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HomeCo Daily Needs REIT (ASX:HDN) Change In Receivables : A$0.0 Mil (TTM As of Dec. 2023)


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What is HomeCo Daily Needs REIT Change In Receivables?

HomeCo Daily Needs REIT's change in receivables for the quarter that ended in Dec. 2023 was A$0.0 Mil. It means HomeCo Daily Needs REIT's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

HomeCo Daily Needs REIT's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.0 Mil. It means HomeCo Daily Needs REIT's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

HomeCo Daily Needs REIT's Accounts Receivable for the quarter that ended in Dec. 2023 was A$6.1 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. HomeCo Daily Needs REIT's Days Sales Outstanding for the six months ended in Dec. 2023 was 6.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HomeCo Daily Needs REIT's liquidation value for the six months ended in Dec. 2023 was A$-1,711.9 Mil.

HomeCo Daily Needs REIT Change In Receivables Historical Data

The historical data trend for HomeCo Daily Needs 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.

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HomeCo Daily Needs REIT Change In Receivables Chart

HomeCo Daily Needs REIT Annual Data
Trend Jun22 Jun23
Change In Receivables
- -

HomeCo Daily Needs REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables - - - - -

HomeCo Daily Needs 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 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.

HomeCo Daily Needs REIT  (ASX:HDN) 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.

HomeCo Daily Needs REIT's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.1/178.7*91
=6.23

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

HomeCo Daily Needs REIT's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=14.6-1731.1+0.75 * 6.1+0.5 * 0
=-1,711.9

* 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.

HomeCo Daily Needs REIT Change In Receivables Related Terms

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HomeCo Daily Needs REIT (ASX:HDN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HomeCo Daily Needs REIT (ASX:HDN) » Definitions » Change In Receivables
Comparable Companies
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Traded in Other Exchanges
N/A
Address
1 Macquarie Place, Level 7, Gateway, Sydney, NSW, AUS, 2000
Website
https://www.home-co.com.au
HomeCo Daily Needs REIT, or HomeCo, is an externally managed property trust run by HMC Capital which also runs HealthCo Healthcare and Wellness REIT and unlisted funds. HomeCo targets 50% of assets in neighbourhood malls, 30% large-format, and 20% in health and services. After merging with Aventus Retail REIT in 2022, HomeCo is overweight large-format (just under half its portfolio) and underweight neighbourhood (one third of the portfolio), with health and services slightly below target. The plan is to move back to the target via redevelopment and tenant remixing, and potentially acquisitions. HomeCo seeks tenant leases before commencing developments, so we expect development opportunities will arise gradually, as population growth adds demand in HomeCo's catchments.

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