Groupe Okwind (XPAR:ALOKW) Accounts Receivable : €16.61 Mil (As of Jun. 2023)

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What is Groupe Okwind Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Groupe Okwind's accounts receivables for the quarter that ended in Jun. 2023 was €16.61 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Groupe Okwind's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 80.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Groupe Okwind's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-0.95.

Groupe Okwind Accounts Receivable Historical Data

The historical data trend for Groupe Okwind'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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Groupe Okwind Accounts Receivable Chart

Groupe Okwind Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

4.99

7.74

12.17

11.34

Groupe Okwind Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Accounts Receivable	7.74	12.17	-	11.34	16.61

Groupe Okwind Accounts Receivable Calculation

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

Groupe Okwind 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.

Groupe Okwind's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16.614	/	37.536	*	91
=	80.78

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

Groupe Okwind's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(18.643	+	0.75 * 16.614	+	0.5 * 7.84	-	42.815
-	0	-	0)	/	8.2403
=	-0.95

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.

Groupe Okwind Accounts Receivable Related Terms

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Groupe Okwind (XPAR:ALOKW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Groupe Okwind SA (XPAR:ALOKW) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

Parc d’activités Torcé Ouest ZA du Haut Montigné, Torce, FRA

Website

https://www.okwind.fr

Groupe Okwind SA is specialized in developing solutions for short-circuit green energy production and use. The company offers smart, AI-based energy production management by bringing individuals, farms, industrial sites and local governments self-supply solutions that enable them to generate and use their own energy using smart, high-performance photovoltaic trackers. France account for all net sales.

Groupe Okwind (XPAR:ALOKW) Headlines

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