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Rockwood Strategic (LSE:GHS) Accounts Receivable : £0.00 Mil (As of Sep. 2023)


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What is Rockwood Strategic Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rockwood Strategic's accounts receivables for the quarter that ended in Sep. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

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


Rockwood Strategic Accounts Receivable Historical Data

The historical data trend for Rockwood Strategic'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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Rockwood Strategic Accounts Receivable Chart

Rockwood Strategic Annual Data
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Rockwood Strategic Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Rockwood Strategic Accounts Receivable Calculation

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


Rockwood Strategic 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-2.648*91
=

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

Rockwood Strategic'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)
=(3.879+0.75 * 0+0.5 * 0-0.498
-0-0)/26.8791
=0.13

* 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.


Rockwood Strategic Accounts Receivable Related Terms

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Rockwood Strategic (LSE:GHS) Business Description

Traded in Other Exchanges
N/A
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Rockwood Strategic PLC is an investment company. The principal activity of the Company is to carry on business as an investment trust. It invests in the UK and European smaller public companies, applying private equity style techniques and due diligence alongside a value investment philosophy to construct a focused portfolio which is expected to be comprised of 10 to 15 companies. The company's objective is to maximise shareholder value from all assets, which in recent years has been to realise its portfolio at an advantageous time and return the proceeds to shareholders.

Rockwood Strategic (LSE:GHS) Headlines

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