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Proactis (XPAR:PROAC) Accounts Receivable : €1.98 Mil (As of Jan. 2023)


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What is Proactis Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Proactis's accounts receivables for the quarter that ended in Jan. 2023 was €1.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Proactis's Days Sales Outstanding for the quarter that ended in Jan. 2023 was 55.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Proactis's Net-Net Working Capital per share for the quarter that ended in Jan. 2023 was €-0.05.


Proactis Accounts Receivable Historical Data

The historical data trend for Proactis'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.

Proactis Accounts Receivable Chart

Proactis Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Jul18 Jul19 Jul20 Jul21 Jul22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.02 2.88 1.76 1.17

Proactis Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23
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 12.54 1.76 1.79 1.17 1.98

Proactis Accounts Receivable Calculation

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


Proactis 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.

Proactis's Days Sales Outstanding for the quarter that ended in Jan. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.975/6.517*91
=55.31

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

Proactis's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(0.152+0.75 * 1.975+0.5 * 0-8.21
-0-0)/135.442
=-0.05

* 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.


Proactis Accounts Receivable Related Terms

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Proactis (XPAR:PROAC) Business Description

Traded in Other Exchanges
N/A
Address
28 Quai Gallieni, Suresnes, FRA, 92150
Proactis SA is involved in providing business software solutions to various organisations. It offers its solutions to Public Sector, Education, Retail, Financial Services, Not-for-Profit, Housing Authorities and Property and Facilities Management among others.

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