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Westfield (ASX:WFD) Change In Receivables : A$0 Mil (TTM As of Dec. 2017)


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What is Westfield Change In Receivables?

Westfield's change in receivables for the quarter that ended in Dec. 2017 was A$0 Mil. It means Westfield's Accounts Receivable stayed the same from Jun. 2017 to Dec. 2017 .

Westfield's change in receivables for the fiscal year that ended in Dec. 2017 was A$0 Mil. It means Westfield's Accounts Receivable stayed the same from Dec. 2016 to Dec. 2017 .

Westfield's Accounts Receivable for the quarter that ended in Dec. 2017 was A$46 Mil.

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 Receivable are being managed. Westfield's Days Sales Outstanding for the six months ended in Dec. 2017 was 14.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Westfield's liquidation value for the six months ended in Dec. 2017 was A$-12,581 Mil.


Westfield Change In Receivables Historical Data

The historical data trend for Westfield's Change In Receivables 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.

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Westfield Change In Receivables Chart

Westfield Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Change In Receivables
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Westfield Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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Westfield Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0 Mil.

* 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.


Westfield  (ASX:WFD) Change In Receivables 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 Receivable are being managed.

Westfield's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=45.641/582.514*91
=14.30

2. In Ben Graham's calculation of liquidation value, Westfield's accounts receivable are only considered to be worth 75% of book value:

Westfield's liquidation value for the quarter that ended in Dec. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=642.564-13301.667+0.75 * 45.641+0.5 * 88.462
=-12,581

* 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.


Westfield Change In Receivables Related Terms

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Westfield (ASX:WFD) Business Description

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Westfield is one of the largest global retail REITs, with interests in 35 malls with a gross value of USD 21.4 billion and external assets under management of USD 13 billion. Westfield's passive investments generate about 80% of group EBIT, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, and aims to make each of its assets into a destination centre, with comprehensive entertainment facilities and premium retailers.

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