SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Accounts Receivable : $13.3 Mil (As of Dec. 2023)

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What is SmartCentres Real Estate Investment Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SmartCentres Real Estate Investment Trust's accounts receivables for the quarter that ended in Dec. 2023 was $13.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SmartCentres Real Estate Investment Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 7.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SmartCentres Real Estate Investment Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-28.71.

SmartCentres Real Estate Investment Trust Accounts Receivable Historical Data

The historical data trend for SmartCentres Real Estate Investment Trust'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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SmartCentres Real Estate Investment Trust Accounts Receivable Chart

SmartCentres Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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9.77

29.53

13.56

13.22

13.28

SmartCentres Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															13.22	10.54	13.54	12.06	13.28

SmartCentres Real Estate Investment Trust Accounts Receivable Calculation

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

SmartCentres Real Estate Investment Trust 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.

SmartCentres Real Estate Investment Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13.276	/	157.291	*	91
=	7.70

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

SmartCentres Real Estate Investment Trust'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)
=	(25.897	+	0.75 * 13.276	+	0.5 * 38.55	-	4133.958
-	0	-	810.204)	/	170.291
=	-28.71

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.

SmartCentres Real Estate Investment Trust Accounts Receivable Related Terms

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SmartCentres Real Estate Investment Trust (SmartCentres Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SmartCentres Real Estate Investment Trust (OTCPK:CWYUF) » Definitions » Accounts Receivable

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Traded in Other Exchanges

C7J1:Germany SRU.UN:Canada

Address

3200 Highway 7, Vaughan, ON, CAN, L4K 5Z5

Website

https://www.smartcentres.com

SmartCentres Real Estate Investment Trust is a Canadian fully integrated commercial and residential REIT, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under its wholly-owned residential sub-brand, SmartLiving. The Trust develops, leases, constructs, owns and manages shopping centres, office buildings, high-rise and low-rise condominiums and rental residences, seniors' housing, townhome units, self-storage rental facilities, and industrial facilities in Canada.

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