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FNCHF (FINEOS Holdings) Accounts Receivable : $29.2 Mil (As of Jun. 2024)


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What is FINEOS Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FINEOS Holdings's accounts receivables for the quarter that ended in Jun. 2024 was $29.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. FINEOS Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 76.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. FINEOS Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.00.


FINEOS Holdings Accounts Receivable Historical Data

The historical data trend for FINEOS Holdings'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.

FINEOS Holdings Accounts Receivable Chart

FINEOS Holdings Annual Data
Trend Jun20 Jun21 Jun22
Accounts Receivable
19.78 26.81 27.20

FINEOS Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 27.20 23.56 18.80 9.01 29.17

FINEOS Holdings Accounts Receivable Calculation

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


FINEOS Holdings 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.

FINEOS Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.173/69.408*91
=76.71

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

FINEOS Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(36.795+0.75 * 29.173+0.5 * 0-59.875
-0-0)/338.32
=-0.00

* 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.


FINEOS Holdings Accounts Receivable Related Terms

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FINEOS Holdings Business Description

Traded in Other Exchanges
Address
East Point Business Park, Alfy Byrne Road, Fineos House, East Wall, Dublin, IRL, D03 FT97
Fineos Corp Holdings PLC is an Irish company engaged in providing software solutions that include management and administration of policies and claims to the life, accident, and health insurance industry. The company's platform, Fineos AdminSuite, comprises Fineos Absence, Fineos Billing, Fineos Claims, Fineos Payments, and Fineos Provider, among other solutions.