Delta Property Fund (JSE:DLT) Change In Receivables: R-28 Mil (TTM As of Feb. 2026)

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JSE:DLT Delta Property Fund Ltd JSE:DLT
25 GF Score
Price R0.37
GF Value R0.23
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Delta Property Fund Change In Receivables?

Delta Property Fund JSE:DLT -7.50% 25 Change In Receivables is R-28 Mil as of Feb. 2026. GuruFocus rates JSE:DLT with a GF Score™ of 25/100 and a GF Value™ of R0.23 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Delta Property Fund's change in receivables for the quarter that ended in Feb. 2026 was R-18 Mil. It means Delta Property Fund's Accounts Receivable increased by R18 Mil from Aug. 2025 to Feb. 2026 .

Delta Property Fund's change in receivables for the fiscal year that ended in Feb. 2026 was R-28 Mil. It means Delta Property Fund's Accounts Receivable increased by R28 Mil from Feb. 2025 to Feb. 2026 .

Delta Property Fund's Accounts Receivable for the quarter that ended in Feb. 2026 was R112 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. Delta Property Fund's Days Sales Outstanding for the six months ended in Feb. 2026 was 35.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Delta Property Fund's liquidation value for the six months ended in Feb. 2026 was R-3,839 Mil.

Delta Property Fund  (JSE:DLT) 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.

Delta Property Fund's Days Sales Outstanding for the quarter that ended in Feb. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=111.75/575.331*91
=35.45

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

Delta Property Fund's liquidation value for the quarter that ended in Feb. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9.389-3932.59+0.75 * 111.75+0.5 * 0
=-3,839

* 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.

Delta Property Fund Change In Receivables Related Terms

Delta Property Fund Change In Receivables Historical Data

* Premium members only.

The historical data trend for Delta 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.

Delta Property Fund Change In Receivables Chart

Delta Property Fund Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.96 91.57 64.19 -80.93 -28.00

Delta Property Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -2.35 -48.44 -32.49 -9.73 -18.27
JSE:DLT
25GF Score
Delta Property Fund Ltd JSE:DLT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta 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 Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-28 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-28 Mil mean?
Delta Property Fund (JSE:DLT) has a Change In Receivables of R-28 Mil as of Feb. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Delta Property Fund and its competitors.
Is Delta Property Fund's Change In Receivables too high?
Delta Property Fund's current Change In Receivables is R-28 Mil. Overall, Delta Property Fund has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's Change In Receivables compare to BXP and ARE?
Delta Property Fund's Change In Receivables of R-28 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 Delta Property Fund and its competitors. Delta Property Fund's current Change In Receivables is R-28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.37 — trading 60.9% above its estimated fair value. The current Change In Receivables is R-28 Mil. Delta Property Fund's overall GF Score™ is 25/100 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 Delta Property Fund (JSE:DLT), the current Change In Receivables is R-28 Mil as of Feb. 2026. 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 Delta Property Fund (JSE:DLT) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued. The current stock price of R0.37 is trading 60.9% above its estimated GF Value™ of R0.23. GuruFocus considers Delta Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:DLT:

  • Change In Receivables: R-28 Mil
  • GF Value™: R0.23 vs. price of R0.37 (60.9% above fair value)
  • GF Score™: 25/100 with 5 warning signs

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

Delta Property Fund Business Description

Industry Real EstateREITs
Address 10 Muswell Road South, Building 3, Silver Stream Office Park, Bryanston, Sandton, Johannesburg, GT, ZAF, 2021
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
25GF Score

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

R0.37
Price
R0.23
GF Value