DSW Capital (LSE:DSW) Accounts Receivable : £1.08 Mil (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is DSW Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DSW Capital's accounts receivables for the quarter that ended in Sep. 2023 was £1.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DSW Capital's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 177.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DSW Capital's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £0.13.

DSW Capital Accounts Receivable Historical Data

The historical data trend for DSW Capital'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.

DSW Capital Accounts Receivable Chart

DSW Capital Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

0.27

0.44

1.35

0.83

0.92

DSW Capital Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial				0.88	0.83	0.90	0.92	1.08

DSW Capital Accounts Receivable Calculation

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

DSW Capital 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.077	/	1.108	*	91
=	177.39

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

DSW Capital'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)
=	(2.817	+	0.75 * 1.077	+	0.5 * 0	-	0.755
-	0	-	0)	/	21.926
=	0.13

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.

DSW Capital Accounts Receivable Related Terms

Thank you for viewing the detailed overview of DSW Capital's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

DSW Capital (LSE:DSW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DSW Capital PLC (LSE:DSW) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7400 Daresbury Park, Daresbury, Warrington, GBR, WA4 4BS

Website

https://www.dswcapital.com

DSW Capital PLC is a challenger mid-market professional services business. It operates a licensing model and licenses the DSW and associated brand names in return for a royalty based on a percentage of fee income. The DSW network currently employs 82 fee earners across England and Scotland. It recruits skilled professionals, in focused niches of expertise to run its own business and provide services to mid-market corporates, owner-managers, private equity firms, and high net-worth individuals.

DSW Capital (LSE:DSW) Headlines

No Headlines