GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cleantech Building Materials PLC (LSE:CBM) » Definitions » Accounts Receivable

Cleantech Building Materials (LSE:CBM) Accounts Receivable : £0.24 Mil (As of Jun. 2021)


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

What is Cleantech Building Materials Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cleantech Building Materials's accounts receivables for the quarter that ended in Jun. 2021 was £0.24 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cleantech Building Materials's Days Sales Outstanding for the quarter that ended in Jun. 2021 was 75.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cleantech Building Materials's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was £N/A.


Cleantech Building Materials Accounts Receivable Historical Data

The historical data trend for Cleantech Building Materials'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.

Cleantech Building Materials Accounts Receivable Chart

Cleantech Building Materials Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial - 0.02 - - -

Cleantech Building Materials Semi-Annual Data
Mar15 Mar16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.22 - 0.57 - 0.24

Cleantech Building Materials Accounts Receivable Calculation

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


Cleantech Building Materials 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.

Cleantech Building Materials's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.24/0.584*91
=75.00

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

Cleantech Building Materials's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 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)
=(0.052+0.75 * 0.24+0.5 * 0-1.206
-0-0.098)/0
=N/A

* 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.


Cleantech Building Materials Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Cleantech Building Materials's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Cleantech Building Materials (LSE:CBM) Business Description

Traded in Other Exchanges
N/A
Address
7 Trebeck Street, London, GBR, W1J 7LU
Cleantech Building Materials PLC provides building materials. It is engaged in the sale of specialist wood products, technology licensing, sourcing and procurement, business development and investment holding. The group generates revenue from the ASEAN region.

Cleantech Building Materials (LSE:CBM) Headlines

No Headlines