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Polski Holding Nieruchomosci (STU:2PN) Accounts Receivable : €13.4 Mil (As of Dec. 2023)


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What is Polski Holding Nieruchomosci Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Polski Holding Nieruchomosci's accounts receivables for the quarter that ended in Dec. 2023 was €13.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Polski Holding Nieruchomosci's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 33.92.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Polski Holding Nieruchomosci's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-9.99.


Polski Holding Nieruchomosci Accounts Receivable Historical Data

The historical data trend for Polski Holding Nieruchomosci'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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Polski Holding Nieruchomosci Accounts Receivable Chart

Polski Holding Nieruchomosci 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 19.15 8.89 8.82 12.91 13.43

Polski Holding Nieruchomosci Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.91 16.38 15.70 13.97 13.43

Polski Holding Nieruchomosci Accounts Receivable Calculation

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


Polski Holding Nieruchomosci 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.

Polski Holding Nieruchomosci's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.428/36.124*91
=33.92

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

Polski Holding Nieruchomosci's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(24.327+0.75 * 13.428+0.5 * 48.677-564.954
-0-5.343)/51.2173
=-9.99

* 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.


Polski Holding Nieruchomosci Accounts Receivable Related Terms

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Polski Holding Nieruchomosci (STU:2PN) Business Description

Traded in Other Exchanges
Address
al. Jana Paw?a II 12, Warsaw, POL, 00-124
Polski Holding Nieruchomosci SA engages in the development, management, and sale of commercial as well as residential real estate. It offers properties for lease and venues for training, business meetings, and recreational activities. The company operates through Lease, Property Development, and Other Activities segments. Lease segment which contributes majority revenue engages in leasing of office, retail, warehouse and logistics space, residential and other properties. Property Development segment deals with construction and sale of residential premises.

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