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CIEL (XMAU:CIEL) Accounts Receivable : MUR0 Mil (As of Dec. 2024)


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What is CIEL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CIEL's accounts receivables for the quarter that ended in Dec. 2024 was MUR0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CIEL's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CIEL's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was MUR-50.75.


CIEL Accounts Receivable Historical Data

The historical data trend for CIEL'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.

CIEL Accounts Receivable Chart

CIEL Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,287.07 2,334.88 4,200.09 4,176.63 4,299.57

CIEL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - 4,299.57 - -

CIEL Accounts Receivable Calculation

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


CIEL 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/10007.588*91
=0.00

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

CIEL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0+0.75 * 0+0.5 * 0-73888.584
-0-12093.162)/1694.115
=-50.75

* 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.


CIEL Accounts Receivable Related Terms

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CIEL Business Description

Traded in Other Exchanges
N/A
Address
Rue de l’Institut, 5th Floor, Ebene Skies, Ebene, MUS
CIEL Ltd is an investment holding company. Its reportable segments include; Textile which generates maximum revenue and derives income mainly from the sale of knitwear, woven, and fine knits products; Agro which earns income mainly from sugar production; Finance services which derives income mainly from banking, fiduciary products, and portfolio management; Healthcare derives income through the running of healthcare facilities; Hotels and Resorts derive income through the ownership and management of a portfolio of hotels; Properties generate income mainly from land and property development; and the CIEL and others segment derives income through dividend return from its investments. Geographically, it derives key revenue from Mauritius followed by Madagascar, Asia, South Africa, and others.

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