Philippine Estates (PHS:PHES) Change In Receivables : ₱-70.4 Mil (TTM As of Mar. 2024)

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What is Philippine Estates Change In Receivables?

Philippine Estates's change in receivables for the quarter that ended in Mar. 2024 was ₱-2.5 Mil. It means Philippine Estates's Accounts Receivable increased by ₱2.5 Mil from Dec. 2023 to Mar. 2024 .

Philippine Estates's change in receivables for the fiscal year that ended in Dec. 2023 was ₱-73.3 Mil. It means Philippine Estates's Accounts Receivable increased by ₱73.3 Mil from Dec. 2022 to Dec. 2023 .

Philippine Estates's Accounts Receivable for the quarter that ended in Mar. 2024 was ₱294.7 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. Philippine Estates's Days Sales Outstanding for the three months ended in Mar. 2024 was 623.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Philippine Estates's liquidation value for the three months ended in Mar. 2024 was ₱603.4 Mil.

Philippine Estates Change In Receivables Historical Data

The historical data trend for Philippine Estates'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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Philippine Estates Change In Receivables Chart

Philippine Estates Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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18.16

243.71

0.58

-187.84

-73.35

Philippine Estates Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-5.38	-4.05	-343.45	279.53	-2.46

Philippine Estates 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-70.4 Mil.

Philippine Estates (PHS:PHES) 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.

Philippine Estates's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	294.731	/	43.161	*	91
=	623.11

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

Philippine Estates's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	13.903	-	516.659	+	0.75 * 294.731	+	0.5 * 1770.134
=	603.4

Philippine Estates Change In Receivables Related Terms

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Philippine Estates (PHS:PHES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Philippine Estates Corp (PHS:PHES) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Julia Vargas Avenue corner, Meralco Avenue, 35th Floor One Corporate Center, Ortigas Center, Pasig, PHL, 1605

Website

https://www.phes.com.ph

Philippine Estates Corporation is a real estate company engaged in the business of holding and developing real estate properties or other properties. Its segments include Metro Manila, which includes an industrial park and condominium projects; Other Luzon Areas such as Bulacan, Cavite-subdivision development; Cebu includes subdivision, mixed-use, and condominium projects; Iloilo includes subdivision, mixed-use, and condominium projects; and Davao, which includes an administrative office. It offers real estate properties for industrial, commercial, residential, and leisure or sports purposes. The group derives key revenue from Cebu and Iloilo business segments.

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