GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SOSiLA Logistics REIT Inc (TSE:2979) » Definitions » Accounts Receivable

SOSiLA Logistics REIT (TSE:2979) Accounts Receivable : 円370 Mil (As of May. 2024)


View and export this data going back to 2019. Start your Free Trial

What is SOSiLA Logistics REIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SOSiLA Logistics REIT's accounts receivables for the quarter that ended in May. 2024 was 円370 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SOSiLA Logistics REIT's Days Sales Outstanding for the quarter that ended in May. 2024 was 15.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SOSiLA Logistics REIT's Net-Net Working Capital per share for the quarter that ended in May. 2024 was 円-87,566.04.


SOSiLA Logistics REIT Accounts Receivable Historical Data

The historical data trend for SOSiLA Logistics REIT'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.

SOSiLA Logistics REIT Accounts Receivable Chart

SOSiLA Logistics REIT Annual Data
Trend Nov19 Nov20 Nov21 Nov22
Accounts Receivable
- 212.30 293.16 284.21

SOSiLA Logistics REIT Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Accounts Receivable Get a 7-Day Free Trial 290.30 284.21 279.65 331.04 369.61

SOSiLA Logistics REIT Accounts Receivable Calculation

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


SOSiLA Logistics REIT 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.

SOSiLA Logistics REIT's Days Sales Outstanding for the quarter that ended in May. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=369.61/4252.258*91
=15.86

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

SOSiLA Logistics REIT's Net-Net Working Capital Per Share for the quarter that ended in May. 2024 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)
=(3139.947+0.75 * 369.61+0.5 * 0-67121.45
-0-0)/0.7275
=-87,566.04

* 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.


SOSiLA Logistics REIT Accounts Receivable Related Terms

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


SOSiLA Logistics REIT Business Description

Traded in Other Exchanges
N/A
Address
Otemachi Place East Tower 2-3-2 Otemachi, Logistics Facilities Division, Chiyoda-ku, Tokyo, JPN
SOSiLA Logistics REIT Inc offers logistics services. It offers facility based on the three themes Sociability, Sustainability and Logistic Aspect considering the environment and sustainable growth; and people and the work environment.

SOSiLA Logistics REIT Headlines

No Headlines