Libertine Holdings (LSE:LIB) Accounts Receivable : £0.23 Mil (As of Sep. 2023)

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What is Libertine Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Libertine Holdings's accounts receivables for the quarter that ended in Sep. 2023 was £0.23 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Libertine Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 339.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Libertine Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £0.01.

Libertine Holdings Accounts Receivable Historical Data

The historical data trend for Libertine Holdings'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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Libertine Holdings Accounts Receivable Chart

Libertine Holdings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

0.10

0.01

0.64

0.51

Libertine Holdings Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial				0.13	0.64	0.05	0.51	0.23

Libertine Holdings Accounts Receivable Calculation

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

Libertine Holdings 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.

Libertine Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.225	/	0.121	*	91
=	339.36

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

Libertine Holdings'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)
=	(0.932	+	0.75 * 0.225	+	0.5 * 0.756	-	0.577
-	0	-	0)	/	139.219
=	0.01

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.

Libertine Holdings Accounts Receivable Related Terms

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Libertine Holdings (LSE:LIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Libertine Holdings PLC (LSE:LIB) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 1 Coborn Avenue, Tinsley, Sheffield, GBR, S9 1DA

Website

https://www.libertine.co.uk

Libertine Holdings PLC has developed a technology solution for powertrain OEMs, enabling efficient and clean power generation from renewable fuels. Its linear electrical machines, controls, and tools together form a development platform that the group provides to OEM customers for its product development programs. It provides engineering services and prototype hardware to support OEM customer evaluation of its technology, and incorporation of this technology into customer-led Linear Generator development programs. The company's main country of operation is the United Kingdom.

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