Accounts and notes receivable
Sun Communities Accounts and notes receivable increased by 0.3% to $333.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.9%, from $373.70M to $333.10M. Over 5 years (FY 2021 to FY 2026), Accounts and notes receivable shows an upward trend with a 6.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may signal extended credit terms offered to tenants or potential credit risk if receivables become difficult to collect.
Detailed definition
This represents amounts owed to the company by tenants or other parties that are expected to be collected beyond the nex...
Peer comparison
Generally low for retail REITs; high levels may indicate tenant financial distress or specific financing structures.
non_current_assets_accounts_and_notes_receivable_netHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $249.01M | $262.33M | $256.92M | $469.60M | $513.60M | $509.00M | $511.00M | $617.30M | $716.70M | $733.30M | $832.20M | $421.60M | $469.10M | $417.40M | $494.40M | $430.10M | $373.70M | $345.70M | $468.40M | $332.10M | $333.10M |
| QoQ Change | — | +5.4% | -2.1% | +82.8% | +9.4% | -0.9% | +0.4% | +20.8% | +16.1% | +2.3% | +13.5% | -49.3% | +11.3% | -11.0% | +18.4% | -13.0% | -13.1% | -7.5% | +35.5% | -29.1% | +0.3% |
| YoY Change | — | — | — | — | +106.3% | +94.0% | +98.9% | +31.5% | +39.5% | +44.1% | +62.9% | -31.7% | -34.5% | -43.1% | -40.6% | +2.0% | -20.3% | -17.2% | -5.3% | -22.8% | -10.9% |
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|
| MH | $214.40M | $208.40M | — | $230.00M | $237.80M | $254.70M | — | $204.20M |
| RV | $128.40M | $108.30M | — | $97.00M | $73.50M | $74.60M | — | $90.90M |
| UK | — | — | $75.30M | $46.70M | $34.40M | $139.10M | $71.50M | $38.00M |
| Marina | $57.10M | $52.70M | $53.90M | — | — | — | — | — |
| Total | $417.40M | $494.40M | $430.10M | $373.70M | $345.70M | $468.40M | $332.10M | $333.10M |
Marina was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Accounts and notes receivable at Other Companies
Frequently Asked Questions
- What is Sun Communities's accounts and notes receivable?
- Sun Communities (SUI) reported accounts and notes receivable of $333.10M in Q1 2026.
- How has Sun Communities's accounts and notes receivable changed year-over-year?
- Sun Communities's accounts and notes receivable decreased by 10.9% year-over-year, from $373.70M to $333.10M.
- What is the long-term trend for Sun Communities's accounts and notes receivable?
- Over 5 years (2021 to 2026), Sun Communities's accounts and notes receivable has grown at a 6.0% compound annual growth rate (CAGR), from $249.01M to $333.10M.
- What does accounts and notes receivable mean?
- Long-term financial obligations owed to the company by external parties.