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Qualitas Real Estateome Fund (ASX:QRI) Accounts Receivable : A$6.69 Mil (As of Dec. 2024)


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What is Qualitas Real Estateome Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Qualitas Real Estateome Fund's accounts receivables for the quarter that ended in Dec. 2024 was A$6.69 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. Qualitas Real Estateome Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.02.


Qualitas Real Estateome Fund Accounts Receivable Historical Data

The historical data trend for Qualitas Real Estateome Fund'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.

Qualitas Real Estateome Fund Accounts Receivable Chart

Qualitas Real Estateome Fund Annual Data
Trend Jun18 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial 2.34 2.61 3.88 5.71 6.52

Qualitas Real Estateome Fund Semi-Annual Data
Jun18 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 5.05 5.71 5.88 6.52 6.69

Qualitas Real Estateome Fund Accounts Receivable Calculation

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


Qualitas Real Estateome Fund 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.

Qualitas Real Estateome Fund's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.694/0*91
=

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

Qualitas Real Estateome Fund'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)
=(13.938+0.75 * 6.694+0.5 * 0-7.933
-0-0)/473.165
=0.02

* 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.


Qualitas Real Estateome Fund Accounts Receivable Related Terms

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Qualitas Real Estateome Fund Business Description

Traded in Other Exchanges
N/A
Address
123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000
Qualitas Real Estate Income Fund is a real estate investment management firm that seeks to invest the Trust's capital in a portfolio of investments that provide unitholders with exposure to real estate loans secured by first and second mortgages, predominantly located in Australia.

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