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Merus Power Oyj (OHEL:MERUS) Accounts Receivable : €3.10 Mil (As of Dec. 2023)


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What is Merus Power Oyj Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Merus Power Oyj's accounts receivables for the quarter that ended in Dec. 2023 was €3.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Merus Power Oyj's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 36.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Merus Power Oyj's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.16.


Merus Power Oyj Accounts Receivable Historical Data

The historical data trend for Merus Power Oyj'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.

Merus Power Oyj Accounts Receivable Chart

Merus Power Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 0.98 0.83 1.53 4.49 3.10

Merus Power Oyj Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.08 4.49 4.78 3.10

Merus Power Oyj Accounts Receivable Calculation

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


Merus Power Oyj 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.

Merus Power Oyj's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.097/15.472*91
=36.53

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

Merus Power Oyj'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)
=(2.615+0.75 * 3.097+0.5 * 5.809-9.096
-0-0)/7.64497
=-0.16

* 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.


Merus Power Oyj Accounts Receivable Related Terms

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Merus Power Oyj (OHEL:MERUS) Business Description

Traded in Other Exchanges
Address
Pirkkalaistie 1, Nokia, FIN, 37100
Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic innovative electricity storage, power quality solutions and services. The company's business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise.

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