GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fingerprint Cards AB (OTCPK:FGRRF) » Definitions » Accounts Receivable

Fingerprint Cards AB (Fingerprint Cards AB) Accounts Receivable : $10.62 Mil (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Fingerprint Cards AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fingerprint Cards AB's accounts receivables for the quarter that ended in Mar. 2024 was $10.62 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fingerprint Cards AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 68.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fingerprint Cards AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.01.


Fingerprint Cards AB Accounts Receivable Historical Data

The historical data trend for Fingerprint Cards AB'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.

* Premium members only.

Fingerprint Cards AB Accounts Receivable Chart

Fingerprint Cards AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.92 23.46 30.80 12.36 11.76

Fingerprint Cards AB 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 9.27 9.34 7.23 11.76 10.62

Fingerprint Cards AB Accounts Receivable Calculation

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


Fingerprint Cards AB 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.

Fingerprint Cards AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.623/14.062*91
=68.93

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

Fingerprint Cards AB'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)
=(4.38+0.75 * 10.623+0.5 * 13.572-34.415
-0-0)/1503.29
=-0.01

* 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.


Fingerprint Cards AB Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Fingerprint Cards AB's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Fingerprint Cards AB (Fingerprint Cards AB) Business Description

Traded in Other Exchanges
Address
P.O. Box 2412, Gothenburg, SWE, SE-403 16
Fingerprint Cards AB is a Sweden-based company that is principally engaged in offering a broad range of biometric solutions. The company's products include fingerprint touch sensors, fingerprint swipe sensors, fingerprint area sensors, biometric modules, development kits, solutions, and others. The company targets the smartphone/tablet market and vertical markets where it can integrate its products; smartcards, the automotive industry, and the Internet of Things are prioritized markets. The company has a patent portfolio with global protection. The company markets and sells its products worldwide.

Fingerprint Cards AB (Fingerprint Cards AB) Headlines

From GuruFocus

Q4 2023 Fingerprint Cards AB Earnings Call Transcript

By GuruFocus Research 02-10-2024