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Compagnie du Boisuvage (XBRU:COMB) Accounts Receivable : €54.5 Mil (As of Dec. 2023)


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What is Compagnie du Boisuvage Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Compagnie du Boisuvage's accounts receivables for the quarter that ended in Dec. 2023 was €54.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Compagnie du Boisuvage's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 55.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Compagnie du Boisuvage's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-50.38.


Compagnie du Boisuvage Accounts Receivable Historical Data

The historical data trend for Compagnie du Boisuvage'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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Compagnie du Boisuvage Accounts Receivable Chart

Compagnie du Boisuvage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.81 43.39 45.69 55.00 54.47

Compagnie du Boisuvage Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 45.69 23.21 55.00 25.89 54.47

Compagnie du Boisuvage Accounts Receivable Calculation

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


Compagnie du Boisuvage 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.

Compagnie du Boisuvage's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=54.468/180.492*91
=55.07

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

Compagnie du Boisuvage'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)
=(57.772+0.75 * 54.468+0.5 * 27.824-162.667
-0-33.153)/1.65329
=-50.38

* 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.


Compagnie du Boisuvage Accounts Receivable Related Terms

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Compagnie du Boisuvage (XBRU:COMB) Business Description

Traded in Other Exchanges
Address
Rue du Bois Sauvage, 17, Brussels, BEL, B-1000
Compagnie du Bois Sauvage SA is an investment management firm based in Belgium. Its core business involves investing in listed and unlisted companies to provide its investors with capital appreciation. The company's investment portfolio comprises of companies from various divisions such as real estate, a long-term investment division composed of strategic participating interests and a cash portfolio focused on liquid values that serve as a basis for derivatives activity. The firm's investment strategy is to actively involve itself in the management of the companies it invests in.