US Residential Fund (ASX:USR) Accounts Receivable: A$0.08 Mil (As of Dec. 2018)

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What is US Residential Fund Accounts Receivable?

US Residential Fund ASX:USR Accounts Receivable is A$0.08 Mil as of Dec. 2018.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. US Residential Fund's accounts receivables for the quarter that ended in Dec. 2018 was A$0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. US Residential Fund's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 117.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. US Residential Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was A$0.33.


US Residential 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.

US Residential Fund's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.079/0.123*91
=117.22

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

US Residential Fund's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 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)
=(11.016+0.75 * 0.079+0.5 * 0-0.673
-0-0)/32.000
=0.33

* 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.


US Residential Fund Accounts Receivable Related Terms


US Residential Fund Accounts Receivable Historical Data

* Premium members only.

The historical data trend for US Residential 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.

US Residential Fund Accounts Receivable Chart

US Residential Fund Annual Data
Trend Dec15 Dec16 Dec18
Accounts Receivable
0.15 0.38 0.08

US Residential Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Accounts Receivable Get a 7-Day Free Trial 0.38 0.01 0.26 0.02 0.08

US Residential Fund Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of A$0.08 Mil mean?
US Residential Fund (ASX:USR) has a Accounts Receivable of A$0.08 Mil as of Dec. 2018. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on US Residential Fund and its competitors.
Is US Residential Fund's Accounts Receivable too high?
US Residential Fund's current Accounts Receivable is A$0.08 Mil.
How does US Residential Fund's Accounts Receivable compare to RVEN and SACH?
US Residential Fund's Accounts Receivable of A$0.08 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a REITs company?
A good Accounts Receivable depends on the REITs industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on US Residential Fund and its competitors. US Residential Fund's current Accounts Receivable is A$0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Residential Fund stock overvalued right now?
US Residential Fund (ASX:USR) has a current Accounts Receivable of A$0.08 Mil. The current Accounts Receivable is A$0.08 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For US Residential Fund (ASX:USR), the current Accounts Receivable is A$0.08 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

US Residential Fund Business Description

Industry Real EstateREITs
Address 201 Sussex Street, Level 20, Tower 2, Darling Park, Sydney, NSW, AUS, 2000
US Residential Fund is a real estate investment trust. The group operates in the United States residential property market. The investment objectives of the fund are expanding and diversifying in the United States residential market through direct and indirect property investments, utilizing both debt and equity instruments to facilitate the transactions.