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Parkway Life Real Estate Investment Trust (SGX:C2PU) Accounts Receivable : S$5.2 Mil (As of Dec. 2023)


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What is Parkway Life 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. Parkway Life Real Estate Investment Trust's accounts receivables for the quarter that ended in Dec. 2023 was S$5.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Parkway Life Real Estate Investment Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$-1.47.


Parkway Life Real Estate Investment Trust Accounts Receivable Historical Data

The historical data trend for Parkway Life 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.

* Premium members only.

Parkway Life Real Estate Investment Trust Accounts Receivable Chart

Parkway Life Real Estate Investment Trust 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 10.77 11.20 11.02 11.80 5.18

Parkway Life Real Estate Investment Trust Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only 11.02 11.52 11.80 3.68 5.18

Parkway Life 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.


Parkway Life 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.

Parkway Life 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
=5.184/0*91
=

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

Parkway Life 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)
=(28.499+0.75 * 5.184+0.5 * 0-919.577
-0-0)/605.002
=-1.47

* 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.


Parkway Life Real Estate Investment Trust Accounts Receivable Related Terms

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Parkway Life Real Estate Investment Trust (SGX:C2PU) Business Description

Traded in Other Exchanges
Address
80 Robinson Road, Number 02-00, Singapore, SGP, 068898
Parkway Life Real Estate Investment Trust is a healthcare facility's real estate investment trust. that operates three segments: hospital and medical centers, nursing homes, and pharmaceutical manufacturing and distribution. Majority of the company's sales are generated by its hospital and medical centers segment, which invests in healthcare real estate assets. Majority of the company's revenuen is generated from Singapore, followed by Japan. The company considers merger and acquisition investment as a component of its operational growth strategy.

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