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MREIT (PHS:MREIT) Accounts Receivable : ₱301 Mil (As of Mar. 2024)


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What is MREIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MREIT's accounts receivables for the quarter that ended in Mar. 2024 was ₱301 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MREIT's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 25.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MREIT's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₱-2.76.


MREIT Accounts Receivable Historical Data

The historical data trend for MREIT'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.

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MREIT Accounts Receivable Chart

MREIT Annual Data
Trend Jun21 Dec22 Dec23
Accounts Receivable
7.79 104.29 165.67

MREIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 133.18 141.71 136.24 165.67 301.30

MREIT Accounts Receivable Calculation

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


MREIT 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=301.298/1076.359*91
=25.54

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

MREIT's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(2078.303+0.75 * 301.298+0.5 * 0-10031.769
-0-0)/2795.82
=-2.76

* 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.


MREIT Accounts Receivable Related Terms

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MREIT (PHS:MREIT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
36th Street corner 11th Avenue, 18th Floor, Alliance Global Tower, Uptown Bonifacio, Taguig, PHL, 1634
MREIT Inc operates as a Real Estate Investment Trust. The company's portfolio consists of commercial spaces primarily leased for office purposes, which may also be used and leased for retail purposes as required The Company operates in single operating segment which is the lease of its buildings.

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