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Biocorp Production (FRA:8BP) Accounts Receivable : €3.56 Mil (As of Dec. 2022)


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What is Biocorp Production Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Biocorp Production's accounts receivables for the quarter that ended in Dec. 2022 was €3.56 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Biocorp Production's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 75.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Biocorp Production's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €-0.91.


Biocorp Production Accounts Receivable Historical Data

The historical data trend for Biocorp Production'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.

Biocorp Production Accounts Receivable Chart

Biocorp Production Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.76 0.94 2.25 3.56

Biocorp Production Semi-Annual Data
Dec12 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 0.94 1.17 2.25 1.30 3.56

Biocorp Production Accounts Receivable Calculation

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


Biocorp Production 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.

Biocorp Production's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.562/8.659*91
=75.07

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

Biocorp Production's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2.67+0.75 * 3.562+0.5 * 1.577-10.123
-0-0)/4.39859
=-0.91

* 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.


Biocorp Production Accounts Receivable Related Terms

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Biocorp Production (FRA:8BP) Business Description

Traded in Other Exchanges
N/A
Address
Technological Park Lavaur la Bechade, Issoire, FRA, 63500
Biocorp Production SA is engaged in the development, production, and marketing of medical devices and drug delivery systems for the pharmaceutical industry.

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