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Daily Mail and General Trust (LSE:DMGO) Accounts Receivable : £123.2 Mil (As of Sep. 2021)


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What is Daily Mail and General Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Daily Mail and General Trust's accounts receivables for the quarter that ended in Sep. 2021 was £123.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Daily Mail and General Trust's Days Sales Outstanding for the quarter that ended in Sep. 2021 was 66.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Daily Mail and General Trust's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was £3.19.


Daily Mail and General Trust Accounts Receivable Historical Data

The historical data trend for Daily Mail and General Trust'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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Daily Mail and General Trust Accounts Receivable Chart

Daily Mail and General Trust Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 165.30 177.40 227.80 160.40 123.20

Daily Mail and General Trust Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21
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 227.80 276.10 160.40 252.10 123.20

Daily Mail and General Trust Accounts Receivable Calculation

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


Daily Mail and General Trust 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.

Daily Mail and General Trust's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=123.2/338.5*91
=66.42

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

Daily Mail and General Trust's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 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)
=(1746.9+0.75 * 123.2+0.5 * 16.4-605.1
-0--1.5)/390.300
=3.19

* 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.


Daily Mail and General Trust Accounts Receivable Related Terms

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Daily Mail and General Trust (LSE:DMGO) Business Description

Traded in Other Exchanges
N/A
Address
2 Derry Street, Northcliffe House, London, GBR, W8 5TT
Daily Mail and General Trust PLC Class A is a British international media company that publishes various newspapers and magazines and provides event organizers, as well as data and information services. Its flagship segment is British tabloid newspaper The Daily Mail, the largest newspaper brand in the United Kingdom. The company also operates other newspapers around Europe, as well as various websites. While the majority of revenue is derived from its publishing business, it also provides risk-management modeling and business research and data services to clients around the world.

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