GURUFOCUS.COM » STOCK LIST » Technology » Software » Asseco Business Solutions SA (WAR:ABS) » Definitions » Accounts Receivable

Asseco Business Solutions (WAR:ABS) Accounts Receivable : zł51.7 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Asseco Business Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Asseco Business Solutions's accounts receivables for the quarter that ended in Mar. 2024 was zł51.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Asseco Business Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 47.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Asseco Business Solutions's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was zł-0.17.


Asseco Business Solutions Accounts Receivable Historical Data

The historical data trend for Asseco Business Solutions'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.

Asseco Business Solutions Accounts Receivable Chart

Asseco Business Solutions 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 47.17 40.06 44.53 51.50 53.00

Asseco Business Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 48.89 52.04 59.52 53.00 51.68

Asseco Business Solutions Accounts Receivable Calculation

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


Asseco Business Solutions 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.

Asseco Business Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=51.682/99.819*91
=47.25

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

Asseco Business Solutions's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(71.977+0.75 * 51.682+0.5 * 0.448-116.525
-0-0)/33.4182
=-0.17

* 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.


Asseco Business Solutions Accounts Receivable Related Terms

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


Asseco Business Solutions (WAR:ABS) Business Description

Traded in Other Exchanges
Address
ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.

Asseco Business Solutions (WAR:ABS) Headlines

No Headlines