GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » APM Human Services International Pty (ASX:APM) » Definitions » Accounts Receivable

APM Human Services International Pty (ASX:APM) Accounts Receivable : A$202 Mil (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is APM Human Services International Pty Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. APM Human Services International Pty's accounts receivables for the quarter that ended in Jun. 2024 was A$202 Mil.

Accounts receivable can be measured by Days Sales Outstanding. APM Human Services International Pty's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 31.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. APM Human Services International Pty's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was A$-1.43.


APM Human Services International Pty Accounts Receivable Historical Data

The historical data trend for APM Human Services International Pty'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.

APM Human Services International Pty Accounts Receivable Chart

APM Human Services International Pty Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Accounts Receivable
108.30 109.02 190.78 202.38

APM Human Services International Pty Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial 109.02 178.81 190.78 186.91 202.38

APM Human Services International Pty Accounts Receivable Calculation

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


APM Human Services International Pty 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.

APM Human Services International Pty's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=202.377/1179.227*91
=31.32

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

APM Human Services International Pty's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(115.87+0.75 * 202.377+0.5 * 0.415-1570.044
-0-6.076)/917.182
=-1.43

* 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.


APM Human Services International Pty Accounts Receivable Related Terms

Thank you for viewing the detailed overview of APM Human Services International Pty's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


APM Human Services International Pty Business Description

Traded in Other Exchanges
N/A
Address
58 Ord Street, West Perth, Perth, WA, AUS, 6005
APM Human Services International, on behalf of government bodies, provides services to assist job seekers in finding suitable employment, particularly those with a disability, injury, or illness. Services include job search assistance, vocational training, postplacement support, and allied health services such as rehabilitation and mental health. APM earns roughly 35% of revenue from Australia, 15% from Europe, 45% from North America, and the remaining 5% from New Zealand, Singapore, and South Korea.

APM Human Services International Pty Headlines