La Forestiere Equatoriale (XPAR:FORE) Accounts Receivable : €0.00 Mil (As of Jun. 2023)

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What is La Forestiere Equatoriale Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. La Forestiere Equatoriale's accounts receivables for the quarter that ended in Jun. 2023 was €0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. La Forestiere Equatoriale's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-1.76.

La Forestiere Equatoriale Accounts Receivable Historical Data

The historical data trend for La Forestiere Equatoriale'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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La Forestiere Equatoriale Accounts Receivable Chart

La Forestiere Equatoriale Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

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7.91

8.91

7.32

La Forestiere Equatoriale Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Receivable	Get a 7-Day Free Trial															8.26	-	-	-	-

La Forestiere Equatoriale Accounts Receivable Calculation

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

La Forestiere Equatoriale 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.

La Forestiere Equatoriale's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

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

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

La Forestiere Equatoriale's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(0.006	+	0.75 * 0	+	0.5 * 0	-	0.255
-	0	-	0)	/	0.14133
=	-1.76

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.

La Forestiere Equatoriale Accounts Receivable Related Terms

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La Forestiere Equatoriale (XPAR:FORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » La Forestiere Equatoriale (XPAR:FORE) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

78 Avenue Raymond Poincare, Paris, FRA, 75116

Website

http://www.forestiere-equatoriale.com

La Forestiere Equatoriale is a holding company and is part of the Bollore group. The Company has stakes through Sofib in Sitarail, a company that manages the passenger and freight railway link between the Ivory Coast and Burkina-Faso.