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Pebble Beach Systems Group (LSE:PEB) Accounts Receivable : £2.12 Mil (As of Dec. 2023)


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What is Pebble Beach Systems Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pebble Beach Systems Group's accounts receivables for the quarter that ended in Dec. 2023 was £2.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pebble Beach Systems Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 56.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pebble Beach Systems Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £-0.08.


Pebble Beach Systems Group Accounts Receivable Historical Data

The historical data trend for Pebble Beach Systems Group'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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Pebble Beach Systems Group Accounts Receivable Chart

Pebble Beach Systems Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 1.77 1.86 1.68 2.12

Pebble Beach Systems Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.86 3.81 1.68 3.33 2.12

Pebble Beach Systems Group Accounts Receivable Calculation

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


Pebble Beach Systems Group 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.

Pebble Beach Systems Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.124/6.902*91
=56.16

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

Pebble Beach Systems Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.796+0.75 * 2.124+0.5 * 0.303-12.118
-0-0)/124.477
=-0.08

* 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.


Pebble Beach Systems Group Accounts Receivable Related Terms

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Pebble Beach Systems Group (LSE:PEB) Business Description

Traded in Other Exchanges
Address
Blenheim Road, Unit 1, First Quarter, Epsom, Surrey, GBR, KT19 9QN
Pebble Beach Systems Group PLC is a world leader in designing and delivering automation, integrated channel, and virtualized playout software solutions, with scalable products designed for applications of all sizes. Its customers include TV Globo Brazil, Fox News, Business Channels USA, ZDF Germany, etc. It has Pebble beach systems and Central segments. It derives most of its revenue from the Pebble beach systems segment. The company operates in the UK, Europe, North and Latin America, the Middle East, Africa, and the Asia Pacific.