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iPeople (PHS:IPO) Accounts Receivable : ₱1,227 Mil (As of Mar. 2024)


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What is iPeople Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. iPeople's accounts receivables for the quarter that ended in Mar. 2024 was ₱1,227 Mil.

Accounts receivable can be measured by Days Sales Outstanding. iPeople's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 87.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. iPeople's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₱-1.72.


iPeople Accounts Receivable Historical Data

The historical data trend for iPeople'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.

iPeople Accounts Receivable Chart

iPeople Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 901.59 1,160.75 1,246.59 1,429.78 1,634.74

iPeople Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,395.95 1,012.56 1,888.29 1,634.74 1,226.90

iPeople Accounts Receivable Calculation

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


iPeople 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1226.897/1275.725*91
=87.76

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

iPeople'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)
=(2153.853+0.75 * 1226.897+0.5 * 13.363-4548.928
-0-329.376)/1044.26
=-1.72

* 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.


iPeople Accounts Receivable Related Terms

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iPeople (PHS:IPO) Business Description

Traded in Other Exchanges
N/A
Address
219 Sen. Gil J. Puyat Avenue, 3rd Floor, Grepalife Building, Makati City, PHL, 1200
iPeople Inc is involved in education, consulting development, and installation and maintenance of information technology systems. It operates through the Education, and Others segments. The Education segment which receives maximum revenue consists of the revenues of Malayan Education System, Malayan Colleges Laguna, Mapua Information Technology Center, Malayan High School of Science, and Malayan Colleges Mindanao in education. The Others segment represents support services which include the sale of computer equipment, consulting, development, installation, and maintenance of information technology systems.