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Bay Capital (LSE:BAY) Accounts Receivable : £0.00 Mil (As of Jun. 2024)


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What is Bay Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bay Capital's accounts receivables for the quarter that ended in Jun. 2024 was £0.00 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. Bay Capital's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was £0.07.


Bay Capital Accounts Receivable Historical Data

The historical data trend for Bay Capital'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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Bay Capital Accounts Receivable Chart

Bay Capital Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
- - -

Bay Capital Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial - - - - -

Bay Capital Accounts Receivable Calculation

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


Bay Capital 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.

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

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

Bay Capital'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)
=(4.893+0.75 * 0+0.5 * 0-0.062
-0-0)/70
=0.07

* 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.


Bay Capital Accounts Receivable Related Terms

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Bay Capital Business Description

Traded in Other Exchanges
N/A
Address
28 Esplanade, Channel Islands, St. Helier, JEY, JE2 3QA
Bay Capital PLC is focused to drive shareholder value through the acquisition of target companies in certain sectors where the Directors believe there to be sustainable growth opportunities both organically and through acquisition. The company is seeking fundamentally sound assets, where tangible opportunities exist to drive strategic, operational, and performance improvements.

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