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Tintra (LSE:TNT) Accounts Receivable : £0.50 Mil (As of Jan. 2023)


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What is Tintra Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tintra's accounts receivables for the quarter that ended in Jan. 2023 was £0.50 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. Tintra's Net-Net Working Capital per share for the quarter that ended in Jan. 2023 was £-0.16.


Tintra Accounts Receivable Historical Data

The historical data trend for Tintra'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.

Tintra Accounts Receivable Chart

Tintra Annual Data
Trend Jul12 Jul13 Jul14 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 0.92 0.14 - 0.50

Tintra Semi-Annual Data
Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23
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 0.14 0.33 - 0.16 0.50

Tintra Accounts Receivable Calculation

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


Tintra 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.

Tintra's Days Sales Outstanding for the quarter that ended in Jan. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.501/0*91
=

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

Tintra's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(8.776+0.75 * 0.501+0.5 * 0-11.67
-0-0)/15.4537
=-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.


Tintra Accounts Receivable Related Terms

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Tintra (LSE:TNT) Business Description

Traded in Other Exchanges
Address
Berkeley Square House, 2nd Floor, Berkeley Square, London, GBR, W1J 6BD
Tintra PLC is a deep tech company using revolutionary artificial intelligence to drive financial and social inclusion via its own network of banks. The principal activity of the company is of final divestment of legacy business operations and research and development focused on delivering financial inclusion and to be the first Web 3.0 clearing bank based around artificial intelligence innovations. The company operates in United Kingdom.

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