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Shopper Park Plus (BUD:SPLUS) Accounts Receivable : €8.06 Mil (As of Sep. 2024)


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What is Shopper Park Plus Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shopper Park Plus's accounts receivables for the quarter that ended in Sep. 2024 was €8.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shopper Park Plus's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 57.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shopper Park Plus's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-12.25.


Shopper Park Plus Accounts Receivable Historical Data

The historical data trend for Shopper Park Plus'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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Shopper Park Plus Accounts Receivable Chart

Shopper Park Plus Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - - 3.71 6.01

Shopper Park Plus Quarterly Data
Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 6.01 5.16 9.24 8.06

Shopper Park Plus Accounts Receivable Calculation

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


Shopper Park Plus 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.

Shopper Park Plus's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.061/12.812*91
=57.41

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

Shopper Park Plus's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(14.759+0.75 * 8.061+0.5 * 0-162.606
-0-0)/11.5776
=-12.25

* 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.


Shopper Park Plus Accounts Receivable Related Terms

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Shopper Park Plus Business Description

Traded in Other Exchanges
N/A
Address
1015 Budapest, Batthyany street 3, Ground Floor, Door 1, Budapest, HUN
Shopper Park Plus PLC is a company that operates through its subsidiaries and deals with the development, management, and renovation of commercial real estate. It develops its current properties with the aim of making them operational on the basis of lease contracts use it by renting it out.

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