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Fountaine Pajot (XPAR:ALFPC) Accounts Receivable : €4.3 Mil (As of Aug. 2023)


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What is Fountaine Pajot Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fountaine Pajot's accounts receivables for the quarter that ended in Aug. 2023 was €4.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fountaine Pajot's Days Sales Outstanding for the quarter that ended in Aug. 2023 was 4.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fountaine Pajot's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was €-25.34.


Fountaine Pajot Accounts Receivable Historical Data

The historical data trend for Fountaine Pajot'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.

Fountaine Pajot Accounts Receivable Chart

Fountaine Pajot Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 2.00 0.92 3.36 4.30

Fountaine Pajot Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 0.92 0.70 3.36 2.00 4.30

Fountaine Pajot Accounts Receivable Calculation

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


Fountaine Pajot 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.

Fountaine Pajot's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.3/165.389*91
=4.74

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

Fountaine Pajot's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(144.69+0.75 * 4.3+0.5 * 53.438-212.149
-0-4.725)/1.667
=-25.34

* 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.


Fountaine Pajot Accounts Receivable Related Terms

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Fountaine Pajot (XPAR:ALFPC) Business Description

Traded in Other Exchanges
Address
Zone Industrielle du Fief Girard, Aigrefeuille d'Aunis, FRA, 17290
Fountaine Pajot SA is a France-based company engaged in designing and building boats. The company is into the manufacturing and selling of catamarans and Motor Yachts.

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