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Gabriel Holding A/S (CHIX:GABRC) Accounts Receivable : kr149.0 Mil (As of Mar. 2024)


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What is Gabriel Holding A/S Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gabriel Holding A/S's accounts receivables for the quarter that ended in Mar. 2024 was kr149.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gabriel Holding A/S's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 56.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gabriel Holding A/S's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-495.78.


Gabriel Holding A/S Accounts Receivable Historical Data

The historical data trend for Gabriel Holding A/S'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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Gabriel Holding A/S Accounts Receivable Chart

Gabriel Holding A/S Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.14 78.73 104.18 120.02 99.95

Gabriel Holding A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 136.59 125.64 99.95 118.14 149.03

Gabriel Holding A/S Accounts Receivable Calculation

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


Gabriel Holding A/S 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.

Gabriel Holding A/S's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=149.032/241.275*91
=56.36

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

Gabriel Holding A/S's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(31.72+0.75 * 149.032+0.5 * 226.74-491.369
-0-0)/0.473
=-495.78

* 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.


Gabriel Holding A/S Accounts Receivable Related Terms

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Gabriel Holding A/S (CHIX:GABRC) Business Description

Traded in Other Exchanges
Address
Hjulmagervej 55, Aalborg, DNK, 9000
Gabriel Holding A/S is a Denmark-based company that manufactures and sells furniture fabrics of pure wool and microfibers, upholstery fabrics, components, upholstered Surfaces and related products and services. It focuses on business areas that are Fabrics, FurnMaster, SampleMaster and others. Fabrics develop a wide range of furniture products; FurnMaster offers logistics solutions, cutting, sewing and assembly of furniture screens; and SampleMaster designs and produces boxes, hangers, catalogs, colour cards and other kind of promotional presentation materials. It provides a full palette of solutions and services for the international furniture industry, including fabrics, furniture and components, customised sample solutions, acoustic comfort, and knitting and embellishment services.

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