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Galimmo SCA (XPAR:GALIM) Accounts Receivable : €11.13 Mil (As of Dec. 2023)


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What is Galimmo SCA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Galimmo SCA's accounts receivables for the quarter that ended in Dec. 2023 was €11.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Galimmo SCA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 85.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Galimmo SCA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-9.16.


Galimmo SCA Accounts Receivable Historical Data

The historical data trend for Galimmo SCA'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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Galimmo SCA Accounts Receivable Chart

Galimmo SCA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.61 19.75 17.34 13.39 11.13

Galimmo SCA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 17.34 13.62 13.39 13.65 11.13

Galimmo SCA Accounts Receivable Calculation

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


Galimmo SCA 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.

Galimmo SCA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.125/23.647*91
=85.86

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

Galimmo SCA'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)
=(58.778+0.75 * 11.125+0.5 * 0-364.23
-0-0)/32.4467
=-9.16

* 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.


Galimmo SCA Accounts Receivable Related Terms

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Galimmo SCA (XPAR:GALIM) Business Description

Traded in Other Exchanges
N/A
Address
34 boulevard des Italiens, Paris, FRA, 75009
Galimmo SCA is a real estate company. The real estate activity of the company is to manage, develop and renovate its portfolio of assets. It is engaged in the valuation and management of shopping malls attached to Cora hypermarkets. The company also owns approximately 15% stake in a group that owns 7 galleries in Belgium.

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