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CTP NV (STU:3YZ) Accounts Receivable : €268.2 Mil (As of Mar. 2024)


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What is CTP NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CTP NV's accounts receivables for the quarter that ended in Mar. 2024 was €268.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CTP NV's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 128.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CTP NV's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-17.74.


CTP NV Accounts Receivable Historical Data

The historical data trend for CTP NV'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.

CTP NV Accounts Receivable Chart

CTP NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
24.49 36.42 54.60 64.70

CTP NV Quarterly Data
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 263.60 247.00 234.10 64.70 268.20

CTP NV Accounts Receivable Calculation

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


CTP NV 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=268.2/190.2*91
=128.67

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

CTP NV'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)
=(1232.2+0.75 * 268.2+0.5 * 0-9385.5
-0-0)/448.154
=-17.74

* 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.


CTP NV Accounts Receivable Related Terms

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CTP NV (STU:3YZ) Business Description

Address
Apollolaan 151, Amsterdam, NH, NLD, 1077
CTP NV is the full-service commercial real estate developer managing and delivering custom-built, high-tech business parks throughout Central and Eastern Europe. A vast majority of its revenue is earned through rental income. Its segments include the Czech Republic, Romania, Hungary, Slovakia, The Netherlands, Other geographical segments, and the Hotel segment.

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