GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Filinvest Development Corp (PHS:FDC) » Definitions » Accounts Receivable

Filinvest Development (PHS:FDC) Accounts Receivable : ₱298,512 Mil (As of Mar. 2024)


View and export this data going back to 1982. Start your Free Trial

What is Filinvest Development Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Filinvest Development's accounts receivables for the quarter that ended in Mar. 2024 was ₱298,512 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Filinvest Development's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 1,133.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Filinvest Development's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₱-32.14.


Filinvest Development Accounts Receivable Historical Data

The historical data trend for Filinvest Development'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.

Filinvest Development Accounts Receivable Chart

Filinvest Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 260,213.24 237,456.53 203.30 4,148.75 5,376.03

Filinvest Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 252,198.71 267,242.88 4,918.34 5,376.03 298,511.54

Filinvest Development Accounts Receivable Calculation

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


Filinvest Development 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.

Filinvest Development's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=298511.541/24037.761*91
=1,133.18

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

Filinvest Development's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(70733.752+0.75 * 298511.541+0.5 * 77698.727-573711.402
-0-37690.641)/8648.46
=-32.14

* 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.


Filinvest Development Accounts Receivable Related Terms

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


Filinvest Development (PHS:FDC) Business Description

Traded in Other Exchanges
N/A
Address
5th Avenue corner 23rd Street, 6th Floor, The Beaufort, Bonifacio Global City, Metro Manila, Taguig City, PHL, 1634
Filinvest Development Corp is a Philippines-based company which focuses on diverse business such as real estate development and leasing, hospitality operations, banking and financial services, power and utility operations, sugar cane farming, milling and sugar trading. Majority of its revenue generating operating segments are Real estate and hospitality which is involved in acquisition of land, planning and development of large-scale fully integrated residential and commercial communities; development and sale of residential and commercial lots; Sugar Operations which involves purchase of raw sugar, refined sugar and molasses from Davao Sugar Central Company, Inc. and Cotabato Sugar Central Company, Inc., subsidiaries of PSHC, and sale to third parties.