GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mapletree Industrial Trust (SGX:ME8U) » Definitions » Accounts Receivable

Mapletree Industrial Trust (SGX:ME8U) Accounts Receivable : S$68.3 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Mapletree Industrial Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mapletree Industrial Trust's accounts receivables for the quarter that ended in Dec. 2023 was S$68.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mapletree Industrial Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 37.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mapletree Industrial Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$-1.14.


Mapletree Industrial Trust Accounts Receivable Historical Data

The historical data trend for Mapletree Industrial Trust's Accounts Receivable 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.

* Premium members only.

Mapletree Industrial Trust Accounts Receivable Chart

Mapletree Industrial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.66 5.73 4.23 4.46

Mapletree Industrial Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 29.17 4.46 21.75 69.92 68.35

Mapletree Industrial Trust Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Mapletree Industrial Trust Accounts Receivable 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 receivables are being managed.

Mapletree Industrial Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=68.345/164.232*91
=37.97

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Mapletree Industrial Trust's accounts receivable are only considered to be worth 75% of book value:

Mapletree Industrial Trust's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(223.673+0.75 * 68.345+0.5 * 0-3503.089
-0-6.097)/2834
=-1.14

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Mapletree Industrial Trust Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Mapletree Industrial Trust's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Mapletree Industrial Trust (SGX:ME8U) Business Description

Traded in Other Exchanges
Address
10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Industrial Trust is a real estate investment trust focusing on industrial properties and data centers. Its property portfolio consists of 85 properties in Singapore and 56 properties in North America (including 13 data centers held through a joint venture with its sponsor, Mapletree Investments Private Limited). Types of property owned includes data centers, high-tech buildings, business parks and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.

Mapletree Industrial Trust (SGX:ME8U) Headlines

No Headlines