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Dexterra Group (Dexterra Group) Accounts Receivable : $153.0 Mil (As of Dec. 2023)


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What is Dexterra Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dexterra Group's accounts receivables for the quarter that ended in Dec. 2023 was $153.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dexterra Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 69.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dexterra Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.76.


Dexterra Group Accounts Receivable Historical Data

The historical data trend for Dexterra 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.

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Dexterra Group Accounts Receivable Chart

Dexterra Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
26.91 116.74 144.36 150.53 153.00

Dexterra Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 150.53 159.12 158.02 189.60 153.00

Dexterra Group Accounts Receivable Calculation

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


Dexterra 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.

Dexterra 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
=152.999/201.645*91
=69.24

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

Dexterra 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)
=(0+0.75 * 152.999+0.5 * 21.385-238.576
-0-0.134)/64.4265
=-1.76

* 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.


Dexterra Group Accounts Receivable Related Terms

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Dexterra Group (Dexterra Group) Business Description

Traded in Other Exchanges
Address
5915 Airport Road, Suite 425, Mississauga, ON, CAN, L4V 1T1
Dexterra Group Inc offers support services for the creation, management, and operation of infrastructure across Canada. Powered by people, Dexterra Group brings best-in-class regional expertise to every challenge and delivers solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of facilities management services, industry leading workforce accommodation solutions, modular building capabilities, and other support services for diverse clients in the public and private sectors.

Dexterra Group (Dexterra Group) Headlines

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Prem Watsa Comments on Dexterra

By Sydnee Gatewood Sydnee Gatewood 03-08-2021