GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cybits Holding AG (STU:SCO) » Definitions » Accounts Receivable

Cybits Holding AG (STU:SCO) Accounts Receivable : €0.07 Mil (As of Jun. 2014)


View and export this data going back to . Start your Free Trial

What is Cybits Holding AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cybits Holding AG's accounts receivables for the quarter that ended in Jun. 2014 was €0.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cybits Holding AG's Days Sales Outstanding for the quarter that ended in Jun. 2014 was 47.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cybits Holding AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2014 was €-0.30.


Cybits Holding AG Accounts Receivable Historical Data

The historical data trend for Cybits Holding 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.

Cybits Holding AG Accounts Receivable Chart

Cybits Holding AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Receivable
Get a 7-Day Free Trial 0.14 0.09 0.08 0.22 0.12

Cybits Holding AG Semi-Annual Data
Dec07 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.22 0.18 0.12 0.07

Cybits Holding AG Accounts Receivable Calculation

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


Cybits Holding 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.

Cybits Holding AG's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.067/0.258*91
=47.39

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

Cybits Holding AG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2014 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)
=(0.187+0.75 * 0.067+0.5 * 0.006-4.312
-0-0.701)/15.74
=-0.30

* 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.


Cybits Holding AG Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Cybits Holding AG's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Cybits Holding AG (STU:SCO) Business Description

Traded in Other Exchanges
N/A
Address
Cybits Holdings AG is an independent, publicly traded investment company that invests and mentors primarily with young, innovative companies operating in niche markets, holding great potential for growth.

Cybits Holding AG (STU:SCO) Headlines