Societe Fonciere Lyonnaise (XPAR:FLY) Accounts Receivable : €33.4 Mil (As of Dec. 2023)

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What is Societe Fonciere Lyonnaise Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Societe Fonciere Lyonnaise's accounts receivables for the quarter that ended in Dec. 2023 was €33.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Societe Fonciere Lyonnaise's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 49.47.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Societe Fonciere Lyonnaise's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-87.84.

Societe Fonciere Lyonnaise Accounts Receivable Historical Data

The historical data trend for Societe Fonciere Lyonnaise'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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Societe Fonciere Lyonnaise Accounts Receivable Chart

Societe Fonciere Lyonnaise Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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67.95

69.59

22.38

20.55

33.36

Societe Fonciere Lyonnaise 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															22.38	22.46	20.55	27.66	33.36

Societe Fonciere Lyonnaise Accounts Receivable Calculation

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

Societe Fonciere Lyonnaise 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.

Societe Fonciere Lyonnaise's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	33.36	/	123.069	*	91
=	49.47

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

Societe Fonciere Lyonnaise'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)
=	(97.388	+	0.75 * 33.36	+	0.5 * 0	-	2947.381
-	0	-	941.976)	/	42.8832
=	-87.84

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.

Societe Fonciere Lyonnaise Accounts Receivable Related Terms

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Societe Fonciere Lyonnaise (XPAR:FLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Societe Fonciere Lyonnaise SA (XPAR:FLY) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

42, rue Washington, Paris, FRA, 75008

Website

https://www.fonciere-lyonnaise.com

Societe Fonciere Lyonnaise SA, or SFL, is a French real estate company primarily involved in the acquisition, development, renovation, and leasing of large office buildings in the major business districts of central and western Paris. The company's real estate portfolio is mostly composed of modern office buildings. Retail properties also make up a sizable amount of SFL's holdings. The vast majority of the company's assets are located in Paris' central business district. SFL derives nearly all of its income in the form of rental revenue from leasing its properties to companies. Its largest tenants include law firms, consultancies, fashion houses, media companies, and financial services groups.