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Micro Focus International (STU:M7Q7) Accounts Receivable : €600 Mil (As of Apr. 2022)


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What is Micro Focus International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Micro Focus International's accounts receivables for the quarter that ended in Apr. 2022 was €600 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Micro Focus International's Days Sales Outstanding for the quarter that ended in Apr. 2022 was 93.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Micro Focus International's Net-Net Working Capital per share for the quarter that ended in Apr. 2022 was €-15.06.


Micro Focus International Accounts Receivable Historical Data

The historical data trend for Micro Focus International'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.

Micro Focus International Accounts Receivable Chart

Micro Focus International Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Oct19 Oct20 Oct21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 215.21 245.96 755.29 518.93 624.78

Micro Focus International Semi-Annual Data
Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22
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 685.31 518.93 526.43 624.78 599.68

Micro Focus International Accounts Receivable Calculation

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


Micro Focus International 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.

Micro Focus International's Days Sales Outstanding for the quarter that ended in Apr. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=599.678/1175.65*91
=93.09

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

Micro Focus International's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2022 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)
=(535.876+0.75 * 599.678+0.5 * 0-6045.298
-0-0)/335.939
=-15.06

* 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.


Micro Focus International Accounts Receivable Related Terms

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Micro Focus International (STU:M7Q7) Business Description

Traded in Other Exchanges
N/A
Address
22-30 Old Bath Road, The Lawn, Newbury, Berkshire, GBR, RG14 1QN
Micro Focus International is an enterprise software company supporting the technology needs and challenges. Its solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Its product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management and Governance and Application Modernization and Connectivity.

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