Mon Courtier Energie Groupe (XPAR:ALMCE) Accounts Receivable : €5.65 Mil (As of Dec. 2023)

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What is Mon Courtier Energie Groupe Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mon Courtier Energie Groupe's accounts receivables for the quarter that ended in Dec. 2023 was €5.65 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mon Courtier Energie Groupe's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 97.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mon Courtier Energie Groupe's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €1.39.

Mon Courtier Energie Groupe Accounts Receivable Historical Data

The historical data trend for Mon Courtier Energie Groupe'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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Mon Courtier Energie Groupe Accounts Receivable Chart

Mon Courtier Energie Groupe Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

1.91

2.80

5.65

Mon Courtier Energie Groupe Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	1.91	-	2.80	6.05	5.65

Mon Courtier Energie Groupe Accounts Receivable Calculation

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

Mon Courtier Energie Groupe 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.

Mon Courtier Energie Groupe's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.653	/	10.599	*	91
=	97.34

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

Mon Courtier Energie Groupe'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)
=	(8.32	+	0.75 * 5.653	+	0.5 * 0	-	7.495
-	0	-	-0.023)	/	3.64928
=	1.39

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.

Mon Courtier Energie Groupe Accounts Receivable Related Terms

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Mon Courtier Energie Groupe (XPAR:ALMCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mon Courtier Energie Groupe SA (XPAR:ALMCE) » Definitions » Accounts Receivable

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Traded in Other Exchanges

O4Z:Germany

Address

22-26 Quai de Bacalan, Bordeaux, FRA, 33000

Website

https://www.moncourtierenergie.com

Mon Courtier Energie Groupe SA provides energy expertise and brokerage services in France with its 23 agencies distributed on the national territory. It supports companies of all sizes in various sectors such as health, real estate, catering, hotels, shops or industry.

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