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Collection House (ASX:CLH) Accounts Receivable : A$8.54 Mil (As of Dec. 2021)


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What is Collection House Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Collection House's accounts receivables for the quarter that ended in Dec. 2021 was A$8.54 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Collection House's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 62.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Collection House's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was A$-0.60.


Collection House Accounts Receivable Historical Data

The historical data trend for Collection House'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.

Collection House Accounts Receivable Chart

Collection House Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.72 12.25 6.43 4.85 3.29

Collection House Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 11.31 4.85 8.57 3.29 8.54

Collection House Accounts Receivable Calculation

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


Collection House 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.

Collection House's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.541/25.097*91
=62.11

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

Collection House's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=(4.077+0.75 * 8.541+0.5 * 0-95.026
-0-0)/141.948
=-0.60

* 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.


Collection House Accounts Receivable Related Terms

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Collection House (ASX:CLH) Business Description

Traded in Other Exchanges
N/A
Address
100 Skyring Terrace, Level 12, Newstead, QLD, AUS, 4006
Collection House Ltd provides debt collection and receivables management services. It offers receivables management, debt collection, debt purchasing, legal services, financial services training, customer service outsourcing among other services.