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Cordiant Digital Infrastructure (LSE:CORD) Accounts Receivable : £0.00 Mil (As of Sep. 2023)


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What is Cordiant Digital Infrastructure Accounts Receivable?

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

Accounts receivable can be measured by Days Sales Outstanding. Cordiant Digital Infrastructure'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. Cordiant Digital Infrastructure's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £-0.06.


Cordiant Digital Infrastructure Accounts Receivable Historical Data

The historical data trend for Cordiant Digital Infrastructure'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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Cordiant Digital Infrastructure Accounts Receivable Chart

Cordiant Digital Infrastructure Annual Data
Trend Mar22 Mar23
Accounts Receivable
- -

Cordiant Digital Infrastructure Semi-Annual Data
Mar22 Sep22 Mar23 Sep23
Accounts Receivable - - - -

Cordiant Digital Infrastructure Accounts Receivable Calculation

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


Cordiant Digital Infrastructure 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.

Cordiant Digital Infrastructure's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/14.368*91
=0.00

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

Cordiant Digital Infrastructure'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)
=(130.868+0.75 * 0+0.5 * 0-173.916
-0-0)/771.01
=-0.06

* 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.


Cordiant Digital Infrastructure Accounts Receivable Related Terms

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Cordiant Digital Infrastructure (LSE:CORD) Business Description

Traded in Other Exchanges
Address
East Wing, Trafalgar Court, Les Banques, Saint Peter Port, GGY, GY1 3PP
Cordiant Digital Infrastructure Ltd is an investment company. Its principal activity is to invest in Digital Infrastructure Assets. The company seeks to generate attractive total returns for shareholders over the longer term, comprising capital growth and a progressive dividend, through investment in digital infrastructure assets.

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