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Kiriacoulis Mediterranean Cruises Shipping (ATH:KYRI) Accounts Receivable : €5.34 Mil (As of Jun. 2024)


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What is Kiriacoulis Mediterranean Cruises Shipping Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kiriacoulis Mediterranean Cruises Shipping's accounts receivables for the quarter that ended in Jun. 2024 was €5.34 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kiriacoulis Mediterranean Cruises Shipping's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 34.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kiriacoulis Mediterranean Cruises Shipping's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-3.24.


Kiriacoulis Mediterranean Cruises Shipping Accounts Receivable Historical Data

The historical data trend for Kiriacoulis Mediterranean Cruises Shipping'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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Kiriacoulis Mediterranean Cruises Shipping Accounts Receivable Chart

Kiriacoulis Mediterranean Cruises Shipping 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 13.09 11.54 12.29 7.73 5.74

Kiriacoulis Mediterranean Cruises Shipping 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 11.15 7.73 5.86 5.74 5.34

Kiriacoulis Mediterranean Cruises Shipping Accounts Receivable Calculation

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


Kiriacoulis Mediterranean Cruises Shipping 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.

Kiriacoulis Mediterranean Cruises Shipping's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.336/27.846*91
=34.97

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

Kiriacoulis Mediterranean Cruises Shipping'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)
=(0.894+0.75 * 5.336+0.5 * 5.346-32.197
-0--0.006)/7.595
=-3.24

* 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.


Kiriacoulis Mediterranean Cruises Shipping Accounts Receivable Related Terms

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Kiriacoulis Mediterranean Cruises Shipping Business Description

Traded in Other Exchanges
N/A
Address
7 Alimou Avenue, Alimos, Athens, GRC, 17455
Kiriacoulis Mediterranean Cruises Shipping SA is company mainly engaged in the provision of yachting services to the professional and tourist sectors. The company is along with its subsidiaries is engaged in providing Professional sea tourism through pleasure boats and yachts, Tourist ports management, and Real estate services. Geographically it operates through the yacht and customer service points, of which seven are located in Greece, six in Italy, seven in Croatia, two in Turkey, two in the Caribbean, one in France and one in Malta.

Kiriacoulis Mediterranean Cruises Shipping Headlines

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