Accelerate Property Fund (JSE:APF) Change In Receivables: R8.7 Mil (TTM As of Sep. 2025)

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JSE:APF Accelerate Property Fund Ltd JSE:APF
30 GF Score
Price R0.45
GF Value R0.36
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Accelerate Property Fund Change In Receivables?

Accelerate Property Fund JSE:APF 30 Change In Receivables is R8.7 Mil as of Sep. 2025. GuruFocus rates JSE:APF with a GF Score™ of 30/100 and a GF Value™ of R0.36 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Accelerate Property Fund's change in receivables for the quarter that ended in Sep. 2025 was R43.3 Mil. It means Accelerate Property Fund's Accounts Receivable declined by R43.3 Mil from Mar. 2025 to Sep. 2025 .

Accelerate Property Fund's change in receivables for the fiscal year that ended in Mar. 2025 was R-39.0 Mil. It means Accelerate Property Fund's Accounts Receivable increased by R39.0 Mil from Mar. 2024 to Mar. 2025 .

Accelerate Property Fund's Accounts Receivable for the quarter that ended in Sep. 2025 was R144.7 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. Accelerate Property Fund's Days Sales Outstanding for the six months ended in Sep. 2025 was 61.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Accelerate Property Fund's liquidation value for the six months ended in Sep. 2025 was R-3,928.2 Mil.


Accelerate Property Fund  (JSE:APF) 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.

Accelerate Property Fund's Days Sales Outstanding for the quarter that ended in Sep. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=144.72/430.047*91
=61.42

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

Accelerate Property Fund's liquidation value for the quarter that ended in Sep. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=93.401-4130.181+0.75 * 144.72+0.5 * 0
=-3,928.2

* 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.


Accelerate Property Fund Change In Receivables Related Terms


Accelerate Property Fund Change In Receivables Historical Data

* Premium members only.

The historical data trend for Accelerate Property Fund'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.

Accelerate Property Fund Change In Receivables Chart

Accelerate Property Fund Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.44 -249.54 -84.43 -85.71 -39.02

Accelerate Property Fund Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Change In Receivables 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 -83.81 -1.90 -4.43 -34.59 43.32
JSE:APF
30GF Score
Accelerate Property Fund Ltd JSE:APF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Accelerate Property Fund 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R8.7 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 R8.7 Mil mean?
Accelerate Property Fund (JSE:APF) has a Change In Receivables of R8.7 Mil as of Sep. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Accelerate Property Fund and its competitors.
Is Accelerate Property Fund's Change In Receivables too high?
Accelerate Property Fund's current Change In Receivables is R8.7 Mil. Overall, Accelerate Property Fund has a GF Score™ of 30/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accelerate Property Fund's Change In Receivables compare to SPG and O?
Accelerate Property Fund's Change In Receivables of R8.7 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 Accelerate Property Fund and its competitors. Accelerate Property Fund's current Change In Receivables is R8.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Accelerate Property Fund (JSE:APF) is currently considered Modestly Overvalued. The stock's GF Value™ is R0.36, compared to a current price of R0.45 — trading 25% above its estimated fair value. The current Change In Receivables is R8.7 Mil. Accelerate Property Fund's overall GF Score™ is 30/100 with 5 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 Accelerate Property Fund (JSE:APF), the current Change In Receivables is R8.7 Mil as of Sep. 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.

Is Accelerate Property Fund (JSE:APF) Overvalued in 2026?

Based on GuruFocus' analysis, Accelerate Property Fund stock appears to be overvalued. The current stock price of R0.45 is trading 25% above its estimated GF Value™ of R0.36. GuruFocus considers Accelerate Property Fund to be Modestly Overvalued.

Key valuation signals for JSE:APF:

  • Change In Receivables: R8.7 Mil
  • GF Value™: R0.36 vs. price of R0.45 (25% above fair value)
  • GF Score™: 30/100 with 5 warning signs

No single metric tells the full story. See the JSE:APF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Accelerate Property Fund Business Description

Industry Real EstateREITs
Address 1st Floor, Corner Willow Avenue and Cedar Road, Cedar Square Shopping Centre, Management Office, Fourways, Johannesburg, GT, ZAF, 2055
Accelerate Property Fund Ltd is a retail-focused property fund. It functions through three operating segments. The industrial segment acquires, develops, and leases warehouses and factories. The retail segment acquires, develops, and leases shopping malls, community centers as well as retail centers. Commercial segment acquires develops and leases offices. Out of which Retail segment is a key revenue driver. Geographically, it has a presence in South Africa, Austria, and Slovakia, out of which the majority of its revenue is generated from South Africa.
30GF Score

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

R0.45
Price
R0.36
GF Value