GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sun Communities Inc (FRA:SCZ) » Definitions » Accounts Receivable

Sun Communities (FRA:SCZ) Accounts Receivable : €0 Mil (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Sun Communities Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sun Communities's accounts receivables for the quarter that ended in Mar. 2024 was €0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sun Communities's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sun Communities's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-73.42.


Sun Communities Accounts Receivable Historical Data

The historical data trend for Sun Communities's Accounts Receivable 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.

Sun Communities Accounts Receivable Chart

Sun Communities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sun Communities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 - - - - -

Sun Communities Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Sun Communities Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Sun Communities's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/613.364*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Sun Communities's accounts receivable are only considered to be worth 75% of book value:

Sun Communities's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(121.9+0.75 * 0+0.5 * 175.72-9282.524
-0-78.108)/124.642
=-73.42

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Sun Communities Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Sun Communities's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Sun Communities (FRA:SCZ) Business Description

Traded in Other Exchanges
Address
27777 Franklin Road, Suite 200, Southfield, MI, USA, 48034
Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 670 properties, which includes 353 manufactured housing communities, 182 residential vehicle communities, and 135 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.

Sun Communities (FRA:SCZ) Headlines

From GuruFocus

Top 5 1st Quarter Trades of HERSHEY TRUST CO

By GuruFocus Research GuruFocus Editor 05-14-2022

WASHINGTON TRUST BANK Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-07-2023

Top 5 3rd Quarter Trades of Brickley Wealth Management

By GuruFocus Research GuruFocus Editor 11-02-2022

Eagle Bay Advisors LLC Buys 4, Sells 1 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 11-23-2022