Westfield Trust (ASX:WFT) Accounts Receivable: A$0.00 Mil (As of Dec. 2003)

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What is Westfield Trust Accounts Receivable?

Westfield Trust ASX:WFT Accounts Receivable is A$0.00 Mil as of Dec. 2003.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Westfield Trust's accounts receivables for the quarter that ended in Dec. 2003 was A$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Westfield Trust's Days Sales Outstanding for the quarter that ended in Dec. 2003 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Westfield Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2003 was A$-2.52.


Westfield 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.

Westfield Trust's Days Sales Outstanding for the quarter that ended in Dec. 2003 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1915.301*91
=0.00

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

Westfield Trust's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2003 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)
=(0+0.75 * 0+0.5 * 0-5313
-0-91.7)/2145.125
=-2.52

* 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.


Westfield Trust Accounts Receivable Related Terms


Westfield Trust Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Westfield 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.

Westfield Trust Accounts Receivable Chart

Westfield Trust Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Westfield Trust Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Westfield Trust 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$0.00 Mil mean?
Westfield Trust (ASX:WFT) has a Accounts Receivable of A$0.00 Mil as of Dec. 2003. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Westfield Trust and its competitors.
Is Westfield Trust's Accounts Receivable too high?
Westfield Trust's current Accounts Receivable is A$0.00 Mil.
How does Westfield Trust's Accounts Receivable compare to competitors?
Westfield Trust's Accounts Receivable of A$0.00 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Accounts Receivable depends on the Real Estate 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 Westfield Trust and its competitors. Westfield Trust's current Accounts Receivable is A$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westfield Trust stock overvalued right now?
Westfield Trust (ASX:WFT) has a current Accounts Receivable of A$0.00 Mil. The current Accounts Receivable is A$0.00 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 Westfield Trust (ASX:WFT), the current Accounts Receivable is A$0.00 Mil as of Dec. 2003. 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.

Westfield Trust Business Description

Westfield Trust (WFT) comprises interests in 50 shopping centres in Australia and New Zealand, with 3.1m sqm2 of gross lettable area servicing more than 9,400 retailers who generate in excess of $13.9 billion of retail sales.