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Schlatter Industries AG (XSWX:STRN) Accounts Receivable : CHF6.4 Mil (As of Dec. 2023)


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What is Schlatter Industries AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Schlatter Industries AG's accounts receivables for the quarter that ended in Dec. 2023 was CHF6.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Schlatter Industries AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 19.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Schlatter Industries AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was CHF-16.87.


Schlatter Industries AG Accounts Receivable Historical Data

The historical data trend for Schlatter Industries 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.

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Schlatter Industries AG Accounts Receivable Chart

Schlatter Industries AG 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 5.42 4.22 5.93 6.47 6.38

Schlatter Industries AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.93 4.96 6.47 7.12 6.38

Schlatter Industries AG Accounts Receivable Calculation

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


Schlatter Industries 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.

Schlatter Industries AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.379/61.191*91
=19.03

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

Schlatter Industries AG'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)
=(13.461+0.75 * 6.379+0.5 * 22.491-48.68
-0--0.55)/1.1047
=-16.87

* 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.


Schlatter Industries AG Accounts Receivable Related Terms

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Schlatter Industries AG (XSWX:STRN) Business Description

Traded in Other Exchanges
Address
Brandstrasse 24, Schlieren, CHE, 8952
Schlatter Industries AG with its subsidiaries is engaged in plant manufacturing for resistance welding machines and weaving machines for special applications. The firm specializes in plant engineering for resistance welding systems for reinforcement mesh, industrial mesh, and butt welding systems for rails as well as weaving and finishing equipment to produce paper machine clothing, wire fabrics, and wire mesh. In the welding segment, the company develops and builds resistance welding systems for the production of industrial and reinforcing mesh as well as rail welding. The firm offers warping, weaving, heat-setting and finishing machines for the paper machine under the brand name Jager. The group is based in Switzerland.

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