Investcorp Capital (ADX:ICAP) Accounts Receivable : د.إ301.2 Mil (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Investcorp Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Investcorp Capital's accounts receivables for the quarter that ended in Jun. 2023 was د.إ301.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Investcorp Capital's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 127.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Investcorp Capital's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was د.إ0.63.

Investcorp Capital Accounts Receivable Historical Data

The historical data trend for Investcorp Capital'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.

Investcorp Capital Accounts Receivable Chart

Investcorp Capital Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Receivable

642.78

330.57

301.19

Investcorp Capital Semi-Annual Data
	Jun21	Jun22	Jun23
Accounts Receivable	642.78	330.57	301.19

Investcorp Capital Accounts Receivable Calculation

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

Investcorp Capital 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.

Investcorp Capital's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	301.186	/	429.741	*	91
=	127.91

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

Investcorp Capital's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(1851.192	+	0.75 * 301.186	+	0.5 * 0	-	701.543
-	0	-	0)	/	2191.5
=	0.63

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.

Investcorp Capital Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Investcorp Capital's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Investcorp Capital (ADX:ICAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Investcorp Capital Plc (ADX:ICAP) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Sila Tower 8th Floor, P.O. Box 36961, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, ARE

Website

https://www.investcorp.com

Investcorp Capital Plc is a company whose main purpose is providing of capital and capital financing services in the alternative investments industry.