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Netex Knowledge Factory (XMAD:NTX) Accounts Receivable : €6.10 Mil (As of Sep. 2023)


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What is Netex Knowledge Factory Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Netex Knowledge Factory's accounts receivables for the quarter that ended in Sep. 2023 was €6.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Netex Knowledge Factory's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 92.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Netex Knowledge Factory's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-2.90.


Netex Knowledge Factory Accounts Receivable Historical Data

The historical data trend for Netex Knowledge Factory'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.

Netex Knowledge Factory Accounts Receivable Chart

Netex Knowledge Factory Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Sep20 Sep21 Sep22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 3.23 2.53 1.74 4.65 6.12

Netex Knowledge Factory Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 4.65 6.85 6.12 5.16 6.10

Netex Knowledge Factory Accounts Receivable Calculation

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


Netex Knowledge Factory 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.

Netex Knowledge Factory's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.097/12.004*91
=92.69

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

Netex Knowledge Factory's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.979+0.75 * 6.097+0.5 * 0.792-31.27
-0-0)/8.71891
=-2.90

* 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.


Netex Knowledge Factory Accounts Receivable Related Terms

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Netex Knowledge Factory (XMAD:NTX) Business Description

Traded in Other Exchanges
N/A
Address
Calle Ícaro , No.44, Oleiros, A Coruña, ESP, 15172
Netex Knowledge Factory SA develops applications and service-based-solutions to deliver digital learning in companies and academic institutions. The company's portfolio includes learningCloud, a personalized learning environment that facilitates video, gamification, online/offline mobile learning, micro learning, social learning, interoperability, and real-time conferencing features for the modern workforce in corporations; and smartED, a solution for publishing houses and universities.

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