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Vow ASA (FRA:213) Accounts Receivable : €17.52 Mil (As of Dec. 2024)


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What is Vow ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vow ASA's accounts receivables for the quarter that ended in Dec. 2024 was €17.52 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vow ASA's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 70.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vow ASA's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-0.23.


Vow ASA Accounts Receivable Historical Data

The historical data trend for Vow ASA'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.

* Premium members only.

Vow ASA Accounts Receivable Chart

Vow ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.02 12.05 18.35 20.94 17.52

Vow ASA Quarterly Data
Sep16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 - 20.94 17.70 16.65 17.52

Vow ASA Accounts Receivable Calculation

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


Vow ASA 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.

Vow ASA's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17.516/22.614*91
=70.68

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

Vow ASA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(3.941+0.75 * 17.516+0.5 * 3.234-84.509
-0-0.357)/290.412
=-0.23

* 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.


Vow ASA Accounts Receivable Related Terms

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Vow ASA Business Description

Traded in Other Exchanges
Address
Lysaker Torg 12, Lysaker, NOR, 1366
Vow ASA develops and delivers technology and solutions to bring an end to waste and help industries decarbonise - solutions. The solutions purify wastewater and convert biomass and waste into valuable resources, generating CO2-neutral energy and biocarbon that decarbonise industrial processes. The group is organised across three operating segments: Industrial Solutions, Maritime Solutions and Aftersales. Marine solution segment provide advanced systems with technologies for processing waste and purifying wastewater for cruise ships and aquaculture. Industrial solution designs and provides plants for processing biomass, food products, and industry residues, which are widespread in the sectors of environment, agro-food and energy. Aftersales segment are sales of spare parts, consumable, etc.

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