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MoneySwap (LSE:SWAP) Accounts Receivable : £0.00 Mil (As of Sep. 2016)


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What is MoneySwap Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MoneySwap's accounts receivables for the quarter that ended in Sep. 2016 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MoneySwap's Days Sales Outstanding for the quarter that ended in Sep. 2016 was 2.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MoneySwap's Net-Net Working Capital per share for the quarter that ended in Sep. 2016 was £-0.00.


MoneySwap Accounts Receivable Historical Data

The historical data trend for MoneySwap'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.

MoneySwap Accounts Receivable Chart

MoneySwap Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 1.11 - - - -

MoneySwap Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16
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 - - - - -

MoneySwap Accounts Receivable Calculation

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


MoneySwap 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.

MoneySwap's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.002/0.167*91
=2.19

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

MoneySwap's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2016 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)
=(0.103+0.75 * 0.002+0.5 * 0-2.942
-0-0)/1197.76
=-0.00

* 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.


MoneySwap Accounts Receivable Related Terms

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MoneySwap (LSE:SWAP) Business Description

Traded in Other Exchanges
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Address
MoneySwap PLC was incorporated on April 12, 2006. The Company and its subsidiaries are engaged in providing prepaid card services and merchant acquisition services to China UnionPay, and operating an online peer to peer foreign exchange and payment platform. Its business lines include Prepaid cards, Merchant acquisition for CUP, and Small and medium-sized entities and International remittance. Its geographical segments include Europe and Asia-Pacific.

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