Transport Trade Services (BSE:TTS) Accounts Receivable : lei38.1 Mil (As of Sep. 2024)

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What is Transport Trade Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Transport Trade Services's accounts receivables for the quarter that ended in Sep. 2024 was lei38.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Transport Trade Services's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 22.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Transport Trade Services's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was lei-0.78.

Transport Trade Services Accounts Receivable Historical Data

The historical data trend for Transport Trade Services'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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Transport Trade Services Accounts Receivable Chart

Transport Trade Services Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

51.44

45.75

80.96

59.92

Transport Trade Services Quarterly Data
	Dec20	Mar21	Dec21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Receivable	Get a 7-Day Free Trial							-	59.92	58.88	65.84	38.08

Transport Trade Services Accounts Receivable Calculation

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

Transport Trade Services 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.

Transport Trade Services's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	38.08	/	155.049	*	91
=	22.41

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

Transport Trade Services's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(149.793	+	0.75 * 38.08	+	0.5 * 27.311	-	197.922
-	0	-	134.849)	/	180.000
=	-0.78

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.

Transport Trade Services Accounts Receivable Related Terms

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Transport Trade Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Transport Trade Services (BSE:TTS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

27 Vaselor Street, Bucharest, ROU, 021253

Website

https://www.tts-group.ro

Transport Trade Services is a freight forwarder company. The company operates as a sender of goods in domestic and international transport, on interior riverways, offering integrated/modular transport services. It invests in various fields such as inland freight water transport, inland passenger water transport, repair and maintenance of ships and boats, cargo handling and storage, support activities for transportation, freight rail transport and hotels, and similar accommodation. The company's segment includes Forwarding, River transport, and Port Operations. The majority of revenue is derived from forwarding and river transport.

Transport Trade Services Headlines

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