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Nexus Infrastructure (LSE:NEXS) Accounts Receivable : £24.60 Mil (As of Mar. 2024)


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What is Nexus Infrastructure Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nexus Infrastructure's accounts receivables for the quarter that ended in Mar. 2024 was £24.60 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nexus Infrastructure's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 173.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nexus Infrastructure's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was £0.36.


Nexus Infrastructure Accounts Receivable Historical Data

The historical data trend for Nexus Infrastructure'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.

Nexus Infrastructure Accounts Receivable Chart

Nexus Infrastructure Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.28 35.29 35.96 28.91 23.27

Nexus Infrastructure Semi-Annual Data
Sep14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 42.94 28.91 31.91 23.27 24.60

Nexus Infrastructure Accounts Receivable Calculation

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


Nexus Infrastructure 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.

Nexus Infrastructure's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=24.602/25.838*91
=173.77

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

Nexus Infrastructure's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(9.232+0.75 * 24.602+0.5 * 0.044-24.457
-0-0)/9.034
=0.36

* 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.


Nexus Infrastructure Accounts Receivable Related Terms

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Nexus Infrastructure (LSE:NEXS) Business Description

Traded in Other Exchanges
N/A
Address
Nexus Park, Avenue East, Skyline 120, Great Notley, Braintree, Essex, GBR, CM77 7AL
Nexus Infrastructure PLC engages in the provision of infrastructure services in the house-building and commercial sectors in the United Kingdom. The Group business includes Tamdown, a Civil Engineering business, that provides a range of civil engineering and infrastructure services to the UK housebuilding sector. These services include earthworks, building highways, substructures, and basements, and installing sustainable drainage systems. It operates in the South East of England and London.

Nexus Infrastructure (LSE:NEXS) Headlines