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Patisserie Holdings (Patisserie Holdings) Accounts Receivable : $16.28 Mil (As of Mar. 2018)


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What is Patisserie Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Patisserie Holdings's accounts receivables for the quarter that ended in Mar. 2018 was $16.28 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Patisserie Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2018 was 35.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Patisserie Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2018 was $0.47.


Patisserie Holdings Accounts Receivable Historical Data

The historical data trend for Patisserie 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.

* Premium members only.

Patisserie Holdings Accounts Receivable Chart

Patisserie Holdings Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Accounts Receivable
Get a 7-Day Free Trial 1.06 1.85 1.42 0.88 0.56

Patisserie Holdings Semi-Annual Data
Sep11 Sep12 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.61 0.88 13.65 0.56 16.28

Patisserie Holdings Accounts Receivable Calculation

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


Patisserie 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.

Patisserie Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.277/84.528*91
=35.14

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

Patisserie Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2018 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)
=(40.279+0.75 * 16.277+0.5 * 8.366-9.698
-0-0)/100.94
=0.47

* 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.


Patisserie Holdings Accounts Receivable Related Terms

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Patisserie Holdings (Patisserie Holdings) Business Description

Traded in Other Exchanges
N/A
Address
146 – 156 Sarehole Road, Birmingham, West Midlands, GBR, B28 8DT
Patisserie Holdings PLC operates a chain of cafes and casual diners in the United Kingdom. Its product offering includes cakes, pastries, snacks, meals, hot and cold drinks, teas, coffees, continental breakfasts and light meals. The company functions under five brands: Patisserie Valerie, Druckers - Vienna Patisserie, Philpotts, Baker and Spice and Flour Power City Bakery across England and Scotland. Patisserie recognizes its revenues through the sale of its products across the outlets.

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