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Georgia Capital (LSE:CGEO) Accounts Receivable : £0.0 Mil (As of Dec. 2023)


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What is Georgia Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Georgia Capital's accounts receivables for the quarter that ended in Dec. 2023 was £0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Georgia Capital's Days Sales Outstanding for the quarter that ended in Dec. 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. Georgia Capital's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £0.07.


Georgia Capital Accounts Receivable Historical Data

The historical data trend for Georgia Capital'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.

Georgia Capital Accounts Receivable Chart

Georgia Capital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Georgia Capital Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Georgia Capital Accounts Receivable Calculation

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


Georgia Capital 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.

Georgia Capital's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/103.495*91
=0.00

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

Georgia Capital'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)
=(3.449+0.75 * 0+0.5 * 0-0.479
-0-0)/43.1626
=0.07

* 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.


Georgia Capital Accounts Receivable Related Terms

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Georgia Capital (LSE:CGEO) Business Description

Traded in Other Exchanges
Address
42 Brook Street, London, GBR, W1K 5DB
Georgia Capital PLC is engaged in buying, building, and developing businesses in Georgia. The Group currently holds investments in six large and investment stage private businesses, a healthcare services business, a water utility business, a retail (pharmacy) business, an insurance business (P&C and medical insurance), a renewable energy business, and an education business. The company also holds other small private businesses across different industries in Georgia, including housing development, hospitality and commercial property construction and development, wine and beer production, and digital, and auto service businesses through privately held subsidiaries.

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