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France Tourisme Immobilier (XPAR:MLFTI) Accounts Receivable : €0.03 Mil (As of Dec. 2022)


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What is France Tourisme Immobilier Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. France Tourisme Immobilier's accounts receivables for the quarter that ended in Dec. 2022 was €0.03 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. France Tourisme Immobilier's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €-0.03.


France Tourisme Immobilier Accounts Receivable Historical Data

The historical data trend for France Tourisme Immobilier'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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France Tourisme Immobilier Accounts Receivable Chart

France Tourisme Immobilier Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 0.03 0.03 0.03 0.03 0.03

France Tourisme Immobilier Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable Get a 7-Day Free Trial 0.03 0.03 0.03 0.03 0.03

France Tourisme Immobilier Accounts Receivable Calculation

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


France Tourisme Immobilier 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.

France Tourisme Immobilier's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.025/0*91
=

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

France Tourisme Immobilier's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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 * 0.025+0.5 * 0-0.949
-0-0)/29.2427
=-0.03

* 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.


France Tourisme Immobilier Accounts Receivable Related Terms

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France Tourisme Immobilier (XPAR:MLFTI) Business Description

Traded in Other Exchanges
N/A
Address
The Meadows of Flain, Paris, FRA, 74300
France Tourisme Immobilier SA is engaged in the real estate industry. The company owns and manages real estate assets in Europe.

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