Centuria Capital Group (ASX:CNI) Accounts Receivable : A$122.0 Mil (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Centuria Capital Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Centuria Capital Group's accounts receivables for the quarter that ended in Dec. 2023 was A$122.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Centuria Capital Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 196.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Centuria Capital Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-0.72.

Centuria Capital Group Accounts Receivable Historical Data

The historical data trend for Centuria Capital Group'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.

Centuria Capital Group Accounts Receivable Chart

Centuria Capital Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

Get a 7-Day Free Trial

Centuria Capital Group Semi-Annual Data
	Jun14	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															141.30	-	127.49	-	122.01

Centuria Capital Group Accounts Receivable Calculation

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

Centuria Capital Group 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.

Centuria Capital Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	122.01	/	113.502	*	91
=	196.18

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

Centuria Capital Group'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)
=	(257.782	+	0.75 * 122.01	+	0.5 * 85.407	-	970.683
-	0	-	3.385)	/	805.073
=	-0.72

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.

Centuria Capital Group Accounts Receivable Related Terms

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

Centuria Capital Group (ASX:CNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centuria Capital Group (ASX:CNI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Chifley Square, Level 41, Chifley Tower, Sydney, NSW, AUS, 2000

Website

https://www.centuria.com.au

Centuria Capital Group runs retail, wholesale, and institutional property investments. Assets are roughly one third each in office, industrial, and another third in retail, healthcare, agricultural property, and real estate finance. About one third of FUM is in listed REITs, a third in unlisted wholesale funds, and nearly another third in unlisted retail funds and a small amount in institutional vehicles. The group's AUD 21 billion in FUM grew rapidly from less than AUD 5 billion in FUM in 2018. Acquisitions of Augusta Capital, 360 Capital, PrimeWest, and others supercharged FUM growth. Centuria's main revenue sources are management fees on its funds, development profits, and rental income from co-investments in its funds. Centuria is the largest securityholder in its listed REITs.