Hospitality Property Fund (JSE:TSP) Change In Receivables: R0.00 Mil (TTM As of Sep. 2020)

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What is Hospitality Property Fund Change In Receivables?

Hospitality Property Fund JSE:TSP 11 Change In Receivables is R0.00 Mil as of Sep. 2020. GuruFocus rates JSE:TSP with a GF Score™ of 11/100. The stock has 8 warning signs investors should review.

Hospitality Property Fund's change in receivables for the quarter that ended in Sep. 2020 was R0.00 Mil. It means Hospitality Property Fund's Accounts Receivable stayed the same from Mar. 2020 to Sep. 2020 .

Hospitality Property Fund's change in receivables for the fiscal year that ended in Mar. 2020 was R72.03 Mil. It means Hospitality Property Fund's Accounts Receivable declined by R72.03 Mil from Mar. 2019 to Mar. 2020 .

Hospitality Property Fund's Accounts Receivable for the quarter that ended in Sep. 2020 was R183.17 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. Hospitality Property Fund's Days Sales Outstanding for the six months ended in Sep. 2020 was 390.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hospitality Property Fund's liquidation value for the six months ended in Sep. 2020 was R-2,529.95 Mil.

Hospitality Property Fund  (JSE:TSP) 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.

Hospitality Property Fund's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=183.171/85.538*91
=390.81

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

Hospitality Property Fund's liquidation value for the quarter that ended in Sep. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=71.551-2739.35+0.75 * 183.171+0.5 * 0.932
=-2,529.95

* 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.

Hospitality Property Fund Change In Receivables Related Terms

Hospitality Property Fund Change In Receivables Historical Data

* Premium members only.

The historical data trend for Hospitality 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.

Hospitality Property Fund Change In Receivables Chart

Hospitality Property Fund Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Mar18 Mar19 Mar20
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.95 14.00 -18.38 -10.60 72.03

Hospitality Property Fund Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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 0.00 0.00 0.00 0.00 0.00

Hospitality 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. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.00 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 R0.00 Mil mean?
Hospitality Property Fund (JSE:TSP) has a Change In Receivables of R0.00 Mil as of Sep. 2020. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hospitality Property Fund and its competitors.
Is Hospitality Property Fund's Change In Receivables too high?
Hospitality Property Fund's current Change In Receivables is R0.00 Mil. Overall, Hospitality Property Fund has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Hospitality Property Fund's Change In Receivables compare to HST and PK?
Hospitality Property Fund's Change In Receivables of R0.00 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 Hospitality Property Fund and its competitors. Hospitality Property Fund's current Change In Receivables is R0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hospitality Property Fund stock overvalued right now?
Hospitality Property Fund (JSE:TSP) has a current Change In Receivables of R0.00 Mil. The current Change In Receivables is R0.00 Mil. Hospitality Property Fund's overall GF Score™ is 11/100 with 8 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 Hospitality Property Fund (JSE:TSP), the current Change In Receivables is R0.00 Mil as of Sep. 2020. 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.

Hospitality Property Fund Business Description

Industry Real EstateREITs
Address Montecasino Boulevard, Palazzo Towers West, Fourways, Johannesburg, ZAF, 2055
Hospitality Property Fund Ltd is a specialised real estate investment trust investing in the hotel and leisure sector, providing investors with exposure to both the property and hospitality industries. The company's portfolio caters to a wide-ranging domestic and international market and accommodates various segments including corporate, government, leisure, group conferencing and event business. The properties are well diversified in terms of geographic location and class of hotel, thus mitigating the inherent risks associated within the cyclical nature of the hospitality industry.