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Vertical Aerospace (STU:M00) Accounts Receivable : €0.00 Mil (As of Dec. 2023)


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What is Vertical Aerospace Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vertical Aerospace's accounts receivables for the quarter that ended in Dec. 2023 was €0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vertical Aerospace's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.45.


Vertical Aerospace Accounts Receivable Historical Data

The historical data trend for Vertical Aerospace'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.

Vertical Aerospace Accounts Receivable Chart

Vertical Aerospace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.05 - - - -

Vertical Aerospace Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.04 - - - -

Vertical Aerospace Accounts Receivable Calculation

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


Vertical Aerospace 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.

Vertical Aerospace's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

Vertical Aerospace'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)
=(56.506+0.75 * 0+0.5 * 0-155.384
-0-0)/221.249
=-0.45

* 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.


Vertical Aerospace Accounts Receivable Related Terms

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Vertical Aerospace (STU:M00) Business Description

Traded in Other Exchanges
Address
Chapel Street, Unit 1 Camwal Court, Bristol, GBR, BS2 0UW
Vertical Aerospace Ltd is engaged in making air travel personal, on-demand, and carbon-free. The VX4, Vertical's flagship aircraft, is a piloted electric vertical take-off and landing (eVTOL) vehicle capable of carrying four passengers.

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