GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Chelverton Growth Trust PLC (LSE:CGW) » Definitions » Accounts Receivable

Chelverton Growth Trust (LSE:CGW) Accounts Receivable : £0.00 Mil (As of Feb. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Chelverton Growth Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chelverton Growth Trust's accounts receivables for the quarter that ended in Feb. 2023 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. Chelverton Growth Trust's Net-Net Working Capital per share for the quarter that ended in Feb. 2023 was £-0.04.


Chelverton Growth Trust Accounts Receivable Historical Data

The historical data trend for Chelverton Growth Trust'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.

Chelverton Growth Trust Accounts Receivable Chart

Chelverton Growth Trust Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Chelverton Growth Trust Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
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 - - - - -

Chelverton Growth Trust Accounts Receivable Calculation

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


Chelverton Growth Trust 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.

Chelverton Growth Trust's Days Sales Outstanding for the quarter that ended in Feb. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-0.032*91
=

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

Chelverton Growth Trust's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(0.013+0.75 * 0+0.5 * 0-0.251
-0-0)/5.4603
=-0.04

* 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.


Chelverton Growth Trust Accounts Receivable Related Terms

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


Chelverton Growth Trust (LSE:CGW) Business Description

Traded in Other Exchanges
N/A
Address
Courtenay Street, Suite 8, Bridge House, Newton Abbot, GBR, TQ12 2QS
Chelverton Growth Trust PLC is an investment trust. Its objective is to provide capital growth through investment in companies listed on the Official List and traded on the Alternative Investment Market with a market capitalization at the time of investment. Its investment objective is to increase net asset value per share at a higher rate than other quoted smaller company trusts and the MSCI Small Cap UK Index. It invests in securities of publicly quoted UK companies, though it might invest in unquoted securities.

Chelverton Growth Trust (LSE:CGW) Headlines