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Baillie Gifford Shin Nippon (LSE:BGS) Accounts Receivable : £0.00 Mil (As of Jan. 2024)


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What is Baillie Gifford Shin Nippon Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Baillie Gifford Shin Nippon's accounts receivables for the quarter that ended in Jan. 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. Baillie Gifford Shin Nippon's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was £-0.28.


Baillie Gifford Shin Nippon Accounts Receivable Historical Data

The historical data trend for Baillie Gifford Shin Nippon'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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Baillie Gifford Shin Nippon Accounts Receivable Chart

Baillie Gifford Shin Nippon Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
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Baillie Gifford Shin Nippon Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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Baillie Gifford Shin Nippon Accounts Receivable Calculation

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


Baillie Gifford Shin Nippon 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.

Baillie Gifford Shin Nippon's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-28.298*91
=

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

Baillie Gifford Shin Nippon's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(2.965+0.75 * 0+0.5 * 0-88.395
-0-0)/309.757
=-0.28

* 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.


Baillie Gifford Shin Nippon Accounts Receivable Related Terms

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Baillie Gifford Shin Nippon (LSE:BGS) Business Description

Traded in Other Exchanges
Address
Calton Square, 1 Greenside Row, Edinburgh, GBR, EH1 3AN
Baillie Gifford Shin Nippon PLC is an investment company that offers investors participation in a diversified portfolio of shares. Its objective is long-term capital growth from investments in small Japanese companies. The group's investment portfolio is constructed through the identification of individual companies. It invests in consumer discretionary, consumer staples, Communication Services, Financials, Healthcare, Industrials, Information Technology, and Real Estate.

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