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Far Eastern University (PHS:FEU) Accounts Receivable : ₱2,005 Mil (As of Feb. 2024)


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What is Far Eastern University Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Far Eastern University's accounts receivables for the quarter that ended in Feb. 2024 was ₱2,005 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Far Eastern University's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 120.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Far Eastern University's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was ₱-97.88.


Far Eastern University Accounts Receivable Historical Data

The historical data trend for Far Eastern University'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.

Far Eastern University Accounts Receivable Chart

Far Eastern University Annual Data
Trend Mar14 Mar15 Mar16 May17 May18 May19 May20 May21 May22 May23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 581.02 914.39 627.55 740.73 844.13

Far Eastern University Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1,694.04 844.13 2,031.79 1,812.71 2,005.12

Far Eastern University Accounts Receivable Calculation

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


Far Eastern University 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.

Far Eastern University's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2005.116/1522.301*91
=120.19

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

Far Eastern University's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 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)
=(4217.655+0.75 * 2005.116+0.5 * 0-5089.672
-0-2986.517)/24.0558
=-97.88

* 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.


Far Eastern University Accounts Receivable Related Terms

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Far Eastern University (PHS:FEU) Business Description

Traded in Other Exchanges
N/A
Address
Nicanor Reyes Street, Sampaloc, Manila, PHL, 1015
Far Eastern University Inc is a private, non-sectarian institution of learning comprising the following different institutes that offer specific courses, namely, Institute of Arts and Sciences, Institute of Accounts, Business and Finance, Institute of Education, Institute of Architecture and Fine Arts, Institute of Nursing, Institute of Tourism and Hotel Management, and Institute of Law. The company's operating segment includes FEU Main; Trimestral Schools and Other Schools. It generates maximum revenue from the FEU Main segment.