Accelerate Property Fund (JSE:APF) Accounts Receivable: R37.4 Mil (As of Mar. 2026)

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JSE:APF Accelerate Property Fund Ltd JSE:APF
30 GF Score
Price R0.41
GF Value R0.32
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Accelerate Property Fund Accounts Receivable?

Accelerate Property Fund JSE:APF -2.38% 30 Accounts Receivable is R37.4 Mil as of Mar. 2026. GuruFocus rates JSE:APF with a GF Score™ of 30/100 and a GF Value™ of R0.32 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Accelerate Property Fund's accounts receivables for the quarter that ended in Mar. 2026 was R37.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Accelerate Property Fund's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 27.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Accelerate Property Fund's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was R-1.47.


Accelerate Property 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=37.394/248.891*91
=27.42

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

Accelerate Property Fund'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)
=(110.456+0.75 * 37.394+0.5 * 0-3142.365
-0-0)/2045.495
=-1.47

* 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.


Accelerate Property Fund Accounts Receivable Related Terms


Accelerate Property Fund Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Accelerate Property 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.

Accelerate Property Fund Accounts Receivable Chart

Accelerate Property Fund 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 400.20 221.33 176.26 70.98 37.39

Accelerate Property Fund 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 176.26 994.15 70.98 144.72 37.39
JSE:APF
30GF Score
Accelerate Property Fund Ltd JSE:APF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Accelerate Property 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 R37.4 Mil mean?
Accelerate Property Fund (JSE:APF) has a Accounts Receivable of R37.4 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Accelerate Property Fund and its competitors.
Is Accelerate Property Fund's Accounts Receivable too high?
Accelerate Property Fund's current Accounts Receivable is R37.4 Mil. Overall, Accelerate Property Fund has a GF Score™ of 30/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accelerate Property Fund's Accounts Receivable compare to SPG and O?
Accelerate Property Fund's Accounts Receivable of R37.4 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 Accelerate Property Fund and its competitors. Accelerate Property Fund's current Accounts Receivable is R37.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Accelerate Property Fund (JSE:APF) is currently considered Modestly Overvalued. The stock's GF Value™ is R0.32, compared to a current price of R0.41 — trading 28.1% above its estimated fair value. The current Accounts Receivable is R37.4 Mil. Accelerate Property Fund's overall GF Score™ is 30/100 with 6 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 Accelerate Property Fund (JSE:APF), the current Accounts Receivable is R37.4 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 Accelerate Property Fund (JSE:APF) Overvalued in 2026?

Based on GuruFocus' analysis, Accelerate Property Fund stock appears to be overvalued. The current stock price of R0.41 is trading 28.1% above its estimated GF Value™ of R0.32. GuruFocus considers Accelerate Property Fund to be Modestly Overvalued.

Key valuation signals for JSE:APF:

  • Accounts Receivable: R37.4 Mil
  • GF Value™: R0.32 vs. price of R0.41 (28.1% above fair value)
  • GF Score™: 30/100 with 6 warning signs

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


Accelerate Property Fund Business Description

Industry Real EstateREITs
Address 1st Floor, Corner Willow Avenue and Cedar Road, Cedar Square Shopping Centre, Management Office, Fourways, Johannesburg, GT, ZAF, 2055
Accelerate Property Fund Ltd is a retail-focused property fund. It functions through three operating segments. The industrial segment acquires, develops, and leases warehouses and factories. The retail segment acquires, develops, and leases shopping malls, community centers as well as retail centers. Commercial segment acquires develops and leases offices. Out of which Retail segment is a key revenue driver. Geographically, it has a presence in South Africa, Austria, and Slovakia, out of which the majority of its revenue is generated from South Africa.
30GF Score

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

R0.41
Price
R0.32
GF Value