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Fortress Resorts (COL:RHTL.N0000) Accounts Receivable : රු0.00 Mil (As of . 20)


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What is Fortress Resorts Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fortress Resorts's accounts receivables for the quarter that ended in . 20 was රු0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fortress Resorts's Net-Net Working Capital per share for the quarter that ended in . 20 was රුN/A.


Fortress Resorts Accounts Receivable Historical Data

The historical data trend for Fortress Resorts'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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Fortress Resorts Accounts Receivable Chart

Fortress Resorts Annual Data
Trend
Accounts Receivable

Fortress Resorts Quarterly Data
Accounts Receivable

Fortress Resorts Accounts Receivable Calculation

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


Fortress Resorts 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.

Fortress Resorts's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Fortress Resorts's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/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.


Fortress Resorts Accounts Receivable Related Terms

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Fortress Resorts (COL:RHTL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No 20, Dharmapala Mawatha, Colombo, LKA, 03
Fortress Resorts PLC operates in the hotel and restaurant divisions. The company offers lodging, food, beverage, and other hospitality involving related services. The company's revenue sources include room revenue, food revenue, spa revenue, laundry income, wedding income, transportation income, and income from other hotel operations.

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