GURUFOCUS.COM » STOCK LIST » Technology » Software » IDOX PLC (LSE:IDOX) » Definitions » Accounts Receivable

IDOX (LSE:IDOX) Accounts Receivable : £24.03 Mil (As of Apr. 2024)


View and export this data going back to 2000. Start your Free Trial

What is IDOX Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. IDOX's accounts receivables for the quarter that ended in Apr. 2024 was £24.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding. IDOX's Days Sales Outstanding for the quarter that ended in Apr. 2024 was 101.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. IDOX's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was £-0.10.


IDOX Accounts Receivable Historical Data

The historical data trend for IDOX'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.

IDOX Accounts Receivable Chart

IDOX Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.82 8.16 6.34 5.56 8.18

IDOX Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 20.97 5.56 23.73 8.18 24.03

IDOX Accounts Receivable Calculation

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


IDOX 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.

IDOX's Days Sales Outstanding for the quarter that ended in Apr. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=24.026/43.149*91
=101.62

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

IDOX's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(18.217+0.75 * 24.026+0.5 * 0-80.967
-0-0)/459.378
=-0.10

* 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.


IDOX Accounts Receivable Related Terms

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


IDOX (LSE:IDOX) Business Description

Industry
Traded in Other Exchanges
Address
Forsyth Road, Unit 5, Woking 8, Surrey, GBR, GU21 5SB
IDOX PLC is a provider of applications to the United Kingdom's local government related to land, people, and property. The company provides public sector companies tools to manage information and knowledge, documents, content, business processes and workflow, and elections management solutions. Its operating segments include Public Sector Software (PSS), Engineering Information Management (EIM). The company generates maximum revenue from the PSS segment. The PSS segment delivers specialist information management solutions and services to the public sector. Geographically, it derives a majority of its revenue from the United Kingdom.

IDOX (LSE:IDOX) Headlines

No Headlines