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EBR Systems (ASX:EBR) Accounts Receivable : A$0.62 Mil (As of Jun. 2024)


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What is EBR Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. EBR Systems's accounts receivables for the quarter that ended in Jun. 2024 was A$0.62 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. EBR Systems's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was A$-0.19.


EBR Systems Accounts Receivable Historical Data

The historical data trend for EBR Systems'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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EBR Systems Accounts Receivable Chart

EBR Systems Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
0.17 0.27 0.14

EBR Systems Quarterly Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial 1.85 0.27 0.29 0.14 0.62

EBR Systems Accounts Receivable Calculation

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


EBR Systems 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.

EBR Systems's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.619/0*91
=

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

EBR Systems's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(12.598+0.75 * 0.619+0.5 * 0-70.68
-0-0)/310.464
=-0.19

* 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.


EBR Systems Accounts Receivable Related Terms

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EBR Systems Business Description

Traded in Other Exchanges
N/A
Address
480 Oakmead Parkway, Sunnyvale, CA, USA, 94085
EBR Systems Inc is engaged in treatment for patients suffering from cardiac rhythm diseases by developing therapies using wireless cardiac stimulation. The company's Wise CRT System uses proprietary wireless technology to deliver pacing stimulation directly inside the left ventricle of the heart.