GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pacific Assets Trust PLC (LSE:PAC) » Definitions » Accounts Receivable

Pacific Assets Trust (LSE:PAC) Accounts Receivable : £0.00 Mil (As of Jan. 2024)


View and export this data going back to 1985. Start your Free Trial

What is Pacific Assets Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pacific Assets Trust's accounts receivables for the quarter that ended in Jan. 2024 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. Pacific Assets Trust's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was £-0.05.


Pacific Assets Trust Accounts Receivable Historical Data

The historical data trend for Pacific Assets Trust'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.

Pacific Assets Trust Accounts Receivable Chart

Pacific Assets Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Pacific Assets Trust Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - - - - -

Pacific Assets Trust Accounts Receivable Calculation

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


Pacific Assets Trust 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.

Pacific Assets Trust's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-4.713*91
=

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

Pacific Assets Trust's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(6.191+0.75 * 0+0.5 * 0-12.513
-0-0)/120.958
=-0.05

* 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.


Pacific Assets Trust Accounts Receivable Related Terms

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


Pacific Assets Trust (LSE:PAC) Business Description

Traded in Other Exchanges
Address
16 Charlotte Square, Edinburgh, GBR, EH2 4DF
Pacific Assets Trust PLC is a UK-based investment trust. It aims to achieve long-term capital growth through investment in selected companies in the Asia-Pacific region and the Indian sub-continent excluding Japan, Australia, and New Zealand.