Capital Hotel (NSA:CHP) Accounts Receivable : ₦370 Mil (As of Dec. 2019)

View and export this data going back to 1990. Start your Free Trial

What is Capital Hotel Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Capital Hotel's accounts receivables for the quarter that ended in Dec. 2019 was ₦370 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Capital Hotel's Days Sales Outstanding for the quarter that ended in Dec. 2019 was 13.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Capital Hotel's Net-Net Working Capital per share for the quarter that ended in Dec. 2019 was ₦-0.28.

Capital Hotel Accounts Receivable Historical Data

The historical data trend for Capital Hotel'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.

Capital Hotel Accounts Receivable Chart

Capital Hotel Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Accounts Receivable

Get a 7-Day Free Trial

233.96

448.87

454.87

527.84

370.38

Capital Hotel Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Accounts Receivable	Get a 7-Day Free Trial			233.96	448.87	454.87	527.84	370.38

Capital Hotel Accounts Receivable Calculation

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

Capital Hotel 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.

Capital Hotel's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	370.38	/	5188.276	*	91
=	13.03

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

Capital Hotel's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2019 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)
=	(2426.761	+	0.75 * 370.38	+	0.5 * 50.83	-	3159.413
-	0	-	0)	/	1548.78
=	-0.28

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.

Capital Hotel Accounts Receivable Related Terms

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

Capital Hotel (NSA:CHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Capital Hotel PLC (NSA:CHP) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Ladi Kwali Street, Wuse Zone 4, Abuja, NGA

Website

http://www.capitalhotelsng.org

Capital Hotel PLC is engaged in hotel business which includes the furnishing of hotels and the sale of accommodation, food, and beverage in the ordinary course of business. Its segments are Rooms, Food, and beverages, and Other services. The company's only hotel, the Sheraton Abuja Hotel, operates and maintains restaurants, apartments for letting, recreational facilities, nightclubs, and a business center.

Capital Hotel (NSA:CHP) Headlines

No Headlines