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COMPAGNIE GENERALE IMMOBILIERE - CGI (CAS:CGI) Accounts Receivable : MAD1,992 Mil (As of Dec. 2014)


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What is COMPAGNIE GENERALE IMMOBILIERE - CGI Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. COMPAGNIE GENERALE IMMOBILIERE - CGI's accounts receivables for the quarter that ended in Dec. 2014 was MAD1,992 Mil.

Accounts receivable can be measured by Days Sales Outstanding. COMPAGNIE GENERALE IMMOBILIERE - CGI's Days Sales Outstanding for the quarter that ended in Dec. 2014 was 492.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. COMPAGNIE GENERALE IMMOBILIERE - CGI's Net-Net Working Capital per share for the quarter that ended in Dec. 2014 was MADN/A.


COMPAGNIE GENERALE IMMOBILIERE - CGI Accounts Receivable Historical Data

The historical data trend for COMPAGNIE GENERALE IMMOBILIERE - CGI'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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COMPAGNIE GENERALE IMMOBILIERE - CGI Accounts Receivable Chart

COMPAGNIE GENERALE IMMOBILIERE - CGI Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Receivable
Get a 7-Day Free Trial 1,715.75 1,318.97 1,729.76 2,451.81 1,991.59

COMPAGNIE GENERALE IMMOBILIERE - CGI Semi-Annual Data
Jun13 Dec13 Jun14 Dec14
Accounts Receivable - 2,451.81 2,468.65 1,991.59

COMPAGNIE GENERALE IMMOBILIERE - CGI Accounts Receivable Calculation

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


COMPAGNIE GENERALE IMMOBILIERE - CGI 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.

COMPAGNIE GENERALE IMMOBILIERE - CGI's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1991.586/738.261*91
=492.33

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

COMPAGNIE GENERALE IMMOBILIERE - CGI's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2014 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)
=(357.738+0.75 * 1991.586+0.5 * 11585.562-14599.623
-0-14.059)/0
=N/A

* 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.


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COMPAGNIE GENERALE IMMOBILIERE - CGI (CAS:CGI) Business Description

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