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Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11) Accounts Receivable : R$1.93 Mil (As of Dec. 2022)


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What is Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's accounts receivables for the quarter that ended in Dec. 2022 was R$1.93 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. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was R$-100.06.


Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Accounts Receivable Historical Data

The historical data trend for Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario'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.

Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Accounts Receivable Chart

Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
1.69 1.93 1.80

Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Quarterly Data
Dec21 Dec22 Dec23
Accounts Receivable 1.69 1.93 1.80

Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Accounts Receivable Calculation

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


Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario 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.

Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.929/0*91
=

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

Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(3.722+0.75 * 1.929+0.5 * 0-126.558
-0-0)/1.21314
=-100.06

* 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.


Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Accounts Receivable Related Terms

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Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11) Business Description

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Tishman Speyer Renda Corporativa Fundo DE Investimento Imobiliario acquires, repositions, develops, and operates office, retail, and residential projects. The company focuses on prime assets located in the central business districts of major metropolitan areas in the United States, Europe, Brazil, China, and India.

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