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Sutton Harbour Group (LSE:SUH) Accounts Receivable : £0.65 Mil (As of Mar. 2024)


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What is Sutton Harbour Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sutton Harbour Group's accounts receivables for the quarter that ended in Mar. 2024 was £0.65 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sutton Harbour Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 9.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sutton Harbour Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was £-0.16.


Sutton Harbour Group Accounts Receivable Historical Data

The historical data trend for Sutton Harbour 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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Sutton Harbour Group Accounts Receivable Chart

Sutton Harbour Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.81 0.56 0.66 0.65

Sutton Harbour Group Semi-Annual Data
Sep14 Mar15 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 Premium Member Only 0.56 1.52 0.66 2.14 0.65

Sutton Harbour Group Accounts Receivable Calculation

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


Sutton Harbour 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.

Sutton Harbour Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.645/11.907*91
=9.89

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

Sutton Harbour Group'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)
=(0.782+0.75 * 0.645+0.5 * 17.295-33.249
-0-0)/142.938
=-0.16

* 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.


Sutton Harbour Group Accounts Receivable Related Terms

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Sutton Harbour Group Business Description

Traded in Other Exchanges
N/A
Address
2B North East Quay, Ground Floor, Sutton Harbour, Plymouth, GBR, PL4 0BN
Sutton Harbour Group PLC owns and operates the harbor and its ancillary facilities. Its operating segment includes Marine, Real Estate, Car Parking, and Regeneration. The company generates maximum revenue from the Marine segment, which generates revenue from the marina and commercial berthing fees, fishmarket landing dues, and other marine-related revenue including fuel sales and other ancillary income. The regeneration segment generates revenues from property sales and the real segment from rent.

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