IGPYF (Argosy Property) Accounts Receivable: $1.87 Mil (As of Mar. 2026)

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IGPYF Argosy Property Ltd IGPYF
70 GF Score
Price $0.75
GF Value $0.74
! 9 Warning Signs
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What is Argosy Property Accounts Receivable?

Argosy Property IGPYF 70 Accounts Receivable is $1.87 Mil as of Mar. 2026. GuruFocus rates IGPYF with a GF Score™ of 70/100 and a GF Value™ of $0.74. The stock has 9 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Argosy Property's accounts receivables for the quarter that ended in Mar. 2026 was $1.87 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Argosy Property's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 7.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Argosy Property's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-0.63.


Argosy Property 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.

Argosy Property's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.865/46.506*91
=7.32

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

Argosy Property's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(1.982+0.75 * 1.865+0.5 * 0-553.179
-0-0)/873.475
=-0.63

* 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.


Argosy Property Accounts Receivable Related Terms


Argosy Property Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Argosy Property'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.

Argosy Property Accounts Receivable Chart

Argosy Property Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.07 1.04 1.22 1.87

Argosy Property Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.04 0.89 1.22 0.98 1.87
IGPYF
70GF Score
Argosy Property Ltd IGPYF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Argosy Property 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 $1.87 Mil mean?
Argosy Property (IGPYF) has a Accounts Receivable of $1.87 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Argosy Property and its competitors.
Is Argosy Property's Accounts Receivable too high?
Argosy Property's current Accounts Receivable is $1.87 Mil. Overall, Argosy Property has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Argosy Property's Accounts Receivable compare to VICI and WPC?
Argosy Property's Accounts Receivable of $1.87 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 Argosy Property and its competitors. Argosy Property's current Accounts Receivable is $1.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argosy Property stock overvalued right now?
Argosy Property (IGPYF) has a current Accounts Receivable of $1.87 Mil. The stock's GF Value™ is $0.74, compared to a current price of $0.75 — trading 1.4% above its estimated fair value. The current Accounts Receivable is $1.87 Mil. Argosy Property's overall GF Score™ is 70/100 with 9 warning signs to review. 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 Argosy Property (IGPYF), the current Accounts Receivable is $1.87 Mil as of Mar. 2026. 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.

Is Argosy Property (IGPYF) Overvalued in 2026?

Based on GuruFocus' analysis, Argosy Property stock appears to be overvalued. The current stock price of $0.75 is trading 1.4% above its estimated GF Value™ of $0.74.

Key valuation signals for IGPYF:

  • Accounts Receivable: $1.87 Mil
  • GF Value™: $0.74 vs. price of $0.75 (1.4% above fair value)
  • GF Score™: 70/100 with 9 warning signs

No single metric tells the full story. See the IGPYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Argosy Property Business Description

Industry Real EstateREITs
Other Exchanges ARG:New Zealand
Address Victoria Street West, P.O. Box 90214, 39 Market Place, Auckland, NTL, NZL, 1142
Argosy Property Ltd's business activity is to invest in and actively manage properties, including Industrial, Office, and Large Format Retail properties, predominantly in Auckland and New Zealand. The company's portfolio is centered on the Auckland and Wellington markets and is diversified by industrial, office, and large-format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centers, and entertainment venues.
70GF Score

Get the complete analysis for IGPYF

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.75
Price
$0.74
GF Value