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L agence Automobiliere (XPAR:MLAA) Accounts Receivable : €0.23 Mil (As of Dec. 2020)


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What is L agence Automobiliere Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. L agence Automobiliere's accounts receivables for the quarter that ended in Dec. 2020 was €0.23 Mil.

Accounts receivable can be measured by Days Sales Outstanding. L agence Automobiliere's Days Sales Outstanding for the quarter that ended in Dec. 2020 was 43.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. L agence Automobiliere's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was €-0.08.


L agence Automobiliere Accounts Receivable Historical Data

The historical data trend for L agence Automobiliere'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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L agence Automobiliere Accounts Receivable Chart

L agence Automobiliere Annual Data
Trend Dec19 Dec20
Accounts Receivable
0.18 0.23

L agence Automobiliere Semi-Annual Data
Dec19 Dec20
Accounts Receivable 0.18 0.23

L agence Automobiliere Accounts Receivable Calculation

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


L agence Automobiliere 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.

L agence Automobiliere's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.232/0.976*91
=43.38

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

L agence Automobiliere's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 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)
=(0.337+0.75 * 0.232+0.5 * 0-0.588
-0-0)/1.000
=-0.08

* 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.


L agence Automobiliere Accounts Receivable Related Terms

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L agence Automobiliere (XPAR:MLAA) Business Description

Traded in Other Exchanges
N/A
Address
Zone Actipolis 1 24A Route Départementale 201, Sausheim, FRA, FR-68390
L agence Automobiliere SA is specialized in the purchase and sale of used vehicles. The company also offers services in financing, insurance, assistance and other. It has over 90 branches located in Europe.

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