AX Real Estate (MAL:AXR) Accounts Receivable: €0.12 Mil (As of Oct. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MAL:AXR AX Real Estate PLC MAL:AXR
26 GF Score
Price €0.49
GF Value €0.82
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is AX Real Estate Accounts Receivable?

AX Real Estate MAL:AXR 26 Accounts Receivable is €0.12 Mil as of Oct. 2025. GuruFocus rates MAL:AXR with a GF Score™ of 26/100 and a GF Value™ of €0.82 (Possible Value Trap). 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. AX Real Estate's accounts receivables for the quarter that ended in Oct. 2025 was €0.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AX Real Estate's Days Sales Outstanding for the quarter that ended in Oct. 2025 was 1.47.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AX Real Estate's Net-Net Working Capital per share for the quarter that ended in Oct. 2025 was €-0.71.


AX Real Estate 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.

AX Real Estate's Days Sales Outstanding for the quarter that ended in Oct. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.117/14.512*91
=1.47

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

AX Real Estate's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2025 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)
=(2.754+0.75 * 0.117+0.5 * 0.242-197.849
-0-0)/274.337
=-0.71

* 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.


AX Real Estate Accounts Receivable Related Terms


AX Real Estate Accounts Receivable Historical Data

* Premium members only.

The historical data trend for AX Real Estate'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.

AX Real Estate Accounts Receivable Chart

AX Real Estate Annual Data
Trend Oct22 Oct23 Oct24 Oct25
Accounts Receivable
0.16 0.20 0.28 0.12

AX Real Estate Semi-Annual Data
Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
Accounts Receivable Get a 7-Day Free Trial 0.20 3.56 0.28 4.29 0.12
MAL:AXR
26GF Score
AX Real Estate PLC MAL:AXR
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AX Real Estate 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 €0.12 Mil mean?
AX Real Estate (MAL:AXR) has a Accounts Receivable of €0.12 Mil as of Oct. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on AX Real Estate and its competitors.
Is AX Real Estate's Accounts Receivable too high?
AX Real Estate's current Accounts Receivable is €0.12 Mil. Overall, AX Real Estate has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AX Real Estate's Accounts Receivable compare to competitors?
AX Real Estate's Accounts Receivable of €0.12 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Accounts Receivable depends on the Real Estate 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 AX Real Estate and its competitors. AX Real Estate's current Accounts Receivable is €0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AX Real Estate stock overvalued right now?
Based on GuruFocus' analysis, AX Real Estate (MAL:AXR) is currently considered Possible Value Trap. The stock's GF Value™ is €0.82, compared to a current price of €0.49 — trading 40.2% below its estimated fair value. The current Accounts Receivable is €0.12 Mil. AX Real Estate's overall GF Score™ is 26/100 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 AX Real Estate (MAL:AXR), the current Accounts Receivable is €0.12 Mil as of Oct. 2025. 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 AX Real Estate (MAL:AXR) Overvalued in 2026?

Based on GuruFocus' analysis, AX Real Estate stock appears to be undervalued. The current stock price of €0.49 is trading 40.2% below its estimated GF Value™ of €0.82. GuruFocus considers AX Real Estate to be Possible Value Trap.

Key valuation signals for MAL:AXR:

  • Accounts Receivable: €0.12 Mil
  • GF Value™: €0.82 vs. price of €0.49 (40.2% below fair value)
  • GF Score™: 26/100 with 9 warning signs

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


AX Real Estate Business Description

Address AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741
AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. It is engaged in four main business sectors namely, Care, Construction, Hospitality, Real Estate, and Development, and is also involved in renewable energy. It generates rental revenues from Hospitality, Care home, Offices, Residential, and Warehousing. It generates the majority of its revenue from the Hospitality segment.
26GF Score

Get the complete analysis for MAL:AXR

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

€0.49
Price
€0.82
GF Value