PPHE Hotel Group (LSE:PPH) Accounts Receivable : £17.9 Mil (As of Dec. 2023)

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What is PPHE Hotel Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PPHE Hotel Group's accounts receivables for the quarter that ended in Dec. 2023 was £17.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PPHE Hotel Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 13.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PPHE Hotel Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £-34.08.

PPHE Hotel Group Accounts Receivable Historical Data

The historical data trend for PPHE Hotel Group'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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PPHE Hotel Group Accounts Receivable Chart

PPHE Hotel Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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12.76

3.47

6.81

18.53

17.88

PPHE Hotel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															6.81	22.62	18.53	23.30	17.88

PPHE Hotel Group Accounts Receivable Calculation

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

PPHE Hotel Group 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.

PPHE Hotel Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	17.88	/	234.627	*	91
=	13.91

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

PPHE Hotel Group'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)
=	(150.416	+	0.75 * 17.88	+	0.5 * 3.288	-	1392.592
-	0	-	216.592)	/	42.3633
=	-34.08

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.

PPHE Hotel Group Accounts Receivable Related Terms

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PPHE Hotel Group (LSE:PPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » PPHE Hotel Group Ltd (LSE:PPH) » Definitions » Accounts Receivable

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PPHl:UK 32P:Germany

Address

Radarweg 60, Motion Building, 9th Floor, Amsterdam, NH, NLD, 1043 NT

Website

http://www.pphe.com

PPHE Hotel Group Ltd engages in providing hospitality services. The company owns, manages and franchises hotels and resort properties in the United Kingdom, the Netherlands, Croatia, Germany, and Hungary. These properties are operated under the brands, Park Plaza Hotels & Resorts and art'otel in the form of hotels, restaurants, bars and spas and Holmes Hotel London. The group's activities are divided into two segments Owned Hotel Operations segment and the Management Activities segment. PPHE generates most of its revenues across the United Kingdom through hotel operations, management fees derived from hotels managed by the group, and marketing fees.