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IBU-tec advanced materials AG (XTER:IBU) Accounts Receivable : €8.09 Mil (As of Dec. 2022)


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What is IBU-tec advanced materials AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. IBU-tec advanced materials AG's accounts receivables for the quarter that ended in Dec. 2022 was €8.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. IBU-tec advanced materials AG's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 60.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. IBU-tec advanced materials AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €0.56.


IBU-tec advanced materials AG Accounts Receivable Historical Data

The historical data trend for IBU-tec advanced materials 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.

IBU-tec advanced materials AG Accounts Receivable Chart

IBU-tec advanced materials AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 5.28 5.02 6.98 8.09 7.96

IBU-tec advanced materials AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 7.73 6.98 8.23 8.09 7.96

IBU-tec advanced materials AG Accounts Receivable Calculation

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


IBU-tec advanced materials 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.

IBU-tec advanced materials AG's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.093/24.393*91
=60.55

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

IBU-tec advanced materials AG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(3.127+0.75 * 8.093+0.5 * 20.847-16.97
-0-0)/4.75
=0.56

* 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.


IBU-tec advanced materials AG Accounts Receivable Related Terms

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IBU-tec advanced materials AG (XTER:IBU) Business Description

Traded in Other Exchanges
Address
Hainweg 9-11, Weimar, TH, DEU, 99425
IBU-tec advanced materials AG is a provider of custom development and production services by means of thermal process technology in the field of the inorganic chemical industry. The company offers services such as Material development and analytics, Process trials and scale-up, Tolling services, Process, and plant optimization, among others.
Executives
Ulrich Weitz Board of Directors

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