GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lar Espana Real Estate Socimi SA (OTCPK:LAREF) » Definitions » Accounts Receivable

Lar Espana Real Estate Socimi (Lar Espana Real Estate Socimi) Accounts Receivable : $7.89 Mil (As of Jun. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Lar Espana Real Estate Socimi Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lar Espana Real Estate Socimi's accounts receivables for the quarter that ended in Jun. 2023 was $7.89 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lar Espana Real Estate Socimi's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 28.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lar Espana Real Estate Socimi's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-7.92.


Lar Espana Real Estate Socimi Accounts Receivable Historical Data

The historical data trend for Lar Espana Real Estate Socimi'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.

Lar Espana Real Estate Socimi Accounts Receivable Chart

Lar Espana Real Estate Socimi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 1.84 2.36 26.94 20.20 4.47

Lar Espana Real Estate Socimi Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 29.30 20.20 16.26 4.47 7.89

Lar Espana Real Estate Socimi Accounts Receivable Calculation

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


Lar Espana Real Estate Socimi 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.

Lar Espana Real Estate Socimi's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.891/51.169*91
=28.14

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

Lar Espana Real Estate Socimi's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(98.821+0.75 * 7.891+0.5 * 0-767.317
-0-0)/83.6252
=-7.92

* 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.


Lar Espana Real Estate Socimi Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Lar Espana Real Estate Socimi's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Lar Espana Real Estate Socimi (Lar Espana Real Estate Socimi) Business Description

Traded in Other Exchanges
Address
Calle Maria de Molina 39, 10th Floor, Madrid, ESP, 28006
Lar Espana Real Estate Socimi SA invests in and manages real estate assets, focusing on retail properties throughout Spain, office properties in Madrid & Barcelona, and the possibility of investing opportunistically on residential assets. Its main activity is the acquisition and management of shopping centres, may invest to a lesser extent in other assets for rent or for direct sale (commercial premises, industrial premises, logistics centres, offices and residential products).

Lar Espana Real Estate Socimi (Lar Espana Real Estate Socimi) Headlines

No Headlines