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Fortress Real Estate Investments (JSE:FFB) Change In Receivables : R0 Mil (TTM As of Dec. 2023)


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What is Fortress Real Estate Investments Change In Receivables?

Fortress Real Estate Investments's change in receivables for the quarter that ended in Dec. 2023 was R0 Mil. It means Fortress Real Estate Investments's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Fortress Real Estate Investments's change in receivables for the fiscal year that ended in Jun. 2023 was R-137 Mil. It means Fortress Real Estate Investments's Accounts Receivable increased by R137 Mil from Jun. 2022 to Jun. 2023 .

Fortress Real Estate Investments's Accounts Receivable for the quarter that ended in Dec. 2023 was R1,344 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. Fortress Real Estate Investments's Days Sales Outstanding for the six months ended in Dec. 2023 was 114.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fortress Real Estate Investments's liquidation value for the six months ended in Dec. 2023 was R-20,281 Mil.


Fortress Real Estate Investments Change In Receivables Historical Data

The historical data trend for Fortress Real Estate Investments'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.

* Premium members only.

Fortress Real Estate Investments Change In Receivables Chart

Fortress Real Estate Investments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.64 13.24 -58.72 -212.16 -136.72

Fortress Real Estate Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Fortress Real Estate Investments 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 R0 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.


Fortress Real Estate Investments  (JSE:FFB) 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.

Fortress Real Estate Investments's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1344.357/2139.767*91
=114.66

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

Fortress Real Estate Investments'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)
=267.55-21557.053+0.75 * 1344.357+0.5 * 0
=-20,281

* 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.


Fortress Real Estate Investments Change In Receivables Related Terms

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Fortress Real Estate Investments (JSE:FFB) Business Description

Traded in Other Exchanges
Address
Block C, Cullinan Place, Cullinan Close, Morningside, Johannesburg, GT, ZAF, 2196
Fortress Real Estate Investments Ltd invests in both direct property assets and listed real estate securities including both local and foreign property companies. It owns a portfolio of retail, office, industrial, logistics, corporate and other. The company generates maximum revenue from the Logistics segment.

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