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Tatton Asset Management (FRA:2T7) Accounts Receivable : €0.49 Mil (As of Sep. 2023)


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What is Tatton Asset Management Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tatton Asset Management's accounts receivables for the quarter that ended in Sep. 2023 was €0.49 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tatton Asset Management's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 4.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tatton Asset Management's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €0.28.


Tatton Asset Management Accounts Receivable Historical Data

The historical data trend for Tatton Asset Management'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.

Tatton Asset Management Accounts Receivable Chart

Tatton Asset Management Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.37 0.13 0.20 0.39 0.32

Tatton Asset Management Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.32 0.39 0.60 0.32 0.49

Tatton Asset Management Accounts Receivable Calculation

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


Tatton Asset Management 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.

Tatton Asset Management's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.487/20.301*91
=4.38

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

Tatton Asset Management's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(28.292+0.75 * 0.487+0.5 * 0-11.977
-0-0)/60.5114
=0.28

* 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.


Tatton Asset Management Accounts Receivable Related Terms

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Tatton Asset Management (FRA:2T7) Business Description

Traded in Other Exchanges
Address
Paradigm House, Lower Meadow Road, Brooke Court, Handforth, Wilmslow, Cheshire, GBR, SK9 3ND
Tatton Asset Management PLC offers on-platform only discretionary fund management, regulatory, compliance, and business consulting services, as well as a whole of market mortgage provision, to directly authorized financial advisers across the United Kingdom. The company's business segments include Tatton and Paradigm, with the maximum revenue derived from the Tatton segment.

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