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Legible (FRA:D0T) Accounts Receivable : €0.00 Mil (As of Sep. 2024)


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What is Legible Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Legible's accounts receivables for the quarter that ended in Sep. 2024 was €0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Legible's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Legible's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-0.03.


Legible Accounts Receivable Historical Data

The historical data trend for Legible'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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Legible Accounts Receivable Chart

Legible Annual Data
Trend Jun20 Jun21 Dec22 Dec23
Accounts Receivable
- - - -

Legible Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Legible Accounts Receivable Calculation

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


Legible 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.

Legible's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.015*91
=0.00

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

Legible's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.183+0.75 * 0+0.5 * 0-3.88
-0-0)/137.457
=-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.


Legible Accounts Receivable Related Terms

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Legible Business Description

Traded in Other Exchanges
Address
2230 Ontario Street, Vancouver, BC, CAN, V5T 2X2
Legible Inc is a book entertainment and media company. The Company has developed two high-value verticals; firstly, a browser first accessible B2C eBook entertainment platform for the emerging web with high-growth potential called legible.com - an eBook entertainment platform delivering beautiful, accessible & immersive reading for next-generation readers; and secondly, a B2B eBook conversion and production service with high-revenue potential called Legible Publishing.

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