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British Smaller VCT (LSE:BSV) Accounts Receivable : £0.00 Mil (As of Sep. 2023)


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What is British Smaller VCT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. British Smaller VCT's accounts receivables for the quarter that ended in Sep. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. British Smaller VCT's Days Sales Outstanding for the quarter that ended in Sep. 2023 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. British Smaller VCT's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £0.12.


British Smaller VCT Accounts Receivable Historical Data

The historical data trend for British Smaller VCT'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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British Smaller VCT Accounts Receivable Chart

British Smaller VCT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
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British Smaller VCT Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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British Smaller VCT Accounts Receivable Calculation

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


British Smaller VCT 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.

British Smaller VCT's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/2.538*91
=0.00

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

British Smaller VCT'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)
=(29.635+0.75 * 0+0.5 * 0-0.2
-0-0)/240.991
=0.12

* 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.


British Smaller VCT Accounts Receivable Related Terms

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British Smaller VCT (LSE:BSV) Business Description

Traded in Other Exchanges
N/A
Address
14 South Parade, 5th Floor, Valiant Building, Leeds, West Yorkshire, GBR, LS1 5QS
British Smaller Companies VCT PLC is a United Kingdom-based company. The company operates as a venture capital trust. It makes long-term equity and loan investments in unquoted businesses. The company invests in various sectors including Business Services, Manufacturing and Industrial, Healthcare, Software, IT and Telecommunications, and Retail and Brands. The Company has engaged in a single operating segment: investing in equity and debt securities within the United Kingdom.

British Smaller VCT (LSE:BSV) Headlines

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