Teco 2030 ASA (OSL:TECO) Accounts Receivable : kr44.65 Mil (As of Sep. 2023)

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What is Teco 2030 ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Teco 2030 ASA's accounts receivables for the quarter that ended in Sep. 2023 was kr44.65 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Teco 2030 ASA's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 4,944.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Teco 2030 ASA's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was kr-2.39.

Teco 2030 ASA Accounts Receivable Historical Data

The historical data trend for Teco 2030 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.

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Teco 2030 ASA Accounts Receivable Chart

Teco 2030 ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

4.65

4.27

7.54

6.65

Teco 2030 ASA Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Receivable	Get a 7-Day Free Trial									23.66	6.65	99.55	9.40	44.65

Teco 2030 ASA Accounts Receivable Calculation

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

Teco 2030 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.

Teco 2030 ASA's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	44.647	/	0.824	*	91
=	4,944.22

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Teco 2030 ASA's accounts receivable are only considered to be worth 75% of book value:

Teco 2030 ASA's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(0.389	+	0.75 * 44.647	+	0.5 * 35.988	-	435.607
-	0	-	0)	/	160.392
=	-2.39

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.

Teco 2030 ASA Accounts Receivable Related Terms

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Teco 2030 ASA (OSL:TECO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Teco 2030 ASA (OSL:TECO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

TECFF:USA TE9:Germany

Address

Lysaker Torg 12, Lysaker, NOR, 1366

Website

https://www.teco2030.no

Teco 2030 ASA is an engineering and equipment development company in the renewable energy sector. The company is developing technologies for marine emission reduction like Proton-exchange membrane fuel cells system integration and particulate and black carbon capture for exhaust gas cleaning. Its solutions include TECO PEM Fuel cells, TECO Future Funnel, TECO Future Funnel, and TECO Fuel Cell Factory. Its geographical segments are the United States and Malaysia, of which the USA accounts for the majority of the revenue.

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