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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Accounts Receivable : €0.09 Mil (As of Dec. 2023)


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What is Olimpo Real Estate Portugal SIGI Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Olimpo Real Estate Portugal SIGI's accounts receivables for the quarter that ended in Dec. 2023 was €0.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Olimpo Real Estate Portugal SIGI's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 6.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Olimpo Real Estate Portugal SIGI's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-3.09.


Olimpo Real Estate Portugal SIGI Accounts Receivable Historical Data

The historical data trend for Olimpo Real Estate Portugal SIGI'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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Olimpo Real Estate Portugal SIGI Accounts Receivable Chart

Olimpo Real Estate Portugal SIGI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - 0.07 0.16 0.09

Olimpo Real Estate Portugal SIGI Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial 0.07 0.03 0.16 0.01 0.09

Olimpo Real Estate Portugal SIGI Accounts Receivable Calculation

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


Olimpo Real Estate Portugal SIGI 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.

Olimpo Real Estate Portugal SIGI's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.094/2.612*91
=6.57

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

Olimpo Real Estate Portugal SIGI'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)
=(2.543+0.75 * 0.094+0.5 * 0-41.41
-0-0)/12.55
=-3.09

* 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.


Olimpo Real Estate Portugal SIGI Accounts Receivable Related Terms

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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Business Description

Traded in Other Exchanges
N/A
Address
Lugar do Espido, Via Norte, Miaia, PRT, 4471-909
Olimpo Real Estate Portugal SIGI SA is a real estate investment and asset management company. The company's objectives are to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Headlines

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