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FrigoglassIC (ATH:FRIGO) Accounts Receivable : €0.00 Mil (As of Jun. 2024)


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What is FrigoglassIC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FrigoglassIC's accounts receivables for the quarter that ended in Jun. 2024 was €0.00 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. FrigoglassIC's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €0.00.


FrigoglassIC Accounts Receivable Historical Data

The historical data trend for FrigoglassIC'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.

FrigoglassIC Accounts Receivable Chart

FrigoglassIC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.52 55.12 66.08 - -

FrigoglassIC Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.71 - - - -

FrigoglassIC Accounts Receivable Calculation

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


FrigoglassIC 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.

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

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

FrigoglassIC'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)
=(0.552+0.75 * 0+0.5 * 0-0.255
-0-0)/89.079
=0.00

* 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.


FrigoglassIC Accounts Receivable Related Terms

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FrigoglassIC Business Description

Traded in Other Exchanges
N/A
Address
15, A. Metaxa Street, Kifissia, Athens, GRC, 145 64
Frigoglass SAIC is a producer of Ice-Cold Merchandisers (ICMs). In addition, it is also engaged in the business activity of production of the glass containers. The group operates in the business segments of ICM operations and Glass operations. It derives maximum revenue from the ICM operations. In the ICM operations, the company manufactures and sells Ice-Cold Merchandise (ICMs) and provides integrated after-sales customer service for its products and a range of cold-drink equipment through Frigoserves. The organization has business operations in East Europe, West Europe, Africa/Middle East, and Asia.

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