GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Cairn Homes PLC (CHIX:CRNl) » Definitions » Accounts Receivable

Cairn Homes (CHIX:CRNL) Accounts Receivable : £60.9 Mil (As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Cairn Homes Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cairn Homes's accounts receivables for the quarter that ended in Dec. 2024 was £60.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cairn Homes's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 27.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cairn Homes's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was £0.27.


Cairn Homes Accounts Receivable Historical Data

The historical data trend for Cairn Homes'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.

Cairn Homes Accounts Receivable Chart

Cairn Homes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 12.97 3.06 28.18 60.87

Cairn Homes Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 3.06 4.66 28.18 57.96 60.87

Cairn Homes Accounts Receivable Calculation

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


Cairn Homes 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.

Cairn Homes's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=60.874/408.954*91
=27.17

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

Cairn Homes's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(22.879+0.75 * 60.874+0.5 * 714.073-260.14
-0-0)/616.060
=0.27

* 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.


Cairn Homes Accounts Receivable Related Terms

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


Cairn Homes Business Description

Traded in Other Exchanges
Address
45 Mespil Road, Dublin, IRL, D04 W2F1
Cairn Homes PLC is an Irish homebuilder. Its core activity is to design and develop properties for residential purposes, majorly in the suburbs of Dublin City. The company's portfolio predominantly comprises single-family homes and apartments that form a minor share. Its sales of residential properties generates the majority of the company's revenue. The company has various Projects like New Homes, Buildings, Commercial and Retail, and Sven Mills. Company's business has the resources and capabilities to deliver a choice of new homes where people want to live now and into the future. Creating new communities of connection and belonging, building towards an Ireland where everyone can thrive.

Cairn Homes Headlines

No Headlines