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Webis Holdings (LSE:WEB) Accounts Receivable : £0.99 Mil (As of Nov. 2023)


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What is Webis Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Webis Holdings's accounts receivables for the quarter that ended in Nov. 2023 was £0.99 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Webis Holdings's Days Sales Outstanding for the quarter that ended in Nov. 2023 was 38.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Webis Holdings's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was £-0.00.


Webis Holdings Accounts Receivable Historical Data

The historical data trend for Webis 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.

Webis Holdings Accounts Receivable Chart

Webis Holdings Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.55 0.64 0.32 0.49

Webis Holdings Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 1.06 0.32 0.88 0.49 0.99

Webis Holdings Accounts Receivable Calculation

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


Webis 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.

Webis Holdings's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.992/4.746*91
=38.15

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

Webis Holdings's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(2.172+0.75 * 0.992+0.5 * 0-4.508
-0-0)/407.338
=-0.00

* 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.


Webis Holdings Accounts Receivable Related Terms

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Webis Holdings (LSE:WEB) Business Description

Traded in Other Exchanges
N/A
Address
Nelson Street, Viking House, Douglas, IMN, IM1 2AH
Webis Holdings PLC is a holding company operating in gaming and technology sector. The company with its subsidiaries operates a totalizator wagering hub through its United States supplier, which enables it to conduct its Advanced Deposit Wagering business by passing wagers directly into racetrack betting pools in real time. Its operating segment includes Racetrack and ADW. The company generates maximum revenue from the Racetrack segment. Geographically, it derives a majority of revenue from North America.