WRFRF (Wharf Real Estate Investment Co) Accounts Receivable : $28 Mil (As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Wharf Real Estate Investment Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wharf Real Estate Investment Co's accounts receivables for the quarter that ended in Dec. 2024 was $28 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wharf Real Estate Investment Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 6.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wharf Real Estate Investment Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-2.05.

Wharf Real Estate Investment Co Accounts Receivable Historical Data

The historical data trend for Wharf Real Estate Investment Co'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.

Wharf Real Estate Investment Co Accounts Receivable Chart

Wharf Real Estate Investment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

Get a 7-Day Free Trial

49.54

33.34

27.10

33.04

27.92

Wharf Real Estate Investment Co Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial															27.10	29.24	33.04	32.91	27.92

Wharf Real Estate Investment Co Accounts Receivable Calculation

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

Wharf Real Estate Investment Co 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.

Wharf Real Estate Investment Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	27.916	/	824.736	*	91
=	6.18

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

Wharf Real Estate Investment Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(168.266	+	0.75 * 27.916	+	0.5 * 122.083	-	5928.937
-	0	-	535.673)	/	3036.227
=	-2.05

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.

Wharf Real Estate Investment Co Accounts Receivable Related Terms

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

Wharf Real Estate Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wharf Real Estate Investment Co Ltd (OTCPK:WRFRF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

01997:Hong Kong 4WF:Germany

Address

16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG

Website

https://www.wharfreic.com

Wharf spun off Wharf Real Estate Investment Co. in November 2017. It is a leading property investor with a focus on prime retail assets in Hong Kong. Rental income from flagship assets Harbour City and Times Square accounts for over 80% of revenue. The balance comes from Plaza Hollywood, The Murray, and Marco Polo hotels, and two offices in the central business district. The group also holds two malls in Singapore and a mixed development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city center and waterfront locations. The Harbour City site had been wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 45% stake in the group.