GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Decisive Dividend Corp (FRA:PC9) » Definitions » Accounts Receivable

Decisive Dividend (FRA:PC9) Accounts Receivable : €14.58 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Decisive Dividend Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Decisive Dividend's accounts receivables for the quarter that ended in Mar. 2024 was €14.58 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Decisive Dividend's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 66.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Decisive Dividend's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-2.28.


Decisive Dividend Accounts Receivable Historical Data

The historical data trend for Decisive Dividend'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.

Decisive Dividend Accounts Receivable Chart

Decisive Dividend 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 5.56 4.54 6.91 11.06 15.33

Decisive Dividend Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.98 14.19 18.03 15.33 14.58

Decisive Dividend Accounts Receivable Calculation

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


Decisive Dividend 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=14.584/19.948*91
=66.71

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

Decisive Dividend'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)
=(2.862+0.75 * 14.584+0.5 * 17.507-66.498
-0-0)/19.27
=-2.28

* 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.


Decisive Dividend Accounts Receivable Related Terms

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


Decisive Dividend (FRA:PC9) Business Description

Traded in Other Exchanges
Address
No. 260 - 1855 Kirschner Road, Kelown, BC, CAN, V1Y 4N7
Decisive Dividend Corp is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. It uses a disciplined acquisition strategy to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established strong leadership.

Decisive Dividend (FRA:PC9) Headlines

No Headlines