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DP Aircraft I (LSE:DPA) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


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What is DP Aircraft I Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DP Aircraft I's accounts receivables for the quarter that ended in Dec. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DP Aircraft I's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DP Aircraft I's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.45.


DP Aircraft I Accounts Receivable Historical Data

The historical data trend for DP Aircraft I'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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DP Aircraft I Accounts Receivable Chart

DP Aircraft I Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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DP Aircraft I Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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DP Aircraft I Accounts Receivable Calculation

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


DP Aircraft I 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.

DP Aircraft I's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/2.573*91
=0.00

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

DP Aircraft I's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.915+0.75 * 0+0.5 * 0-108.634
-0-0)/239.333
=-0.45

* 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.


DP Aircraft I Accounts Receivable Related Terms

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DP Aircraft I (LSE:DPA) Business Description

Traded in Other Exchanges
N/A
Address
Les Banques, East Wing, Trafalgar Court, Saint Peter Port, Channel Islands, GGY, GY1 3PP
DP Aircraft I Ltd is a holding company and makes its investment in aircraft through wholly-owned subsidiary entities. The company's principal activity is to purchase, lease, and then sell Boeing 787-8s Aircraft (the Assets). The investment objective of the group is to obtain income and capital returns for the company's shareholders by acquiring, leasing and then, when the Board considers it appropriate, selling the Assets. The group is engaged in a single segment of the business, being acquiring, leasing, and subsequent selling of Aircraft. It earns revenue majorly from its lease rental business.

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