BKI Investment Co (ASX:BKI) Accounts Receivable : A$11.05 Mil (As of Jun. 2024)

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What is BKI Investment Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BKI Investment Co's accounts receivables for the quarter that ended in Jun. 2024 was A$11.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BKI Investment Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 59.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BKI Investment Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was A$-0.01.

BKI Investment Co Accounts Receivable Historical Data

The historical data trend for BKI Investment Co'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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BKI Investment Co Accounts Receivable Chart

BKI Investment Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Receivable

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10.90

35.78

8.42

9.60

11.05

BKI Investment Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Receivable	Get a 7-Day Free Trial															8.42	4.89	9.60	5.09	11.05

BKI Investment Co Accounts Receivable Calculation

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

BKI Investment Co 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.

BKI Investment Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.05	/	33.78	*	91
=	59.70

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

BKI Investment Co'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)
=	(99.399	+	0.75 * 11.05	+	0.5 * 0	-	113.146
-	0	-	0)	/	804.919
=	-0.01

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.

BKI Investment Co Accounts Receivable Related Terms

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BKI Investment Co Business Description

Industry

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Address

1 Castlereagh Street, Suite 302, Level 3, Sydney, NSW, AUS, 2000

Website

https://www.bkilimited.com.au

BKI Investment Co Ltd invests in a diversified portfolio of Australian shares, trusts, and interest-bearing securities. Its investments are focused on research driven, active equities management, investing for the long term, in profitable companies, with a history of paying attractive dividend yields. The objective of the company is to generate an increasing income stream for distribution to shareholders in the form of fully franked dividends to the extent of available imputation tax credits, through long-term investment in a portfolio of assets that are also able to deliver long-term capital growth to shareholders.