GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Charter Hall Group (ASX:CHC) » Definitions » Accounts Receivable

Charter Hall Group (ASX:CHC) Accounts Receivable : A$115.4 Mil (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Charter Hall Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Charter Hall Group's accounts receivables for the quarter that ended in Dec. 2023 was A$115.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Charter Hall Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 81.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Charter Hall Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-0.46.


Charter Hall Group Accounts Receivable Historical Data

The historical data trend for Charter Hall Group'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.

Charter Hall Group Accounts Receivable Chart

Charter Hall Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.70 35.40 59.40 61.20 106.30

Charter Hall Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 215.90 61.20 182.70 106.30 115.40

Charter Hall Group Accounts Receivable Calculation

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


Charter Hall Group 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.

Charter Hall Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=115.4/259.8*91
=81.06

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

Charter Hall Group'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)
=(458+0.75 * 115.4+0.5 * 0-764.4
-0-0)/472.997
=-0.46

* 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.


Charter Hall Group Accounts Receivable Related Terms

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


Charter Hall Group (ASX:CHC) Business Description

Traded in Other Exchanges
Address
No.1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Group's main activity is managing property funds for retail and institutional investors, and listed REITs such as Charter Hall Retail REIT, Charter Hall Social Infrastructure REIT, and Charter Hall Long WALE REIT. More than two thirds of earnings come from funds management and we expect this proportion to increase over time. Strong returns generated substantial performance fees over the last five years, which we expect to moderate due to lower property market returns in future, however regular base fees and intermittent performance fees should continue. Charter Hall co-invests in its funds, so a portion of its earnings come from rent, as well as development fees and development profits on projects that it manages.

Charter Hall Group (ASX:CHC) Headlines

No Headlines