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Daisy Group (FRA:PWH1) Accounts Receivable : €0.0 Mil (As of Sep. 2014)


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What is Daisy Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Daisy Group's accounts receivables for the quarter that ended in Sep. 2014 was €0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Daisy Group's Days Sales Outstanding for the quarter that ended in Sep. 2014 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Daisy Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2014 was €-1.25.


Daisy Group Accounts Receivable Historical Data

The historical data trend for Daisy 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.

Daisy Group Accounts Receivable Chart

Daisy Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Mar10 Mar11 Mar12 Mar13 Mar14
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.99 29.02 28.66 27.13 28.44

Daisy Group Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
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 - 27.13 - 28.44 -

Daisy Group Accounts Receivable Calculation

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


Daisy 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.

Daisy Group's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/214.348*91
=0.00

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

Daisy Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2014 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)
=(46.564+0.75 * 0+0.5 * 6.94-372.946
-0-0)/258.132
=-1.25

* 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.


Daisy Group Accounts Receivable Related Terms

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Daisy Group (FRA:PWH1) Business Description

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Daisy Group PLC and its subsidiaries provide telecommunication and managed services to UK SME and mid-market businesses. It provides a combined product set including access, hosting, voice, managed services and mobile telephony. The Group's segments comprise Daisy Retail, Daisy Wholesale, and central costs. The Daisy Retail segment engages in the provision of integrated voice and data services to the small medium business market, The Daisy Wholesale segment supplies partners with billing, provisioning and business software solutions in addition to voice, lines and data services. Daisy Distribution provides a full range of mobile handsets and airtime tariffs from O2, Vodafone, Orange and T-Mobile via a dealer network and the Central segment consists of unallocated central activities.

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