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Bright Scholar Education Holdings (FRA:BSK0) Accounts Receivable : €3.6 Mil (As of Feb. 2024)


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What is Bright Scholar Education Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bright Scholar Education Holdings's accounts receivables for the quarter that ended in Feb. 2024 was €3.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bright Scholar Education Holdings's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 4.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bright Scholar Education Holdings's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was €-10.52.


Bright Scholar Education Holdings Accounts Receivable Historical Data

The historical data trend for Bright Scholar Education 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.

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Bright Scholar Education Holdings Accounts Receivable Chart

Bright Scholar Education Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 1.80 5.48 2.63 2.43

Bright Scholar Education Holdings Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 4.45 3.98 2.43 3.67 3.61

Bright Scholar Education Holdings Accounts Receivable Calculation

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


Bright Scholar Education 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.

Bright Scholar Education Holdings's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.612/67.197*91
=4.90

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

Bright Scholar Education Holdings's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(65.018+0.75 * 3.612+0.5 * 0.681-361.517
-0-19.381)/29.7262
=-10.52

* 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.


Bright Scholar Education Holdings Accounts Receivable Related Terms

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Bright Scholar Education Holdings (FRA:BSK0) Business Description

Traded in Other Exchanges
Address
No. 1, Country Garden Road, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528300
Bright Scholar Education Holdings Ltd operates as an education service provider. The company offers overseas schools, complementary education services, and domestic kindergartens and K12 operation services. The group's overseas K12 education has several K12 schools, art colleges, language training institutions, and summer schools around the world. The complimentary education services segment of the company predominantly includes camp programs, after-school programs, through a network of learning centers in China, as well as international education consulting services. Geographically, the company operates in China which is the key revenue generating market, Canada, United States, and United Kingdom.

Bright Scholar Education Holdings (FRA:BSK0) Headlines

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