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Bourse Direct (XPAR:BSD) Accounts Receivable : €0.00 Mil (As of Jun. 2024)


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What is Bourse Direct Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bourse Direct's accounts receivables for the quarter that ended in Jun. 2024 was €0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bourse Direct's Days Sales Outstanding for the quarter that ended in Jun. 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. Bourse Direct's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-20.66.


Bourse Direct Accounts Receivable Historical Data

The historical data trend for Bourse Direct'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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Bourse Direct Accounts Receivable Chart

Bourse Direct Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Bourse Direct Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Bourse Direct Accounts Receivable Calculation

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


Bourse Direct 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.

Bourse Direct's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/35.964*91
=0.00

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

Bourse Direct's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(171.01+0.75 * 0+0.5 * 0-1236.437
-0-0.883)/51.609
=-20.66

* 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.


Bourse Direct Accounts Receivable Related Terms

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Bourse Direct Business Description

Traded in Other Exchanges
Address
253 Boulevard Pereire, Paris, FRA, 75852
Bourse Direct is engaged in providing Internet stock brokerage services in France. The company offers a platform of services, tools, and financial products, including French and foreign equities, derivatives, trackers, warrants, certificates, turbos, mutual funds, UCITS, and CFDs, as well as tax exemption, real estate, and life insurance products.