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Bloomsbury Publishing (LSE:BMY) Accounts Receivable : £73.7 Mil (As of Aug. 2023)


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What is Bloomsbury Publishing Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bloomsbury Publishing's accounts receivables for the quarter that ended in Aug. 2023 was £73.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bloomsbury Publishing's Days Sales Outstanding for the quarter that ended in Aug. 2023 was 98.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bloomsbury Publishing's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was £-0.11.


Bloomsbury Publishing Accounts Receivable Historical Data

The historical data trend for Bloomsbury Publishing'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.

Bloomsbury Publishing Accounts Receivable Chart

Bloomsbury Publishing Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.01 52.42 58.67 65.21 69.22

Bloomsbury Publishing Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 61.73 65.21 72.20 69.22 73.68

Bloomsbury Publishing Accounts Receivable Calculation

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


Bloomsbury Publishing 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.

Bloomsbury Publishing's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=73.681/136.682*91
=98.38

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

Bloomsbury Publishing's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(39.109+0.75 * 73.681+0.5 * 40.385-123.645
-0-0)/81.949
=-0.11

* 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.


Bloomsbury Publishing Accounts Receivable Related Terms

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Bloomsbury Publishing (LSE:BMY) Business Description

Traded in Other Exchanges
Address
50 Bedford Square, London, GBR, WC1B 3DP
Bloomsbury Publishing PLC is a publisher of books and other media for general readers, children, students, researchers, and professionals. It offers authors access to these multiple markets in multiple formats throughout the world in print, through e-books, digital downloads, and apps in schools, libraries, universities, and in terrestrial and internet bookshops. The company divisions are Consumer and Non-Consumer. Consumer division is split out into Children's Trade and Adult Trade; and Non-Consumer split between Academic and Professional, Education, Special Interest, and Content Services. It derives maximum revenue from the Consumer division segment. The company operates in the UK, North America, and other countries.