GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Peel Hunt Ltd (LSE:PEEL) » Definitions » Accounts Receivable

Peel Hunt (LSE:PEEL) Accounts Receivable : £15.85 Mil (As of Sep. 2023)


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

What is Peel Hunt Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Peel Hunt's accounts receivables for the quarter that ended in Sep. 2023 was £15.85 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Peel Hunt's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 67.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Peel Hunt's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £0.51.


Peel Hunt Accounts Receivable Historical Data

The historical data trend for Peel Hunt'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.

Peel Hunt Accounts Receivable Chart

Peel Hunt Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
3.83 2.65 1.59 3.24 2.52

Peel Hunt Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 8.19 3.24 13.78 2.52 15.85

Peel Hunt Accounts Receivable Calculation

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


Peel Hunt 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15.853/42.677*91
=67.79

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

Peel Hunt'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)
=(461.734+0.75 * 15.853+0.5 * 0-409.686
-0-0)/124.813
=0.51

* 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.


Peel Hunt Accounts Receivable Related Terms

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


Peel Hunt (LSE:PEEL) Business Description

Traded in Other Exchanges
N/A
Address
100 Liverpool Street, London, GBR, EC2M 2AT
Peel Hunt Ltd provides investment banking services to mid and small-cap companies in the UK, with a consistent track record of investment and growth across. The company's operations are supported by differentiated proprietary technology and each of its three divisions, investment banking, research and distribution, and execution and trading. The company earns maximum revenue from Execution Services.

Peel Hunt (LSE:PEEL) Headlines

No Headlines