Austriacard Holdings AG (ATH:ACAG) Accounts Receivable : €44.7 Mil (As of Dec. 2023)

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What is Austriacard Holdings AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Austriacard Holdings AG's accounts receivables for the quarter that ended in Dec. 2023 was €44.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Austriacard Holdings AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 44.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Austriacard Holdings AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-3.54.

Austriacard Holdings AG Accounts Receivable Historical Data

The historical data trend for Austriacard Holdings AG'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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Austriacard Holdings AG Accounts Receivable Chart

Austriacard Holdings AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

21.32

19.31

29.27

40.04

44.68

Austriacard Holdings AG Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			29.27	41.46	40.04	42.19	44.68

Austriacard Holdings AG Accounts Receivable Calculation

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

Austriacard Holdings AG 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.

Austriacard Holdings AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	44.677	/	183.397	*	91
=	44.46

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

Austriacard Holdings AG'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)
=	(23.825	+	0.75 * 44.677	+	0.5 * 58.164	-	214.534
-	0	-	0.753)	/	36.3539
=	-3.54

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.

Austriacard Holdings AG Accounts Receivable Related Terms

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Austriacard Holdings AG (ATH:ACAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Austriacard Holdings AG (ATH:ACAG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

ACQ0:Germany ACAG:Austria

Address

Lamezanstrasse 4-8, Vienna, AUT, 1232

Website

https://www.austriacard.com

Austriacard Holdings AG is a B2B (business-to-business) provider of secure data solutions mainly in Europe, with market share in many European countries. It engages in the business areas of Digital Security and Information Management. The Digital Security division provides end-to-end secure data solutions and offers personalization services and products for the sensitive areas of financial institutions, government, the public sector, transportation as well as industry & retail. The information management division provides products and services for secure document and information management, as well as specialized solutions for the digital transformation of businesses and organizations under the brand INFORM.

Executives

Nikolaos Lykos

Chairman of the Management Board

Austriacard Holdings AG (ATH:ACAG) Headlines

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