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GWB Immobilien AG (STU:G7B) Accounts Receivable : €0.55 Mil (As of Sep. 2011)


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What is GWB Immobilien AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GWB Immobilien AG's accounts receivables for the quarter that ended in Sep. 2011 was €0.55 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GWB Immobilien AG's Days Sales Outstanding for the quarter that ended in Sep. 2011 was 30.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GWB Immobilien AG's Net-Net Working Capital per share for the quarter that ended in Sep. 2011 was €-8.93.


GWB Immobilien AG Accounts Receivable Historical Data

The historical data trend for GWB Immobilien AG'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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GWB Immobilien AG Accounts Receivable Chart

GWB Immobilien AG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10
Accounts Receivable
- 1.02 0.39 0.24 0.55

GWB Immobilien AG Quarterly Data
Dec07 Jun08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.23 0.55 0.41 0.48 0.55

GWB Immobilien AG Accounts Receivable Calculation

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


GWB Immobilien AG 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.

GWB Immobilien AG's Days Sales Outstanding for the quarter that ended in Sep. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.549/1.631*91
=30.72

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

GWB Immobilien AG's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2011 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)
=(0.201+0.75 * 0.549+0.5 * 39.794-111.444
-0-0.254)/10.207
=-8.93

* 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.


GWB Immobilien AG Accounts Receivable Related Terms

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GWB Immobilien AG (STU:G7B) Business Description

Traded in Other Exchanges
N/A
Address
Hauptstrasse 1 A, Siek bei Hamburg, DEU, 22962
The company focuses on the implementation of large retail properties as well as on the revitalization of existing shopping centers. The company offers an integrated solution, ranging from project development and construction to marketing and management.

GWB Immobilien AG (STU:G7B) Headlines

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