Black Pearl Group (NZSE:BPG) Accounts Receivable : NZ$0.37 Mil (As of Mar. 2024)

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What is Black Pearl Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Black Pearl Group's accounts receivables for the quarter that ended in Mar. 2024 was NZ$0.37 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Black Pearl Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 16.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Black Pearl Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NZ$0.01.

Black Pearl Group Accounts Receivable Historical Data

The historical data trend for Black Pearl Group'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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Black Pearl Group Accounts Receivable Chart

Black Pearl Group Annual Data

Trend

Mar23

Mar24

Accounts Receivable

0.30

0.37

Black Pearl Group Semi-Annual Data
	Mar23	Mar24
Accounts Receivable	0.30	0.37

Black Pearl Group Accounts Receivable Calculation

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

Black Pearl Group 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.

Black Pearl Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.368	/	4.053	*	91
=	16.57

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

Black Pearl Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(1.854	+	0.75 * 0.368	+	0.5 * 0	-	1.857
-	0	-	0)	/	53.3094
=	0.01

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.

Black Pearl Group Accounts Receivable Related Terms

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Black Pearl Group (NZSE:BPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Black Pearl Group Ltd (NZSE:BPG) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Level 5, 50 Customhouse Quay, Wellington Central, Wellington, NZL, 6011

Website

https://www.blackpearl.com

Black Pearl Group Ltd is a data technology company that builds, acquires, and markets data-driven cloud services, consisting of a suite of productivity and demand generation applications for small and medium-sized businesses. The Company had two reportable segments based off the Company's major product subscriptions available during the year: Black Pearl Mail and Newoldstamp. The company makes majority of its revenue from subscriptions of Black Pearl Mall.

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