Starcrest Education (LSE:OBOR) Accounts Receivable : £0.00 Mil (As of Jun. 2022)

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What is Starcrest Education Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Starcrest Education's accounts receivables for the quarter that ended in Jun. 2022 was £0.00 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. Starcrest Education's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was £-0.04.

Starcrest Education Accounts Receivable Historical Data

The historical data trend for Starcrest Education'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.

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Starcrest Education Accounts Receivable Chart

Starcrest Education Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Accounts Receivable

0.02

Starcrest Education Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Accounts Receivable	Get a 7-Day Free Trial			0.02	0.02	0.04	-	-

Starcrest Education Accounts Receivable Calculation

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

Starcrest Education 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.

Starcrest Education's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

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

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

Starcrest Education's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 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)
=	(0.017	+	0.75 * 0	+	0.5 * 0	-	0.821
-	0	-	0)	/	21.56
=	-0.04

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.

Starcrest Education Accounts Receivable Related Terms

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Starcrest Education (LSE:OBOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Starcrest Education Ltd (LSE:OBOR) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hutchins Drive, Cricket Square, P.O. Box 2681, Grand Cayman, CYM, KY1-1111

Website

https://www.starcresteducation.com

Starcrest Education Ltd is an international developer and operator of education services in Europe. The newly formed entity has been established to seek relevant acquisitions in the international education sector.