Redefine Properties (JSE:RDF) Accounts Receivable: R1,077 Mil (As of Feb. 2026)

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JSE:RDF Redefine Properties Ltd JSE:RDF
58 GF Score
Price R6.38
GF Value R3.62
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Redefine Properties Accounts Receivable?

Redefine Properties JSE:RDF +0.16% 58 Accounts Receivable is R1,077 Mil as of Feb. 2026. GuruFocus rates JSE:RDF with a GF Score™ of 58/100 and a GF Value™ of R3.62 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Redefine Properties's accounts receivables for the quarter that ended in Feb. 2026 was R1,077 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Redefine Properties's Days Sales Outstanding for the quarter that ended in Feb. 2026 was 35.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Redefine Properties's Net-Net Working Capital per share for the quarter that ended in Feb. 2026 was R-6.59.


Redefine Properties 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.

Redefine Properties's Days Sales Outstanding for the quarter that ended in Feb. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1077.114/5593.67*91
=35.14

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

Redefine Properties's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(1052.313+0.75 * 1077.114+0.5 * 0-47501.77
-0-319.663)/6977.976
=-6.59

* 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.


Redefine Properties Accounts Receivable Related Terms


Redefine Properties Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Redefine Properties'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.

Redefine Properties Accounts Receivable Chart

Redefine Properties Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 400.51 410.18 476.59 549.75 469.82

Redefine Properties Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1,142.12 549.75 1,240.66 469.82 1,077.11
JSE:RDF
58GF Score
Redefine Properties Ltd JSE:RDF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Redefine Properties 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 R1,077 Mil mean?
Redefine Properties (JSE:RDF) has a Accounts Receivable of R1,077 Mil as of Feb. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Redefine Properties and its competitors.
Is Redefine Properties' Accounts Receivable too high?
Redefine Properties' current Accounts Receivable is R1,077 Mil. Overall, Redefine Properties has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redefine Properties' Accounts Receivable compare to VICI and WPC?
Redefine Properties' Accounts Receivable of R1,077 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 Redefine Properties and its competitors. Redefine Properties's current Accounts Receivable is R1,077 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redefine Properties stock overvalued right now?
Based on GuruFocus' analysis, Redefine Properties (JSE:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.62, compared to a current price of R6.38 — trading 76.2% above its estimated fair value. The current Accounts Receivable is R1,077 Mil. Redefine Properties' overall GF Score™ is 58/100 with 12 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 Redefine Properties (JSE:RDF), the current Accounts Receivable is R1,077 Mil as of Feb. 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 Redefine Properties (JSE:RDF) Overvalued in 2026?

Based on GuruFocus' analysis, Redefine Properties stock appears to be overvalued. The current stock price of R6.38 is trading 76.2% above its estimated GF Value™ of R3.62. GuruFocus considers Redefine Properties to be Significantly Overvalued.

Key valuation signals for JSE:RDF:

  • Accounts Receivable: R1,077 Mil
  • GF Value™: R3.62 vs. price of R6.38 (76.2% above fair value)
  • GF Score™: 58/100 with 12 warning signs

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


Redefine Properties Business Description

Industry Real EstateREITs
Other Exchanges RDPEF:USA
Address 155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland. Within South Africa, over half of the Company's properties by total value are situated in the province of Gauteng. The Group comprises the South Africa portfolio segment, including office, retail, industrial, specialised, and head office. Its international portfolio includes EPP, which is mainly retail; Redefine Europe, which is mainly industrial; Self Storage Investments, which is mainly self-storage; and Lango Real Estate, which represents the head office, along with head office funding related to international investments.
58GF Score

Get the complete analysis for JSE:RDF

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

R6.38
Price
R3.62
GF Value