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Accrol Group Holdings (LSE:ACRL) Accounts Receivable : £29.9 Mil (As of Oct. 2023)


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What is Accrol Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Accrol Group Holdings's accounts receivables for the quarter that ended in Oct. 2023 was £29.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Accrol Group Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2023 was 54.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Accrol Group Holdings's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was £-0.25.


Accrol Group Holdings Accounts Receivable Historical Data

The historical data trend for Accrol Group Holdings'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.

Accrol Group Holdings Accounts Receivable Chart

Accrol Group Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.98 16.91 23.29 26.66 26.56

Accrol Group Holdings Semi-Annual Data
Apr13 Apr14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 24.49 26.66 31.87 26.56 29.90

Accrol Group Holdings Accounts Receivable Calculation

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


Accrol Group Holdings 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.

Accrol Group Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.895/100.316*91
=54.39

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

Accrol Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(3.262+0.75 * 29.895+0.5 * 22.312-119.501
-0-0)/332.849
=-0.25

* 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.


Accrol Group Holdings Accounts Receivable Related Terms

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Accrol Group Holdings (LSE:ACRL) Business Description

Traded in Other Exchanges
Address
Roman Road, Delta Building, Blackburn, Lancashire, GBR, BB1 2LD
Accrol Group Holdings PLC manufactures soft tissue products. Its products are away from home, toilet rolls, kitchen towels, and facial tissues. The company supplies its products to retailers in the household sector and national distributors away from the home sector. The firm's production facility is in Lancashire. Its geographical segments are the United Kingdom and Europe. The company derives most of its revenues from the United Kingdom segment. It has developed and promoted brands such as Handy, Mega, Mighty and Thirsty bubbles, Softy, Sofcell, and envirosoft.

Accrol Group Holdings (LSE:ACRL) Headlines