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Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Accounts Receivable : $11.1 Mil (As of Jun. 2023)


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What is Hoteles City ExpressB de CV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hoteles City ExpressB de CV's accounts receivables for the quarter that ended in Jun. 2023 was $11.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hoteles City ExpressB de CV's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 19.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hoteles City ExpressB de CV's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.81.


Hoteles City ExpressB de CV Accounts Receivable Historical Data

The historical data trend for Hoteles City ExpressB de CV'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.

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Hoteles City ExpressB de CV Accounts Receivable Chart

Hoteles City ExpressB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.17 12.25 6.68 6.96 7.94

Hoteles City ExpressB de CV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 7.83 11.74 7.94 9.97 11.14

Hoteles City ExpressB de CV Accounts Receivable Calculation

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


Hoteles City ExpressB de CV 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.

Hoteles City ExpressB de CV's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.138/51.041*91
=19.91

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

Hoteles City ExpressB de CV's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(80.035+0.75 * 11.138+0.5 * 0-355.574
-0-65.974)/412.327
=-0.81

* 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.


Hoteles City ExpressB de CV Accounts Receivable Related Terms

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Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Business Description

Traded in Other Exchanges
Address
Juan Salvador Agraz No. 69, Col. Santa Fe Cuajimalpa, Del. Cuajimalpa de Morelos, Mexico, MEX, 05300
Hoteles City Express SAB de CV together with its subsidiaries is engaged in the ownership, operation, and management of hotels using the brand names Hoteles City Express, City Suites and City Junior. The company's segments include Hotel Operation and Hotel Management. The company works as an alternative for business travelers, and the option for anyone looking to increase the value of an investment through a modern, hotel franchise and also, are the working towards the economy business travel segment.

Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Headlines

From GuruFocus

Hoteles City Express Announces the Appointment of Directors

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