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Taylor Wimpey (Taylor Wimpey) Accounts Receivable : $104 Mil (As of Dec. 2023)


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What is Taylor Wimpey Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Taylor Wimpey's accounts receivables for the quarter that ended in Dec. 2023 was $104 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Taylor Wimpey's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 8.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Taylor Wimpey's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.60.


Taylor Wimpey Accounts Receivable Historical Data

The historical data trend for Taylor Wimpey'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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Taylor Wimpey Accounts Receivable Chart

Taylor Wimpey Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 158.19 171.37 140.56 166.63 104.43

Taylor Wimpey 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 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 140.56 219.46 166.63 207.58 104.43

Taylor Wimpey Accounts Receivable Calculation

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


Taylor Wimpey 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=104.43/2376.456*91
=8.02

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

Taylor Wimpey'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)
=(968.228+0.75 * 104.43+0.5 * 6543.797-2190.127
-0-0)/3533.82
=0.60

* 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.


Taylor Wimpey Accounts Receivable Related Terms

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Taylor Wimpey (Taylor Wimpey) Business Description

Traded in Other Exchanges
Address
Turnpike Road, Gate House, High Wycombe, Buckinghamshire, GBR, HP12 3NR
Taylor Wimpey is the U.K.'s second-largest residential property developer by revenue—or third-largest as judged by dwelling completions—and was established via the merger of George Wimpey and Taylor Woodrow in 2007. Taylor Wimpey is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain, aligning with the typical business model employed by U.K. homebuilders. The company also has a nascent homebuilding operation in Spain.

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