Fairvest (JSE:FTB) Change In Receivables : R0 Mil (TTM As of Sep. 2023)

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What is Fairvest Change In Receivables?

Fairvest's change in receivables for the quarter that ended in Sep. 2023 was R0 Mil. It means Fairvest's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Fairvest's change in receivables for the fiscal year that ended in Sep. 2023 was R-10 Mil. It means Fairvest's Accounts Receivable increased by R10 Mil from Jun. 2021 to Sep. 2023 .

Fairvest's Accounts Receivable for the quarter that ended in Sep. 2023 was R59 Mil.

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 Receivable are being managed. Fairvest's Days Sales Outstanding for the six months ended in Sep. 2023 was 11.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fairvest's liquidation value for the six months ended in Sep. 2023 was R-4,737 Mil.

Fairvest Change In Receivables Historical Data

The historical data trend for Fairvest's Change In Receivables 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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Fairvest Change In Receivables Chart

Fairvest Annual Data

Trend

Jun21

Sep23

Change In Receivables

0.87

-9.55

Fairvest Semi-Annual Data
	Jun21	Mar23	Sep23
Change In Receivables	-	-	-

Fairvest Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 Mil.

Fairvest (JSE:FTB) Change In Receivables 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 Receivable are being managed.

Fairvest's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	58.98	/	954.69	*	91
=	11.27

2. In Ben Graham's calculation of liquidation value, Fairvest's accounts receivable are only considered to be worth 75% of book value:

Fairvest's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	106.763	-	4888.184	+	0.75 * 58.98	+	0.5 * 0
=	-4,737

Fairvest Change In Receivables Related Terms

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Fairvest (JSE:FTB) Business Description

Industry

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Traded in Other Exchanges

FTA:South Africa 2T20:Germany

Address

34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001

Website

https://www.fairvest.co.za

Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

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