Gazit Malls Fundo De Investimento Imobiliario (BSP:GZIT11) Change In Receivables: R$0.7 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:GZIT11 Gazit Malls Fundo De Investimento Imobiliario BSP:GZIT11
19 GF Score
Price R$37.65
! 6 Warning Signs
View Full Analysis

What is Gazit Malls Fundo De Investimento Imobiliario Change In Receivables?

Gazit Malls Fundo De Investimento Imobiliario BSP:GZIT11 +0.82% 19 Change In Receivables is R$0.7 Mil as of Dec. 2025. GuruFocus rates BSP:GZIT11 with a GF Score™ of 19/100. The stock has 6 warning signs investors should review.

Gazit Malls Fundo De Investimento Imobiliario's change in receivables for the quarter that ended in Dec. 2025 was R$0.7 Mil. It means Gazit Malls Fundo De Investimento Imobiliario's Accounts Receivable declined by R$0.7 Mil from Dec. 2024 to Dec. 2025 .

Gazit Malls Fundo De Investimento Imobiliario's change in receivables for the fiscal year that ended in Dec. 2025 was R$0.7 Mil. It means Gazit Malls Fundo De Investimento Imobiliario's Accounts Receivable declined by R$0.7 Mil from Dec. 2024 to Dec. 2025 .

Gazit Malls Fundo De Investimento Imobiliario's Accounts Receivable for the quarter that ended in Dec. 2025 was R$34.5 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. Gazit Malls Fundo De Investimento Imobiliario's Days Sales Outstanding for the six months ended in Dec. 2025 was 38.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gazit Malls Fundo De Investimento Imobiliario's liquidation value for the six months ended in Dec. 2025 was R$-406.6 Mil.


Gazit Malls Fundo De Investimento Imobiliario  (BSP:GZIT11) 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.

Gazit Malls Fundo De Investimento Imobiliario's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=34.465/161.912*91
=38.85

2. In Ben Graham's calculation of liquidation value, Gazit Malls Fundo De Investimento Imobiliario's accounts receivable are only considered to be worth 75% of book value:

Gazit Malls Fundo De Investimento Imobiliario's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=398.13-830.544+0.75 * 34.465+0.5 * 0
=-406.6

* 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.


Gazit Malls Fundo De Investimento Imobiliario Change In Receivables Related Terms


Gazit Malls Fundo De Investimento Imobiliario Change In Receivables Historical Data

* Premium members only.

The historical data trend for Gazit Malls Fundo De Investimento Imobiliario'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.

Gazit Malls Fundo De Investimento Imobiliario Change In Receivables Chart

Gazit Malls Fundo De Investimento Imobiliario Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial 16.27 9.80 -35.40 -0.66 0.69

Gazit Malls Fundo De Investimento Imobiliario Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables Get a 7-Day Free Trial 16.27 9.80 -35.40 -0.66 0.69
BSP:GZIT11
19GF Score
Gazit Malls Fundo De Investimento Imobiliario BSP:GZIT11
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gazit Malls Fundo De Investimento Imobiliario 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.7 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of R$0.7 Mil mean?
Gazit Malls Fundo De Investimento Imobiliario (BSP:GZIT11) has a Change In Receivables of R$0.7 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Gazit Malls Fundo De Investimento Imobiliario and its competitors.
Is Gazit Malls Fundo De Investimento Imobiliario's Change In Receivables too high?
Gazit Malls Fundo De Investimento Imobiliario's current Change In Receivables is R$0.7 Mil. Overall, Gazit Malls Fundo De Investimento Imobiliario has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Gazit Malls Fundo De Investimento Imobiliario's Change In Receivables compare to EQIX and AMT?
Gazit Malls Fundo De Investimento Imobiliario's Change In Receivables of R$0.7 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a REITs company?
A good Change In Receivables depends on the REITs industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Gazit Malls Fundo De Investimento Imobiliario and its competitors. Gazit Malls Fundo De Investimento Imobiliario's current Change In Receivables is R$0.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazit Malls Fundo De Investimento Imobiliario stock overvalued right now?
Gazit Malls Fundo De Investimento Imobiliario (BSP:GZIT11) has a current Change In Receivables of R$0.7 Mil. The current Change In Receivables is R$0.7 Mil. Gazit Malls Fundo De Investimento Imobiliario's overall GF Score™ is 19/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Gazit Malls Fundo De Investimento Imobiliario (BSP:GZIT11), the current Change In Receivables is R$0.7 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gazit Malls Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501, 6th Floor- Botafogo, Rio de Janeiro, RJ, BRA, 22250-040
Gazit Malls Fundo de Investimento Imobiliário is a Brazilian real estate investment fund (fundo de investimento imobiliário, or FII) focused on shopping center assets. The fund invests in and manages income-producing retail properties, primarily shopping malls, and derives revenue from rental income paid by mall tenants, which include national and international retail chains, local merchants, and service providers such as food courts, cinemas, and entertainment operators. Its portfolio is concentrated in Brazilian shopping centers, with exposure to the domestic retail real estate market. The fund is managed by an appointed asset manager and trades on the B3 exchange under the ticker GZIT11, allowing investors to buy and sell quotas on the secondary market. Returns to quota holders come from periodic income distributions funded by rental and operational revenues, as well as potential capital appreciation from the underlying properties. The fund targets investors seeking exposure to Brazilian retail real estate through a listed vehicle.
19GF Score

Get the complete analysis for BSP:GZIT11

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$37.65
Price