GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ace Liberty & Stone PLC (FRA:8MW) » Definitions » Accounts Receivable

Ace Liberty & Stone (FRA:8MW) Accounts Receivable : €0.10 Mil (As of Apr. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Ace Liberty & Stone Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ace Liberty & Stone's accounts receivables for the quarter that ended in Apr. 2023 was €0.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ace Liberty & Stone's Days Sales Outstanding for the quarter that ended in Apr. 2023 was 5.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ace Liberty & Stone's Net-Net Working Capital per share for the quarter that ended in Apr. 2023 was €-0.79.


Ace Liberty & Stone Accounts Receivable Historical Data

The historical data trend for Ace Liberty & Stone'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.

Ace Liberty & Stone Accounts Receivable Chart

Ace Liberty & Stone Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Accounts Receivable
Get a 7-Day Free Trial 0.17 0.47 1.56 0.15 0.10

Ace Liberty & Stone Semi-Annual Data
Apr18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 0.74 0.15 0.66 0.10

Ace Liberty & Stone Accounts Receivable Calculation

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


Ace Liberty & Stone 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.

Ace Liberty & Stone's Days Sales Outstanding for the quarter that ended in Apr. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.099/3.246*91
=5.57

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

Ace Liberty & Stone's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2023 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)
=(7.073+0.75 * 0.099+0.5 * 0-63.348
-0-0)/71.227
=-0.79

* 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.


Ace Liberty & Stone Accounts Receivable Related Terms

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


Ace Liberty & Stone Business Description

Traded in Other Exchanges
Address
C/o Bracher Rawlins Llp, 16 High Holborn, London, GBR, WC1V 6BX
Ace Liberty & Stone PLC is an investment company. Its portfolio includes commercial and residential properties in the United Kingdom. The Group's income derives overwhelmingly from the ownership of commercial properties in the United Kingdom.

Ace Liberty & Stone Headlines

No Headlines