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Atlanticpphire ASA (OSL:ASA) Accounts Receivable : kr12.1 Mil (As of Dec. 2023)


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What is Atlanticpphire ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Atlanticpphire ASA's accounts receivables for the quarter that ended in Dec. 2023 was kr12.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Atlanticpphire ASA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 35.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Atlanticpphire ASA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was kr-3.31.


Atlanticpphire ASA Accounts Receivable Historical Data

The historical data trend for Atlanticpphire ASA'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.

Atlanticpphire ASA Accounts Receivable Chart

Atlanticpphire ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 9.30 15.46 12.60 18.25 12.09

Atlanticpphire ASA Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 12.60 14.18 18.25 17.46 12.09

Atlanticpphire ASA Accounts Receivable Calculation

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


Atlanticpphire ASA 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.

Atlanticpphire ASA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.09/62.632*91
=35.23

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

Atlanticpphire ASA'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)
=(237.741+0.75 * 12.09+0.5 * 225.304-623.659
-0-0)/79.8603
=-3.31

* 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.


Atlanticpphire ASA Accounts Receivable Related Terms

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Atlanticpphire ASA (OSL:ASA) Business Description

Traded in Other Exchanges
Address
22275 SW 272nd Street, Homestead, FL, USA, 33031
Atlantic Sapphire ASA is engaged in fish farming activities locally to transform protein production globally. The group owns and operates land-based Atlantic salmon farms in Denmark and Homestead in the United States. Its brand portfolio includes Bluehouse Salmon and Sapphire salmon. Its geographical segments are the United States, Denmark, the Netherlands, and Other countries.

Atlanticpphire ASA (OSL:ASA) Headlines

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