terms

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Safehold (Safehold) Business Description

Traded in Other Exchanges
N/A
Address
1114 Avenue of the Americas, 39th Floor, New York, NY, USA, 10036
Safehold Inc is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. It continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk.
Executives
Jay S Nydick officer: PRESIDENT 1114 AVENUE OF THE AMERICAS, 27TH FLR, NEW YORK NY 10036
Robin Josephs director
Jay Sugarman director, officer: Chairman and CEO 24301 WALDEN CENTER DR, BONITA SPRINGS FL 34134
Barry W Ridings director 21 LILAC LANE, PRINCETON NJ 08540
Gic Private Ltd director 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Istar Inc. 10 percent owner 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Sfty Venture Llc director C/O GIC REAL ESTATE, INC., 280 PARK AVENUE, 9TH FLOOR, NEW YORK NY 10017
Gic Real Estate, Inc. director ONE BUSH STREET, SUITE 1000, SAN FRANCISCO CA 94104
Gic Real Estate Private Ltd director C/O GIC PRIVATE LIMITED, 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912
Jesse Hom director 168 ROBINSON ROAD, #37-01, CAPITAL TOWER, SINGAPORE U0 068912
Stefan M Selig director 2 EAST 70TH STREET, NEW YORK NY 10021
Star Holdings 10 percent owner 1114 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Brett Asnas officer: Chief Financial Officer C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
Garett Rosenblum officer: Chief Accounting Officer C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036
David Eisenberg director C/O ISTAR, 1114 AVENUE OF THE AMERICAS, FL. 39, NEW YORK NY 10036