GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Artis Real Estate Investment Trust (TSX:AX.PR.U.PFD) » Definitions » Accounts Receivable

Artis Real Estate Investment Trust (TSX:AX.PR.U.PFD) Accounts Receivable : $3.74 Mil (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Artis Real Estate Investment Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Artis Real Estate Investment Trust's accounts receivables for the quarter that ended in Dec. 2023 was $3.74 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Artis Real Estate Investment Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 5.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Artis Real Estate Investment Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $N/A.


Artis Real Estate Investment Trust Accounts Receivable Historical Data

The historical data trend for Artis Real Estate Investment 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.

Artis Real Estate Investment Trust Accounts Receivable Chart

Artis Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.16 4.42 4.36 3.85 3.74

Artis Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.85 4.35 4.56 2.59 3.74

Artis Real Estate Investment Trust Accounts Receivable Calculation

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


Artis Real Estate Investment 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.

Artis Real Estate Investment 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
=3.74/60.295*91
=5.66

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

Artis Real Estate Investment 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)
=(21.571+0.75 * 3.74+0.5 * 426.178-1504.694
-142.879-0)/0
=N/A

* 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.


Artis Real Estate Investment Trust Accounts Receivable Related Terms

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


Artis Real Estate Investment Trust (TSX:AX.PR.U.PFD) Business Description

Address
220 Portage Avenue, Suite 600, Winnipeg, MB, CAN, R3C 0A5
Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and selects markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

Artis Real Estate Investment Trust (TSX:AX.PR.U.PFD) Headlines

No Headlines