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Digital Core REIT (Digital Core REIT) Accounts Receivable : $7.8 Mil (As of Dec. 2023)


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What is Digital Core REIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Digital Core REIT's accounts receivables for the quarter that ended in Dec. 2023 was $7.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Digital Core REIT's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 24.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Digital Core REIT's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.54.


Digital Core REIT Accounts Receivable Historical Data

The historical data trend for Digital Core REIT'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.

Digital Core REIT Accounts Receivable Chart

Digital Core REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec22 Dec23
Accounts Receivable
- - 1.76 4.77 7.81

Digital Core REIT Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 2.01 7.04 4.77 8.10 7.81

Digital Core REIT Accounts Receivable Calculation

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


Digital Core REIT 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.

Digital Core 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
=7.808/59.274*91
=24.04

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

Digital Core REIT'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)
=(12.101+0.75 * 7.808+0.5 * 178-589.406
-0-129.156)/1123.85
=-0.54

* 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.


Digital Core REIT Accounts Receivable Related Terms

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Digital Core REIT (Digital Core REIT) Business Description

Traded in Other Exchanges
Address
10 Collyer Quay, No. 42-06 Ocean Financial Centre, Singapore, SGP, 049315
Digital Core REIT is an S-REIT established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilized income-producing real estate assets located globally which are majorly used for data centre purposes, as well as assets necessary to support the digital economy. The company's geographical presence in North America (U.S. and Canada) and Germany. Company earns majority of its revenue from North America segment.

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