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Inter Residence Fundo DE Investimento Imobiliario -FII (BSP:INRD11) Accounts Receivable : R$1.49 Mil (As of Jun. 2024)


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What is Inter Residence Fundo DE Investimento Imobiliario -FII Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Inter Residence Fundo DE Investimento Imobiliario -FII's accounts receivables for the quarter that ended in Jun. 2024 was R$1.49 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Inter Residence Fundo DE Investimento Imobiliario -FII's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 26.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Inter Residence Fundo DE Investimento Imobiliario -FII's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was R$1.67.


Inter Residence Fundo DE Investimento Imobiliario -FII Accounts Receivable Historical Data

The historical data trend for Inter Residence Fundo DE Investimento Imobiliario -FII'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.

Inter Residence Fundo DE Investimento Imobiliario -FII Accounts Receivable Chart

Inter Residence Fundo DE Investimento Imobiliario -FII Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Accounts Receivable
- 0.64 0.82 1.05

Inter Residence Fundo DE Investimento Imobiliario -FII Semi-Annual Data
Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable - 0.64 0.82 1.05 1.49

Inter Residence Fundo DE Investimento Imobiliario -FII Accounts Receivable Calculation

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


Inter Residence Fundo DE Investimento Imobiliario -FII 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.

Inter Residence Fundo DE Investimento Imobiliario -FII's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.494/10.474*91
=26.03

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Inter Residence Fundo DE Investimento Imobiliario -FII's accounts receivable are only considered to be worth 75% of book value:

Inter Residence Fundo DE Investimento Imobiliario -FII's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(1.581+0.75 * 1.494+0.5 * 0-0.81
-0-0)/1.13071
=1.67

* 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.


Inter Residence Fundo DE Investimento Imobiliario -FII Accounts Receivable Related Terms

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Inter Residence Fundo DE Investimento Imobiliario -FII Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenue Presidente Juscelino Kubitschek, 1400 - 8th Floor, Condminio Maria Cecilia Lara Campos - Itaim Bibi, Sao Paulo, SP, BRA, 04543-000
Inter Residence Fundo DE Investimento Imobiliario -FII formerly Luggo Fundo DE Investimento Imobiliario - FII is a real estate investment fund which focuses its investments in the residential construction sector.

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