New Work SE (FRA:NWO) Accounts Receivable

: €20.5 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. New Work SE's accounts receivables for the quarter that ended in Dec. 2023 was €20.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. New Work SE's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 23.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. New Work SE's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-16.89.

New Work SE Accounts Receivable Historical Data

The historical data trend for New Work SE'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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New Work SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

25.71

18.03

20.64

19.88

20.48

New Work SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																19.88	22.28	19.84	19.08	20.48

New Work SE Accounts Receivable Calculation

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

New Work SE 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.

New Work SE's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.477	/	78.229	*	91
=	23.89

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

New Work SE'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)
=	(93.077	+	0.75 * 20.477	+	0.5 * 0	-	203.371
-	0	-	0)	/	5.62044
=	-16.89

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.

New Work SE Accounts Receivable Related Terms

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New Work SE (FRA:NWO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » New Work SE (FRA:NWO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

0OR4:UK NWO:Germany

Address

Am Strandkai 1, Hamburg, DEU, 20457

Website

https://www.new-work.se

New Work SE is a German technology company offering online business platforms for professionals to network and share ideas, and jobs opportunities, among others. The company organizes itself into three business segments: B2C, B2B e-recruiting and B2B marketing solutions. The B2C segment serves the members of social networking websites such as kunnu.com or xing.com to network with professionals and find suitable jobs, the B2B e-recruiting segment serves customers who want to access the talent pool, B2B marketing solutions & events cater to advertising and events clients, and the kunnu International segment includes business activities outside Germany, Austria and Switzerland. The B2B e-recruiting segments generate the majority of the company's revenue.

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