GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alexander's Inc (STU:AXE) » Definitions » Accounts Receivable

Alexander's (STU:AXE) Accounts Receivable : €111.5 Mil (As of Mar. 2024)


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

What is Alexander's Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alexander's's accounts receivables for the quarter that ended in Mar. 2024 was €111.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alexander's's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 180.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alexander's's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-97.97.


Alexander's Accounts Receivable Historical Data

The historical data trend for Alexander's'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.

Alexander's Accounts Receivable Chart

Alexander's 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 155.22 126.09 125.53 124.80 120.07

Alexander's 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 122.44 118.79 119.91 120.07 111.54

Alexander's Accounts Receivable Calculation

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


Alexander's 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=111.541/56.485*91
=180.19

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

Alexander's'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)
=(484.233+0.75 * 111.541+0.5 * 0-1068.245
-0-0)/5.10729
=-97.97

* 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.


Alexander's Accounts Receivable Related Terms

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


Alexander's (STU:AXE) Business Description

Traded in Other Exchanges
Address
210 Route 4 East, Paramus, NJ, USA, 07652
Alexander's Inc is a real estate investment trust engaged in leasing, managing, developing and redeveloping its properties. It has six properties in the greater New York City metropolitan area. All of the revenues come from properties located in New York City which include revenues from leasing of space to tenants at their properties and revenues from parking and tenant services.

Alexander's (STU:AXE) Headlines

From GuruFocus

John Rogers Comments on Anixter Intl

By Holly LaFon Holly LaFon 01-18-2018

Third Avenue Management Comments on Anixter

By Holly LaFon Holly LaFon 03-29-2016

Richard Pzena Trims Walmart, Merck Positions

By Tiziano Frateschi Tiziano Frateschi 02-12-2020