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Unifique Telecomunicacoes (BSP:FIQE3) Accounts Receivable : R$36.7 Mil (As of Dec. 2023)


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What is Unifique Telecomunicacoes Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Unifique Telecomunicacoes's accounts receivables for the quarter that ended in Dec. 2023 was R$36.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Unifique Telecomunicacoes's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 14.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Unifique Telecomunicacoes's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$-1.42.


Unifique Telecomunicacoes Accounts Receivable Historical Data

The historical data trend for Unifique Telecomunicacoes'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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Unifique Telecomunicacoes Accounts Receivable Chart

Unifique Telecomunicacoes Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
10.42 7.38 31.33 31.08 36.68

Unifique Telecomunicacoes Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only 31.08 31.72 35.03 38.40 36.68

Unifique Telecomunicacoes Accounts Receivable Calculation

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


Unifique Telecomunicacoes 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.

Unifique Telecomunicacoes's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=36.679/231.423*91
=14.46

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

Unifique Telecomunicacoes'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)
=(385.387+0.75 * 36.679+0.5 * 7.141-919.544
-0-0)/353.05
=-1.42

* 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.


Unifique Telecomunicacoes Accounts Receivable Related Terms

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Unifique Telecomunicacoes (BSP:FIQE3) Business Description

Traded in Other Exchanges
N/A
Address
R Duque De Caxias, 831, CENTRO, Timbo, SC, BRA, 89120-000
Unifique Telecomunicacoes SA is a fixed broadband operator in Brazil. Its services include internet, fixed-line telephony, mobile telephony, HD Pay TV, data ceter among others.

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