Carbon Revolution (ASX:CBR) Accounts Receivable : A$5.38 Mil (As of Jun. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Carbon Revolution Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Carbon Revolution's accounts receivables for the quarter that ended in Jun. 2023 was A$5.38 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Carbon Revolution's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 48.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Carbon Revolution's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was A$-0.51.

Carbon Revolution Accounts Receivable Historical Data

The historical data trend for Carbon Revolution'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.

Carbon Revolution Accounts Receivable Chart

Carbon Revolution Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

9.00

6.74

11.46

19.06

5.38

Carbon Revolution Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Receivable	Get a 7-Day Free Trial			11.46	12.59	19.06	5.67	5.38

Carbon Revolution Accounts Receivable Calculation

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

Carbon Revolution 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.383	/	20.251	*	91
=	48.51

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

Carbon Revolution'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)
=	(19.582	+	0.75 * 5.383	+	0.5 * 22.173	-	142.606
-	0	-	0)	/	212.152
=	-0.51

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.

Carbon Revolution Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Carbon Revolution's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Carbon Revolution (ASX:CBR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Carbon Revolution Ltd (ASX:CBR) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Pigdons Road, Geelong Technology Precinct, Building NR, Waurn Ponds, Geelong, VIC, AUS, 3216

Website

https://www.carbonrev.com

Carbon Revolution Ltd is a company engaged in the manufacture and sale of carbon fibre wheels and research and development projects related to carbon fibre wheel technology. Geographically, the group has a business presence in Australia and other international countries, of which key revenue is derived from the international countries. It offers products to the global automotive industry.

Carbon Revolution (ASX:CBR) Headlines

No Headlines