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Cromwell Property Group (ASX:CMW) Accounts Receivable : A$19.0 Mil (As of Dec. 2024)


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What is Cromwell Property Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cromwell Property Group's accounts receivables for the quarter that ended in Dec. 2024 was A$19.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cromwell Property Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 38.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cromwell Property Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$-0.28.


Cromwell Property Group Accounts Receivable Historical Data

The historical data trend for Cromwell Property 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.

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Cromwell Property Group Accounts Receivable Chart

Cromwell Property Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.80 48.80 34.50 40.60 23.30

Cromwell Property Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 190.30 40.60 45.50 23.30 19.00

Cromwell Property Group Accounts Receivable Calculation

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


Cromwell Property 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.

Cromwell Property Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19/89.3*91
=38.83

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

Cromwell Property Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(641+0.75 * 19+0.5 * 0-1378.6
-0-0)/2618.900
=-0.28

* 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.


Cromwell Property Group Accounts Receivable Related Terms

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Cromwell Property Group Business Description

Traded in Other Exchanges
Address
200 Mary Street, Level 19, Brisbane, QLD, AUS, 4000
Cromwell Property Group is an internally managed Australian real estate investment trust. It owns a property portfolio of mostly Australian offices, and also develops and manages properties on behalf of third-party investors in Australia and New Zealand. The segments of the company are Investment portfolio, Funds and asset management, and Co-investments. The company earns maximum revenue from the Investment portfolio segment.

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