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Pullup Entertainment (XPAR:ALFOC) Accounts Receivable : €23.3 Mil (As of Sep. 2023)


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What is Pullup Entertainment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pullup Entertainment's accounts receivables for the quarter that ended in Sep. 2023 was €23.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pullup Entertainment's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 50.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pullup Entertainment's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-26.54.


Pullup Entertainment Accounts Receivable Historical Data

The historical data trend for Pullup Entertainment'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.

Pullup Entertainment Accounts Receivable Chart

Pullup Entertainment Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.50 14.53 15.38 13.37 27.41

Pullup Entertainment Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 19.13 13.37 13.86 27.41 23.32

Pullup Entertainment Accounts Receivable Calculation

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


Pullup Entertainment 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23.316/84.392*91
=50.42

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

Pullup Entertainment'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)
=(10.387+0.75 * 23.316+0.5 * 0.98-186.104
-0-6.327)/6.18292
=-26.54

* 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.


Pullup Entertainment Accounts Receivable Related Terms

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Pullup Entertainment (XPAR:ALFOC) Business Description

Traded in Other Exchanges
Address
Parc de Flandres, Le Beauvaisis, Batiment 28, 11 Rue Cambrai, Paris, FRA, 75019
Focus Entertainment is a France-based company involved in the video games industry. It is engaged in publishing interactive video games. The company produces the catalog, Focus, which publishes and distributes original titles, such as Blood Bowl, the strategy games Wargames, Sherlock Holmes, TrackMania, Runaway, Cities XL, Cycling Manager and Farming Simulator, among others.

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