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1414 Degrees (ASX:14D) Accounts Receivable : A$4.10 Mil (As of Dec. 2024)


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What is 1414 Degrees Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 1414 Degrees's accounts receivables for the quarter that ended in Dec. 2024 was A$4.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 1414 Degrees's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.02.


1414 Degrees Accounts Receivable Historical Data

The historical data trend for 1414 Degrees'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.

1414 Degrees Accounts Receivable Chart

1414 Degrees Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial 0.06 0.54 3.44 0.03 0.17

1414 Degrees Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.53 0.03 3.52 0.17 4.10

1414 Degrees Accounts Receivable Calculation

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


1414 Degrees 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.

1414 Degrees's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.103/0*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 1414 Degrees's accounts receivable are only considered to be worth 75% of book value:

1414 Degrees's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(2.693+0.75 * 4.103+0.5 * 0-1.375
-0-0)/282.501
=0.02

* 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.


1414 Degrees Accounts Receivable Related Terms

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1414 Degrees Business Description

Traded in Other Exchanges
N/A
Address
1 Watts Road, Western Plant, Door 1, Tonsley, Adelaide, SA, AUS, 5042
1414 Degrees Ltd is engaged in developing and commercializing its silicon-based thermal energy storage technology, SiBrick to provide industrial high-temperature heat from low-cost electricity and biogas. Its other products include the SiBox thermal energy storage system which uses SiBrick technology to store renewable electricity as latent heat; and SiPHyR, an integration between a fluid reactor technology and SiBrick to produce hydrogen and solid carbon. The company is also engaged in developing its Aurora Renewable Energy Precinct, a planned renewable energy park to produce, store, and deliver electricity.

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