GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CPP Group PLC (FRA:4CV1) » Definitions » Accounts Receivable

CPP Group (FRA:4CV1) Accounts Receivable : €6.9 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is CPP Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CPP Group's accounts receivables for the quarter that ended in Dec. 2023 was €6.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CPP Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 10.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CPP Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-3.48.


CPP Group Accounts Receivable Historical Data

The historical data trend for CPP 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.

* Premium members only.

CPP Group Accounts Receivable Chart

CPP Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.01 9.34 8.83 7.58 6.85

CPP Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only 8.83 18.38 7.58 17.25 6.85

CPP Group Accounts Receivable Calculation

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


CPP 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.

CPP 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
=6.851/115.513*91
=10.82

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

CPP 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)
=(20.843+0.75 * 6.851+0.5 * 0.01-54.196
-0-2.62)/8.84714
=-3.48

* 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.


CPP Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of CPP Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


CPP Group (FRA:4CV1) Business Description

Traded in Other Exchanges
Address
6 East Parade, Leeds, GBR, LS1 2AD
CPP Group PLC is a UK-based company engaged in the provision of assistance products and services to customers. The Group is managed on the basis of five broad business units: India (CPP India and Globiva); Turkey; Blink; Central Functions: central cost base required to provide expertise and operate a listed group. Central Functions is stated after the recharge of certain central costs that are appropriate to transfer to the relevant geographies for statutory purposes; and Legacy (UK MGA, UK Legacy, Spain, Portugal and Italy). The company's portfolio of assistance products is distributed across the financial services and telecommunications sectors in the UK and overseas. It has its business spread across India, the United Kingdom, Spain, and Other countries.

CPP Group (FRA:4CV1) Headlines

No Headlines