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Astrasun Solar PCL (BUD:ASTRASUN) Accounts Receivable : Ft214 Mil (As of Dec. 2023)


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What is Astrasun Solar PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Astrasun Solar PCL's accounts receivables for the quarter that ended in Dec. 2023 was Ft214 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Astrasun Solar PCL's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 62.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Astrasun Solar PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was Ft-108.96.


Astrasun Solar PCL Accounts Receivable Historical Data

The historical data trend for Astrasun Solar PCL'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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Astrasun Solar PCL Accounts Receivable Chart

Astrasun Solar PCL Annual Data
Trend Dec22 Dec23
Accounts Receivable
90.83 213.88

Astrasun Solar PCL Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Accounts Receivable - 90.83 611.34 213.88

Astrasun Solar PCL Accounts Receivable Calculation

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


Astrasun Solar PCL 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.

Astrasun Solar PCL's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=213.879/622.053*91
=62.75

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

Astrasun Solar PCL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(1008.65+0.75 * 213.879+0.5 * 103.108-3794.676
-0-0)/23.6241
=-108.96

* 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.


Astrasun Solar PCL Accounts Receivable Related Terms

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Astrasun Solar PCL (BUD:ASTRASUN) Business Description

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Traded in Other Exchanges
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Address
Kossuth Lajos Strreet 103, Csomad, HUN, H-2161
Astrasun Solar PCL plays key role in the Hungarian renewable energy market. Astrasun is a solar power plant project developer Company, and invests in green energy.

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