GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Oliver's Real Food Ltd (ASX:OLI) » Definitions » Accounts Receivable

Oliver's Real Food (ASX:OLI) Accounts Receivable : A$0.07 Mil (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Oliver's Real Food Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oliver's Real Food's accounts receivables for the quarter that ended in Dec. 2023 was A$0.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oliver's Real Food's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oliver's Real Food's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-0.07.


Oliver's Real Food Accounts Receivable Historical Data

The historical data trend for Oliver's Real Food'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.

Oliver's Real Food Accounts Receivable Chart

Oliver's Real Food Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial 0.13 0.18 0.97 0.11 0.10

Oliver's Real Food Semi-Annual Data
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 0.35 0.11 0.16 0.10 0.07

Oliver's Real Food Accounts Receivable Calculation

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


Oliver's Real Food 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.

Oliver's Real Food's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.069/12.846*91
=0.98

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

Oliver's Real Food'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)
=(0.944+0.75 * 0.069+0.5 * 0.588-31.91
-0-0)/440.732
=-0.07

* 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.


Oliver's Real Food Accounts Receivable Related Terms

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


Oliver's Real Food (ASX:OLI) Business Description

Traded in Other Exchanges
Address
5 Lenton Place, Level 1, North Rocks, NSW, AUS, 2151
Oliver's Real Food Ltd engages in fast-food services specializing in delicious, nutrient-dense meals, designed with the customers' wellbeing in mind. Its food is prepared daily from fresh, natural, and organic produce - nothing artificial and no additives. Some of its product includes Coffee, Breakfast, and Snack items.

Oliver's Real Food (ASX:OLI) Headlines

No Headlines