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Villa World (ASX:VLWHA.PFD) Accounts Receivable : A$0.54 Mil (As of Jun. 2019)


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What is Villa World Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Villa World's accounts receivables for the quarter that ended in Jun. 2019 was A$0.54 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Villa World's Days Sales Outstanding for the quarter that ended in Jun. 2019 was 0.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Villa World's Net-Net Working Capital per share for the quarter that ended in Jun. 2019 was A$N/A.


Villa World Accounts Receivable Historical Data

The historical data trend for Villa World'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.

Villa World Accounts Receivable Chart

Villa World Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.09 70.29 47.33 127.42 0.54

Villa World Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 47.33 56.16 127.42 4.67 0.54

Villa World Accounts Receivable Calculation

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


Villa World 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.

Villa World's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.543/160.145*91
=0.62

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

Villa World's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2019 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)
=(6.569+0.75 * 0.543+0.5 * 182.981-199.089
-0-0)/0
=N/A

* 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.


Villa World Accounts Receivable Related Terms

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Villa World (ASX:VLWHA.PFD) Business Description

Traded in Other Exchanges
N/A
Address
19 Elizabeth Avenue, Level 1 Oracle West, P.O. Box 1899, Broadbeach, Gold Coast, QLD, AUS, 4218
Villa World Ltd is engaged in the development and sale of residential land, and the development, construction and sale of house and land packages in Victoria, Queensland and New South Wales.

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