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Dias Aquaculture (LTS:0J90) Accounts Receivable : £1.86 Mil (As of Jun. 2016)


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What is Dias Aquaculture Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dias Aquaculture's accounts receivables for the quarter that ended in Jun. 2016 was £1.86 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. Dias Aquaculture's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was £-0.47.


Dias Aquaculture Accounts Receivable Historical Data

The historical data trend for Dias Aquaculture'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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Dias Aquaculture Accounts Receivable Chart

Dias Aquaculture Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial 16.95 29.88 31.03 - -

Dias Aquaculture Quarterly Data
Jun09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Sep12 Sep13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16
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 2.51 - - - 1.86

Dias Aquaculture Accounts Receivable Calculation

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


Dias Aquaculture 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.

Dias Aquaculture's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.857/0*91
=

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

Dias Aquaculture's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.165+0.75 * 1.857+0.5 * 0-15.782
-0-0)/30.160
=-0.47

* 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.


Dias Aquaculture Accounts Receivable Related Terms

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Dias Aquaculture (LTS:0J90) Business Description

Traded in Other Exchanges
N/A
Address
10 klm Attikis Odou - Thesi Tripio Lithari, Mandra, GRC, 14564
Dias Aquaculture SA through its subsidiaries is engaged in aquaculture, breeding juveniles in hatching stations, raising and selling Mediterranean euryhaline fish, trading fish and third-party fish feed, and manufacturing fish feed. The company's main products are sea bream, sea bass, fish juveniles, gutted fish and fish fillet, map products.

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