Eduniversal (XPAR:MLEDU) Accounts Receivable : €4.54 Mil (As of Sep. 2022)

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What is Eduniversal Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eduniversal's accounts receivables for the quarter that ended in Sep. 2022 was €4.54 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eduniversal's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 192.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eduniversal's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was €-0.18.

Eduniversal Accounts Receivable Historical Data

The historical data trend for Eduniversal'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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Eduniversal Accounts Receivable Chart

Eduniversal Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Accounts Receivable

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1.60

1.97

3.15

3.91

4.54

Eduniversal Semi-Annual Data
	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22
Accounts Receivable	Get a 7-Day Free Trial			1.60	1.97	3.15	3.91	4.54

Eduniversal Accounts Receivable Calculation

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

Eduniversal 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.

Eduniversal's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.537	/	4.294	*	91
=	192.83

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

Eduniversal's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=	(0.666	+	0.75 * 4.537	+	0.5 * 0.25	-	6.954
-	0	-	0)	/	15.545
=	-0.18

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.

Eduniversal Accounts Receivable Related Terms

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Eduniversal (XPAR:MLEDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Eduniversal SA (XPAR:MLEDU) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

18/20 Avenue Gabriel Peri, Montreuil sous Bois, Paris, FRA, 93100

Website

http://www.eduniversal-ranking.com

Eduniversal SA specializes in educational, university, and professional orientation consulting services. The company also publishes and distributes specialized guides.

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