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Bellevue Group AG (XSWX:BBN) Accounts Receivable : CHF6.88 Mil (As of Dec. 2023)


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What is Bellevue Group AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bellevue Group AG's accounts receivables for the quarter that ended in Dec. 2023 was CHF6.88 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bellevue Group AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 31.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bellevue Group AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was CHF4.14.

Bellevue Group AG Accounts Receivable Historical Data

The historical data trend for Bellevue Group AG'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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Bellevue Group AG Accounts Receivable Chart

Bellevue Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.79 15.80 13.45 10.46 6.88

Bellevue Group AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 13.45 10.68 10.46 8.38 6.88

Bellevue Group AG Accounts Receivable Calculation

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

Bellevue Group AG 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.

Bellevue Group AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.877/39.655*91
=31.65

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

Bellevue Group AG'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)
=(82.345+0.75 * 6.877+0.5 * 0-33.075
-0-0)/13.156
=4.14

* 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.

Bellevue Group AG Accounts Receivable Related Terms

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Bellevue Group AG (XSWX:BBN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bellevue Group AG (XSWX:BBN) » Definitions » Accounts Receivable
Comparable Companies
XSWX:PEHN XSWX:LEON XSWX:ALPN XSWX:NBEN XSWX:CPEN XSWX:GAM XSWX:EEII XSWX:HBMNE BLK BX KKR OSTO:INVE A APO TSX:BN AMP BK OSTO:EQT XSWX:PGHN LSE:III TROW
Traded in Other Exchanges
BBNz:UK
Address
Seestrasse 16, Kusnacht, Zurich, CHE, CH-8700
Website
https://www.bellevue.ch
Bellevue Group AG is a Switzerland based company operating in the finance industry. It is principally engaged in the field of asset management and wealth management. The business operates in one segment. The segment consists of the operating business units Bellevue Asset Management, StarCapital and Bellevue Private Markets. It has a clear focus on managing equity portfolios for selected sector and regional strategies. Bellevue Asset Management has a clear focus on managing equity portfolios for selected sector and regional strategies, based on a fundamental and research-driven stock picking approach («bottom up»). A small part of the product range pursues a holistic asset management approach based on quantitative and experience-driven investment approaches with pronounced anti-cyclicality.