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Globo (LSE:GBO) Accounts Receivable : £34.07 Mil (As of Jun. 2015)


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What is Globo Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Globo's accounts receivables for the quarter that ended in Jun. 2015 was £34.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Globo's Days Sales Outstanding for the quarter that ended in Jun. 2015 was 119.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Globo's Net-Net Working Capital per share for the quarter that ended in Jun. 2015 was £0.11.


Globo Accounts Receivable Historical Data

The historical data trend for Globo'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.

Globo Accounts Receivable Chart

Globo Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 14.09 14.27 12.89 22.48 35.98

Globo Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 23.75 22.48 26.47 35.98 34.07

Globo Accounts Receivable Calculation

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


Globo 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.

Globo's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=34.066/52.186*91
=119.13

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

Globo's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2015 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)
=(75.194+0.75 * 34.066+0.5 * 3.878-61.582
-0-0)/373.689
=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.


Globo Accounts Receivable Related Terms

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Globo (LSE:GBO) Business Description

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Globo PLC was incorporated in United Kingdom on July 13, 2005. The Company is an international technology innovator delivering enterprise mobility management & mobile application development platforms & services. The Company's operating segments include; Mobile products and services, Telecom services (S.a.a.S), and Third party goods. The Mobile products and services segment sells its mobile software products and services to its clients. The Telecom services (S.a.a.S) combines telecom services with its software products (e-business and WiFi services) that are then sold on software as a service basis. The Third party goods resell third party goods, to its customers, mainly comprising mobile accessories. The Company's product & services portfolio includes; GO!Enterprise Platform products; Enterprise Mobility Products; Small Business Mobility Services; Consumer Mobile Services; and Telecom & SaaS.

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