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Fundo Invest Imobiliario Europar (BSP:EURO11) Accounts Receivable

: R$0.90 Mil (As of Dec. 2023)
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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fundo Invest Imobiliario Europar's accounts receivables for the quarter that ended in Dec. 2023 was R$0.90 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fundo Invest Imobiliario Europar's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 17.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fundo Invest Imobiliario Europar's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$-0.53.


Fundo Invest Imobiliario Europar Accounts Receivable Historical Data

The historical data trend for Fundo Invest Imobiliario Europar'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.

Fundo Invest Imobiliario Europar Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Premium Member Only Premium Member Only 0.43 0.84 0.96 0.90 0.90

Fundo Invest Imobiliario Europar Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable Premium Member Only Premium Member Only 0.43 0.84 0.96 0.90 0.90

Fundo Invest Imobiliario Europar Accounts Receivable Calculation

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


Fundo Invest Imobiliario Europar 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.

Fundo Invest Imobiliario Europar's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.901/9.507*91
=17.30

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

Fundo Invest Imobiliario Europar'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)
=(1.932+0.75 * 0.901+0.5 * 0-2.81
-0-0)/0.38394
=-0.53

* 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.


Fundo Invest Imobiliario Europar Accounts Receivable Related Terms

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Fundo Invest Imobiliario Europar (BSP:EURO11) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Brigadeiro Faria Lima, 1800, 2 Floor, Edifício Liége, Sao Paulo, SP, BRA, 1451001
Fundo Invest Imobiliario Europar, formerly Fundo de Investimento Imobiliario Europar is a real estate investment trust.

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