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Bursa De Valori Bucuresti (BSE:BVB) Accounts Receivable : lei8.49 Mil (As of Mar. 2024)


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What is Bursa De Valori Bucuresti Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bursa De Valori Bucuresti's accounts receivables for the quarter that ended in Mar. 2024 was lei8.49 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bursa De Valori Bucuresti's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 44.92.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bursa De Valori Bucuresti's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was lei0.09.


Bursa De Valori Bucuresti Accounts Receivable Historical Data

The historical data trend for Bursa De Valori Bucuresti'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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Bursa De Valori Bucuresti Accounts Receivable Chart

Bursa De Valori Bucuresti 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 2.62 5.86 6.52 8.87 11.00

Bursa De Valori Bucuresti Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.54 6.68 7.99 11.00 8.49

Bursa De Valori Bucuresti Accounts Receivable Calculation

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


Bursa De Valori Bucuresti 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.

Bursa De Valori Bucuresti's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.494/17.253*91
=44.92

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

Bursa De Valori Bucuresti's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(107.982+0.75 * 8.494+0.5 * 0-64.457
-0-49.139)/8.00883
=0.09

* 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.


Bursa De Valori Bucuresti Accounts Receivable Related Terms

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Bursa De Valori Bucuresti (BSE:BVB) Business Description

Traded in Other Exchanges
N/A
Address
34-36 Carol I Boulevard, 13th-14th Floor, District 2, Bucharest, ROU, 020922
Bursa De Valori Bucuresti SA is engaged in the management of the financial markets. The company's segment includes Capital markets, Post-trading services, Registry services, FCI services and Other services. Capital markets segment includes trading of securities and financial instruments transactions on regulated markets. Post-trading services include services provided after a transaction is completed and the bank account is debited, and the securities are transferred to the portfolio. Registry services include storage and updating of the registry of stakeholders for the listed companies. FCI services and other services are related to the investor's compensation scheme. Majority of revenue is generated from Trading services.

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