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Intercede Group (Intercede Group) Accounts Receivable : $4.46 Mil (As of Sep. 2023)


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What is Intercede Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Intercede Group's accounts receivables for the quarter that ended in Sep. 2023 was $4.46 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Intercede Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 93.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Intercede Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $0.09.


Intercede Group Accounts Receivable Historical Data

The historical data trend for Intercede Group'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.

Intercede Group Accounts Receivable Chart

Intercede Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.08 6.12 5.43 5.67 6.22

Intercede Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 3.00 5.67 4.09 6.22 4.46

Intercede Group Accounts Receivable Calculation

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


Intercede Group 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.

Intercede Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.455/8.655*91
=93.94

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

Intercede Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(12.035+0.75 * 4.455+0.5 * 0-10.058
-0-0)/62.429
=0.09

* 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.


Intercede Group Accounts Receivable Related Terms

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Intercede Group (Intercede Group) Business Description

Traded in Other Exchanges
Address
St. Mary's Road, Lutterworth Hall, Lutterworth, Leicestershire, GBR, LE17 4PS
Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment in a simple and cost-effective manner. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, Rest of Europe, North America, and Rest of World. The Majority of its revenue is derived from North America.

Intercede Group (Intercede Group) Headlines

From GuruFocus

Intercede Group PLC Investor Presentation Transcript

By GuruFocus Research 03-26-2024