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SSH Communications Security Oyj (STU:XXH) Accounts Receivable : €4.60 Mil (As of Jun. 2023)


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What is SSH Communications Security Oyj Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SSH Communications Security Oyj's accounts receivables for the quarter that ended in Jun. 2023 was €4.60 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SSH Communications Security Oyj's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 85.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SSH Communications Security Oyj's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-0.53.


SSH Communications Security Oyj Accounts Receivable Historical Data

The historical data trend for SSH Communications Security 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.

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SSH Communications Security Oyj Accounts Receivable Chart

SSH Communications Security Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.19 2.96 4.25 8.10 3.56

SSH Communications Security Oyj Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.25 - 8.10 4.60 3.56

SSH Communications Security Oyj Accounts Receivable Calculation

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


SSH Communications Security 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.

SSH Communications Security Oyj's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.6/4.9*91
=85.66

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

SSH Communications Security Oyj's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(2.6+0.75 * 4.6+0.5 * 0.4-21.3
-0-6.3)/40.488
=-0.53

* 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.


SSH Communications Security Oyj Accounts Receivable Related Terms

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SSH Communications Security Oyj (STU:XXH) Business Description

Traded in Other Exchanges
Address
Karvaamokuja 2B, Helsinki, FIN, 00380
SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company provides software, professional services, and recurring services. Its recurring service generates maximum revenue for the company. The company products consist of the crypto auditor, tectia ssh, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and others. Its EMEA region generates maximum revenue for the company.

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