Chameleon Smart Home Zrt (BUD:CHOME) Accounts Receivable : Ft5.1 Mil (As of Dec. 2023)

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What is Chameleon Smart Home Zrt Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chameleon Smart Home Zrt's accounts receivables for the quarter that ended in Dec. 2023 was Ft5.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chameleon Smart Home Zrt's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 2.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chameleon Smart Home Zrt's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was Ft-0.16.

Chameleon Smart Home Zrt Accounts Receivable Historical Data

The historical data trend for Chameleon Smart Home Zrt'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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Chameleon Smart Home Zrt Accounts Receivable Chart

Chameleon Smart Home Zrt Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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65.14

79.58

111.69

156.27

5.11

Chameleon Smart Home Zrt Semi-Annual Data
	Dec18	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			111.69	76.06	156.27	96.43	5.11

Chameleon Smart Home Zrt Accounts Receivable Calculation

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

Chameleon Smart Home Zrt 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.

Chameleon Smart Home Zrt's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.112	/	345.627	*	91
=	2.70

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

Chameleon Smart Home Zrt'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)
=	(18.053	+	0.75 * 5.112	+	0.5 * 183.238	-	118.107
-	0	-	0)	/	28.2965
=	-0.16

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.

Chameleon Smart Home Zrt Accounts Receivable Related Terms

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Chameleon Smart Home Zrt Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chameleon Smart Home Zrt (BUD:CHOME) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Oda Utca 22, Budapest, HUN, 1155

Website

https://www.chameleon-smarthome.com

Chameleon Smart Home Zrt operates as a smart home manufacturing and development technology company. It produces smart home system software and hardware. Its products comprise controllers, expanders, Wireless devices, LS modules, and Accessories.

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