GURUFOCUS.COM » STOCK LIST » Technology » Software » Windward Ltd (LSE:WNWD) » Definitions » Accounts Receivable

Windward (LSE:WNWD) Accounts Receivable : £2.44 Mil (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Windward Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Windward's accounts receivables for the quarter that ended in Jun. 2024 was £2.44 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. Windward's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was £-0.05.


Windward Accounts Receivable Historical Data

The historical data trend for Windward'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.

Windward Accounts Receivable Chart

Windward Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 0.97 0.41 1.24 2.01 1.98

Windward Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.91 2.01 1.30 1.98 2.44

Windward Accounts Receivable Calculation

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


Windward 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.

Windward's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.437/0*91
=

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

Windward's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(10.83+0.75 * 2.437+0.5 * 0-17.289
-0-0)/88.654
=-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.


Windward Accounts Receivable Related Terms

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


Windward Business Description

Traded in Other Exchanges
N/A
Address
2 Hashlosha Street, Tel Aviv, ISR, 6706054
Windward Ltd is a predictive intelligence company, fusing artificial intelligence and maritime expertise seeking to digitalize the maritime industry. The company's AI-powered software solution aims to provide real-time information and insights on seafaring vessels at sea, enabling stakeholders within the maritime ecosystem to make intelligence-driven decisions to manage risk and achieve business and operational insights. Geographically company generates the majority of its revenue from Europe and also has a presence in Israel, the United States, APAC, GCC, and South America.

Windward Headlines

No Headlines