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Hydrogen Utopia International (LSE:HUI) Accounts Receivable : £1.15 Mil (As of Jun. 2024)


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What is Hydrogen Utopia International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hydrogen Utopia International's accounts receivables for the quarter that ended in Jun. 2024 was £1.15 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. Hydrogen Utopia International's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was £0.00.


Hydrogen Utopia International Accounts Receivable Historical Data

The historical data trend for Hydrogen Utopia International'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.

Hydrogen Utopia International Accounts Receivable Chart

Hydrogen Utopia International Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
2.00 - -

Hydrogen Utopia International Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial 0.11 - 0.26 - 1.15

Hydrogen Utopia International Accounts Receivable Calculation

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


Hydrogen Utopia International 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.

Hydrogen Utopia International's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.153/0*91
=

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

Hydrogen Utopia International's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 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)
=(0.239+0.75 * 1.153+0.5 * 0-0.715
-0-0)/385.52
=0.00

* 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.


Hydrogen Utopia International Accounts Receivable Related Terms

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Hydrogen Utopia International Business Description

Traded in Other Exchanges
Address
105-108 Old Broad Street, 3rd Floor, Pinners Hall, London, GBR, EC2N 1ER
Hydrogen Utopia International PLC develops non-recyclable waste plastics for hydrogen technology. It uses non-recyclable mixed waste plastic as feedstock and turns it into syngas from which new products and energy can be produced.

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