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Warehouses Estates Belgium (XBRU:WEB) Accounts Receivable : €1.08 Mil (As of Dec. 2023)


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What is Warehouses Estates Belgium Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Warehouses Estates Belgium's accounts receivables for the quarter that ended in Dec. 2023 was €1.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Warehouses Estates Belgium's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 15.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Warehouses Estates Belgium's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-48.58.


Warehouses Estates Belgium Accounts Receivable Historical Data

The historical data trend for Warehouses Estates Belgium'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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Warehouses Estates Belgium Accounts Receivable Chart

Warehouses Estates Belgium Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 4.56 1.21 0.92 1.08

Warehouses Estates Belgium Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 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 1.21 2.63 0.92 2.51 1.08

Warehouses Estates Belgium Accounts Receivable Calculation

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


Warehouses Estates Belgium 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.

Warehouses Estates Belgium's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.076/12.317*91
=15.94

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

Warehouses Estates Belgium'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)
=(0.321+0.75 * 1.076+0.5 * 0-154.937
-0-0)/3.16634
=-48.58

* 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.


Warehouses Estates Belgium Accounts Receivable Related Terms

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Warehouses Estates Belgium (XBRU:WEB) Business Description

Traded in Other Exchanges
Address
29 Avenue Jean Mermoz, Gosselies, BEL, 6041
Warehouses Estates Belgium SA Formerly Warehouses Estates Belgium SCA is a real estate investment trust. It operates in commercial, semi-industrial and industrial tenancy. It also rents out industrial properties, shopping centers, retail warehouses, offices, and residential properties.