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Exasol AG (HAM:EXL) Accounts Receivable : €1.62 Mil (As of Jun. 2023)


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What is Exasol AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Exasol AG's accounts receivables for the quarter that ended in Jun. 2023 was €1.62 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Exasol AG's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 16.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Exasol AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-0.33.


Exasol AG Accounts Receivable Historical Data

The historical data trend for Exasol 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.

* Premium members only.

Exasol AG Accounts Receivable Chart

Exasol AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 4.94 1.85 3.27 2.87 1.89

Exasol AG Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.74 2.87 1.02 1.89 1.62

Exasol AG Accounts Receivable Calculation

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


Exasol 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.

Exasol AG's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.615/17.779*91
=16.58

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

Exasol AG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(11.718+0.75 * 1.615+0.5 * 0-20.874
-0-0)/24.1405
=-0.33

* 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.


Exasol AG Accounts Receivable Related Terms

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Exasol AG (HAM:EXL) Business Description

Industry
Traded in Other Exchanges
Address
Neumeyerstr. 22 - 26, Nuremberg, BY, DEU, 90411
Exasol AG is a global technology company providing a next-generation in-memory analytical database that enables customers to access and analyse data at high speed and scale. The company's technology is used in a wide range of analytical use cases for financial reporting, data visualisation and predictive analytics.

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