Tokyu Reit (TSE:8957) Change In Receivables: 円-198 Mil (TTM As of Jan. 2026)

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.

TSE:8957 Tokyu Reit Inc TSE:8957
71 GF Score
Price 円184,000.00
GF Value 円184,484.98
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Tokyu Reit Change In Receivables?

Tokyu Reit TSE:8957 71 Change In Receivables is 円-198 Mil as of Jan. 2026. GuruFocus rates TSE:8957 with a GF Score™ of 71/100 and a GF Value™ of 円184,484.98 (Fairly Valued). The stock has 5 warning signs investors should review.

Tokyu Reit's change in receivables for the quarter that ended in Jan. 2026 was 円-41 Mil. It means Tokyu Reit's Accounts Receivable increased by 円41 Mil from Jul. 2025 to Jan. 2026 .

Tokyu Reit's change in receivables for the fiscal year that ended in Jul. 2025 was 円1 Mil. It means Tokyu Reit's Accounts Receivable declined by 円1 Mil from Jul. 2024 to Jul. 2025 .

Tokyu Reit's Accounts Receivable for the quarter that ended in Jan. 2026 was 円281 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. Tokyu Reit's Days Sales Outstanding for the six months ended in Jan. 2026 was 4.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tokyu Reit's liquidation value for the six months ended in Jan. 2026 was 円-111,168 Mil.

Tokyu Reit  (TSE:8957) 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.

Tokyu Reit's Days Sales Outstanding for the quarter that ended in Jan. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=281.189/10372.468*91
=4.95

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

Tokyu Reit's liquidation value for the quarter that ended in Jan. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=8766.58-120145.924+0.75 * 281.189+0.5 * 0
=-111,168

* 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.

Tokyu Reit Change In Receivables Related Terms

Tokyu Reit Change In Receivables Historical Data

* Premium members only.

The historical data trend for Tokyu Reit'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.

Tokyu Reit Change In Receivables Chart

Tokyu Reit Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.06 -370.06 279.22 -146.70 1.25

Tokyu Reit Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 25.55 -172.25 158.01 -156.76 -40.89
TSE:8957
71GF Score
Tokyu Reit Inc TSE:8957
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyu Reit 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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-198 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 円-198 Mil mean?
Tokyu Reit (TSE:8957) has a Change In Receivables of 円-198 Mil as of Jan. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Tokyu Reit and its competitors.
Is Tokyu Reit's Change In Receivables too high?
Tokyu Reit's current Change In Receivables is 円-198 Mil. Overall, Tokyu Reit has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyu Reit's Change In Receivables compare to VICI and WPC?
Tokyu Reit's Change In Receivables of 円-198 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 Tokyu Reit and its competitors. Tokyu Reit's current Change In Receivables is 円-198 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyu Reit stock overvalued right now?
Based on GuruFocus' analysis, Tokyu Reit (TSE:8957) is currently considered Fairly Valued. The stock's GF Value™ is 円184,484.98, compared to a current price of 円184,000.00 — trading 0.3% below its estimated fair value. The current Change In Receivables is 円-198 Mil. Tokyu Reit's overall GF Score™ is 71/100 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 Tokyu Reit (TSE:8957), the current Change In Receivables is 円-198 Mil as of Jan. 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 Tokyu Reit (TSE:8957) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyu Reit stock appears to be undervalued. The current stock price of 円184,000.00 is trading 0.3% below its estimated GF Value™ of 円184,484.98. GuruFocus considers Tokyu Reit to be Fairly Valued.

Key valuation signals for TSE:8957:

  • Change In Receivables: 円-198 Mil
  • GF Value™: 円184,484.98 vs. price of 円184,000.00 (0.3% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the TSE:8957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tokyu Reit Business Description

Industry Real EstateREITs
Address 1-12-1, Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards.
71GF Score

Get the complete analysis for TSE:8957

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

円184,000.00
Price
円184,484.98
GF Value