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Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) Accounts Receivable : €0.12 Mil (As of Dec. 2022)


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What is Hoteliere et Immobiliere de Nice SHIN Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hoteliere et Immobiliere de Nice SHIN's accounts receivables for the quarter that ended in Dec. 2022 was €0.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hoteliere et Immobiliere de Nice SHIN's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 3.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hoteliere et Immobiliere de Nice SHIN's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €-46.64.


Hoteliere et Immobiliere de Nice SHIN Accounts Receivable Historical Data

The historical data trend for Hoteliere et Immobiliere de Nice SHIN'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.

Hoteliere et Immobiliere de Nice SHIN Accounts Receivable Chart

Hoteliere et Immobiliere de Nice SHIN Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 0.15 0.17 0.04 0.06 0.12

Hoteliere et Immobiliere de Nice SHIN Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable Get a 7-Day Free Trial 0.15 0.17 0.04 0.06 0.12

Hoteliere et Immobiliere de Nice SHIN Accounts Receivable Calculation

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


Hoteliere et Immobiliere de Nice SHIN 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.

Hoteliere et Immobiliere de Nice SHIN's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.121/6.637*91
=3.33

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

Hoteliere et Immobiliere de Nice SHIN'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)
=(0.806+0.75 * 0.121+0.5 * 0.247-3.757
-0-0)/0.05868
=-46.64

* 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.


Hoteliere et Immobiliere de Nice SHIN Accounts Receivable Related Terms

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Hoteliere et Immobiliere de Nice SHIN (XPAR:MLHIN) Business Description

Traded in Other Exchanges
N/A
Address
50 boulevard Victor Hugo, Nice, FRA, 06000
Hoteliere et Immobiliere de Nice SA SHIN operates in the hotel industry. It provides accommodation, spa services, conference rooms, gym, bar area, among others.

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