Domain Holdings Australia (ASX:DHG) Accounts Receivable : A$49.9 Mil (As of Dec. 2023)

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What is Domain Holdings Australia Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Domain Holdings Australia's accounts receivables for the quarter that ended in Dec. 2023 was A$49.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Domain Holdings Australia's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 45.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Domain Holdings Australia's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-0.49.

Domain Holdings Australia Accounts Receivable Historical Data

The historical data trend for Domain Holdings Australia'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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Domain Holdings Australia Accounts Receivable Chart

Domain Holdings Australia Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

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41.02

29.11

41.98

51.15

41.12

Domain Holdings Australia Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial								48.70	51.15	52.72	41.12	49.92

Domain Holdings Australia Accounts Receivable Calculation

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

Domain Holdings Australia 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.

Domain Holdings Australia's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	49.921	/	202.116	*	91
=	45.08

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

Domain Holdings Australia'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)
=	(33.617	+	0.75 * 49.921	+	0.5 * 0	-	373.645
-	0	-	9.829)	/	631.657
=	-0.49

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.

Domain Holdings Australia Accounts Receivable Related Terms

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Domain Holdings Australia (ASX:DHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Domain Holdings Australia Ltd (ASX:DHG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Harris Street, Level 5, Pyrmont, Sydney, NSW, AUS, 2009

Website

https://www.domain.com.au

Domain is a technology company operating in the Australian real estate sector. Domain's primary business is a digital listings platform for residential real estate, www.domain.com.au, which is the second-largest residential real estate listings platform in Australia, after www.realestate.com.au, which is owned by REA Group. Domain is majority-owned by media company Nine Entertainment, while REA is majority-owned by rival media company News Corp. Domain's other businesses include a digital listings platform for commercial real estate, solutions for developers and agents, and print advertising.