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Cairo Mezz (FRA:6H3) Accounts Receivable : €0.0 Mil (As of Jun. 2024)


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What is Cairo Mezz Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cairo Mezz's accounts receivables for the quarter that ended in Jun. 2024 was €0.0 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. Cairo Mezz's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €0.03.


Cairo Mezz Accounts Receivable Historical Data

The historical data trend for Cairo Mezz'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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Cairo Mezz Accounts Receivable Chart

Cairo Mezz Annual Data
Trend Dec22 Dec23
Accounts Receivable
- -

Cairo Mezz Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Accounts Receivable - - - 0.02

Cairo Mezz Accounts Receivable Calculation

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


Cairo Mezz 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.019/0*91
=

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

Cairo Mezz'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)
=(0.202+0.75 * 0.019+0.5 * 0-0.132
-0-0)/2.977
=0.03

* 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.


Cairo Mezz Accounts Receivable Related Terms

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Cairo Mezz Business Description

Traded in Other Exchanges
Address
33 Vasilissis Friderikis, 2nd Floor, Palais D’ Ivoire House, Nicosia, CYP, 1066
Cairo Mezz PLC is engaged in holding and managing mezzanine and junior notes issued due to the securitization of non-performing loans.

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