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DP Poland (LSE:DPP) Accounts Receivable : £2.02 Mil (As of Jun. 2023)


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What is DP Poland Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DP Poland's accounts receivables for the quarter that ended in Jun. 2023 was £2.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DP Poland's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 17.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DP Poland's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was £-0.02.


DP Poland Accounts Receivable Historical Data

The historical data trend for DP Poland'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.

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DP Poland Accounts Receivable Chart

DP Poland Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Accounts Receivable
- 0.26 0.36 0.48

DP Poland Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Receivable Get a 7-Day Free Trial 2.00 0.36 1.36 0.48 2.02

DP Poland Accounts Receivable Calculation

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


DP Poland 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.

DP Poland's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.018/20.96*91
=17.57

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

DP Poland's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(2.716+0.75 * 2.018+0.5 * 0.852-21.133
-0-0)/712.482
=-0.02

* 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.


DP Poland Accounts Receivable Related Terms

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DP Poland (LSE:DPP) Business Description

Traded in Other Exchanges
Address
ul. D?browiecka 30, Warsaw, POL, 03-932
DP Poland PLC is engaged in the operation of pizza delivery. Its subsidiary has the master franchise in Poland for Domino's Pizza which is a pizza delivery brand. The company has two operating segments including corporate sales and commissary operations. The corporate store sales segment, which is the key revenue driver, comprises sales to the public. The commissary operations segment comprises sales to sub-franchisees of food, services, fixtures, and equipment, and includes the receipt of royalty income from sub-franchisees.

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