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Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) Accounts Receivable

: R$4.3 Mil (As of Jun. 2023)
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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's accounts receivables for the quarter that ended in Jun. 2023 was R$4.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 3.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was R$39.95.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Accounts Receivable Historical Data

The historical data trend for Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario'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.

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Premium Member Only 0.76 1.78 3.68 4.53 4.31

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Semi-Annual Data
Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable Premium Member Only 0.76 1.78 3.68 4.53 4.31

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Accounts Receivable Calculation

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


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario 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.

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.306/260.697*91
=3.01

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's accounts receivable are only considered to be worth 75% of book value:

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(577.171+0.75 * 4.306+0.5 * 0-186.512
-0-0)/9.86041
=39.95

* 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.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Accounts Receivable Related Terms

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Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Rua Tabapua No. 1.227-Conj. 202, Itaim Bibi, Sau Paulo, SP, BRA, 04534-003
Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliariois a real estate investment company in Brazil. The company focuses on structured projects, such as Built-To-Suit and Sale and Leaseback. It offers property development for leases in the logistics, residential and office segments. The company is also engaged in an asset management business of premium real estate investments, such as FIIs, private equity real estate vehicles, CMBS and RMBS.

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