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Intuitive Investments Group (LSE:IIG) Accounts Receivable : £0.00 Mil (As of Sep. 2023)


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What is Intuitive Investments Group Accounts Receivable?

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

Accounts receivable can be measured by Days Sales Outstanding. Intuitive Investments Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Intuitive Investments Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £0.19.


Intuitive Investments Group Accounts Receivable Historical Data

The historical data trend for Intuitive Investments 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.

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Intuitive Investments Group Accounts Receivable Chart

Intuitive Investments Group Annual Data
Trend Sep21 Sep22 Sep23
Accounts Receivable
0.01 - -

Intuitive Investments Group Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable 0.09 0.04 - 0.02 -

Intuitive Investments Group Accounts Receivable Calculation

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


Intuitive Investments 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.

Intuitive Investments 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
=0/0.914*91
=0.00

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

Intuitive Investments 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)
=(1.737+0.75 * 0+0.5 * 0-0.1
-0-0)/8.68596
=0.19

* 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.


Intuitive Investments Group Accounts Receivable Related Terms

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Intuitive Investments Group (LSE:IIG) Business Description

Traded in Other Exchanges
N/A
Address
One St. Peters Square, Manchester, GBR, M2 3DE
Intuitive Investments Group PLC operates as a closed-end investment firm. It focuses on the early and later-stage Life Sciences businesses. It seeks to provide investors in the company with exposure to a portfolio of investments concentrating on fast-growing and/or high-potential life Sciences businesses operating predominantly in the UK, continental Europe and the US.

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