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Crest Nicholson Holdings (Crest Nicholson Holdings) Accounts Receivable : $68.70 Mil (As of Oct. 2023)


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What is Crest Nicholson Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Crest Nicholson Holdings's accounts receivables for the quarter that ended in Oct. 2023 was $68.70 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Crest Nicholson Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2023 was 27.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Crest Nicholson Holdings's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $1.08.


Crest Nicholson Holdings Accounts Receivable Historical Data

The historical data trend for Crest Nicholson Holdings'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.

Crest Nicholson Holdings Accounts Receivable Chart

Crest Nicholson Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.39 35.33 34.38 56.01 68.70

Crest Nicholson Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 34.38 132.73 56.01 130.01 68.70

Crest Nicholson Holdings Accounts Receivable Calculation

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


Crest Nicholson Holdings 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.

Crest Nicholson Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=68.697/456.516*91
=27.46

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

Crest Nicholson Holdings's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(199.391+0.75 * 68.697+0.5 * 1418.758-820.95
-0-0)/128.750
=1.08

* 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.


Crest Nicholson Holdings Accounts Receivable Related Terms

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Crest Nicholson Holdings (Crest Nicholson Holdings) Business Description

Traded in Other Exchanges
Address
500 Dashwood Lang Road, Bourne Business Park,, Addlestone, Surrey, GBR, KT15 2HJ
Crest Nicholson Holdings PLC is a British construction company that focuses on residential property in the southern half of England. The company plans, designs, and builds single-family housing communities, apartment and townhome complexes, and commercial properties. Crest Nicholson completes approximately 3,000 homes annually with an average selling price around EUR 300,000. It is known for its particular expertise in homebuilding in the surrounding regions of London such as Surrey, Kent, Bristol, and Sussex. The company also participates in land development and planning to support its future projects.

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