GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mattioli Woods PLC (LSE:MTW) » Definitions » Accounts Receivable

Mattioli Woods (LSE:MTW) Accounts Receivable : £31.0 Mil (As of Nov. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Mattioli Woods Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mattioli Woods's accounts receivables for the quarter that ended in Nov. 2023 was £31.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mattioli Woods's Days Sales Outstanding for the quarter that ended in Nov. 2023 was 95.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mattioli Woods's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was £-0.27.


Mattioli Woods Accounts Receivable Historical Data

The historical data trend for Mattioli Woods'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.

Mattioli Woods Accounts Receivable Chart

Mattioli Woods Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.38 5.50 5.18 11.00 7.52

Mattioli Woods Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 26.49 11.00 26.58 7.52 31.03

Mattioli Woods Accounts Receivable Calculation

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


Mattioli Woods 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.

Mattioli Woods's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=31.028/59.132*91
=95.76

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

Mattioli Woods's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(32.719+0.75 * 31.028+0.5 * 0-69.613
-0-0.485)/51.885
=-0.27

* 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.


Mattioli Woods Accounts Receivable Related Terms

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


Mattioli Woods Business Description

Traded in Other Exchanges
N/A
Address
1 New Walk Place, Leicester, GBR, LE1 6RU
Mattioli Woods PLC is a UK-based company that is engaged in providing wealth management and employee benefit services. The company's operating segments include Pension consultancy and administration; Investment and asset management; Property management; and Employee benefits. It generates maximum revenue from the Investment and asset management segment. Investment and asset management income generated is from the management and placing of investments on behalf of clients.