Dividend Sweden AB (NGM:DIV B) Accounts Receivable : kr5.00 Mil (As of Dec. 2023)

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What is Dividend Sweden AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dividend Sweden AB's accounts receivables for the quarter that ended in Dec. 2023 was kr5.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dividend Sweden AB's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was kr0.72.

Dividend Sweden AB Accounts Receivable Historical Data

The historical data trend for Dividend Sweden 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.

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Dividend Sweden AB Accounts Receivable Chart

Dividend Sweden AB Annual Data

Trend

Accounts Receivable

Dividend Sweden AB Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			-	2.30	7.10	71.00	5.00

Dividend Sweden AB Accounts Receivable Calculation

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

Dividend Sweden 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.

Dividend Sweden AB's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5	/	-1.3	*	91
=

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

Dividend Sweden AB'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)
=	(58	+	0.75 * 5	+	0.5 * 0	-	7.6
-	0	-	0)	/	75.2424
=	0.72

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.

Dividend Sweden AB Accounts Receivable Related Terms

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Dividend Sweden AB (NGM:DIV B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend Sweden AB (NGM:DIV B) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsgatan 29, Stockholm, SWE, 111 56

Website

https://www.dividendsweden.se

Dividend Sweden AB offers financial advisory services. It invests in other smaller, listed companies and assists with services related to financing solutions, in order to thereby create both short-term and long-term high and stable returns for its shareholders via dividends.

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