GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa House Logistics Trust (SGX:DHLU) » Definitions » Accounts Receivable

Daiwa House Logistics Trust (SGX:DHLU) Accounts Receivable : S$0.67 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Daiwa House Logistics Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Daiwa House Logistics Trust's accounts receivables for the quarter that ended in Dec. 2023 was S$0.67 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Daiwa House Logistics Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 4.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Daiwa House Logistics Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$-0.72.


Daiwa House Logistics Trust Accounts Receivable Historical Data

The historical data trend for Daiwa House Logistics Trust'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.

Daiwa House Logistics Trust Accounts Receivable Chart

Daiwa House Logistics Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec22 Dec23
Accounts Receivable
- - - 0.35 0.67

Daiwa House Logistics Trust Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial - - - 0.62 0.67

Daiwa House Logistics Trust Accounts Receivable Calculation

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


Daiwa House Logistics Trust 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.

Daiwa House Logistics Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.667/28.952*91
=4.20

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

Daiwa House Logistics Trust's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(45.801+0.75 * 0.667+0.5 * 0-548.262
-0-0)/696.066
=-0.72

* 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.


Daiwa House Logistics Trust Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Daiwa House Logistics Trust's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Daiwa House Logistics Trust (SGX:DHLU) Business Description

Traded in Other Exchanges
N/A
Address
8 Marina View, No. 14-09 Asia Square Tower 1, Singapore, SGP, 018960
Daiwa House Logistics Trust is a real estate investment trust established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia. The DHLT Portfolio comprises 16 high-quality properties that are diversified across different regions in Japan, including the Greater Tokyo region and core regional markets in Japan.

Daiwa House Logistics Trust (SGX:DHLU) Headlines

No Headlines