Phoenix Capital Holding AD (XBUL:PCH) Accounts Receivable : лв0.95 Mil (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Phoenix Capital Holding AD Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Phoenix Capital Holding AD's accounts receivables for the quarter that ended in Dec. 2023 was лв0.95 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Phoenix Capital Holding AD's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 54.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Phoenix Capital Holding AD's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was лв-2,509.02.

Phoenix Capital Holding AD Accounts Receivable Historical Data

The historical data trend for Phoenix Capital Holding AD'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.

Phoenix Capital Holding AD Accounts Receivable Chart

Phoenix Capital Holding AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

0.57

0.16

0.68

0.14

0.95

Phoenix Capital Holding AD Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															0.87	0.14	1.14	-	0.95

Phoenix Capital Holding AD Accounts Receivable Calculation

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

Phoenix Capital Holding AD 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.

Phoenix Capital Holding AD's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.953	/	1.584	*	91
=	54.90

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

Phoenix Capital Holding AD's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(18.68	+	0.75 * 0.953	+	0.5 * 0	-	42
-	0	-	7.503)	/	0.012
=	-2,509.02

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.

Phoenix Capital Holding AD Accounts Receivable Related Terms

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

Phoenix Capital Holding AD (XBUL:PCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Phoenix Capital Holding AD (XBUL:PCH) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

47A Tsarigradsko shose Boulevard, Floor 3, Sofia, BGR, 1124

Website

http://www.phoenixcapital.bg

Phoenix Capital Holding AD is engaged in the acquisition of real estate, its management (including rental and construction works and improvements) and sale of the property. The company focuses on residential properties, office buildings, and holiday properties and hotels.