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Keppel DC REIT (SGX:AJBU) Accounts Receivable : S$53.9 Mil (As of Dec. 2023)


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What is Keppel DC REIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Keppel DC REIT's accounts receivables for the quarter that ended in Dec. 2023 was S$53.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Keppel DC REIT's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 69.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Keppel DC REIT's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$-0.87.


Keppel DC REIT Accounts Receivable Historical Data

The historical data trend for Keppel DC REIT'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.

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Keppel DC REIT Accounts Receivable Chart

Keppel DC REIT 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 44.22 54.38 50.37 61.40 53.87

Keppel DC REIT Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 50.37 57.78 61.40 71.51 53.87

Keppel DC REIT Accounts Receivable Calculation

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


Keppel DC REIT 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.

Keppel DC REIT's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=53.868/140.743*91
=69.85

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

Keppel DC REIT's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(149.733+0.75 * 53.868+0.5 * 0-1652.59
-0-42.981)/1721.43
=-0.87

* 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.


Keppel DC REIT Accounts Receivable Related Terms

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Keppel DC REIT (SGX:AJBU) Business Description

Traded in Other Exchanges
Address
16 Collyer Quay, No. 07-01, Singapore, SGP, 049318
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As of June 30, 2023, it held a SGD 3.7 billion portfolio of 23 properties across nine countries in Asia and Europe. Its properties are leased out as colocation, fully fitted and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Corporation Limited owns around a 20% stake in the trust.

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