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Cyber Security 1 AB (FRA:7CS) Accounts Receivable : €13.01 Mil (As of Dec. 2023)


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What is Cyber Security 1 AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cyber Security 1 AB's accounts receivables for the quarter that ended in Dec. 2023 was €13.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cyber Security 1 AB's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 62.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cyber Security 1 AB's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.01.


Cyber Security 1 AB Accounts Receivable Historical Data

The historical data trend for Cyber Security 1 AB'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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Cyber Security 1 AB Accounts Receivable Chart

Cyber Security 1 AB 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 26.95 15.14 15.75 23.15 13.01

Cyber Security 1 AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.15 28.41 25.70 21.74 13.01

Cyber Security 1 AB Accounts Receivable Calculation

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


Cyber Security 1 AB 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.

Cyber Security 1 AB's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.009/18.991*91
=62.51

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Cyber Security 1 AB's accounts receivable are only considered to be worth 75% of book value:

Cyber Security 1 AB'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)
=(0.728+0.75 * 13.009+0.5 * 0.099-25.387
-0--0.267)/1025.93
=-0.01

* 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.


Cyber Security 1 AB Accounts Receivable Related Terms

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Cyber Security 1 AB (FRA:7CS) Business Description

Traded in Other Exchanges
Address
Box 70396, Stockholm, SWE, 107 24
Cyber Security 1 AB is a Sweden-based company engaged in providing governance, risk, and compliance cybersecurity solutions. It offers payments, communications, networks, and e-commerce security. It operates across public and private sector organizations internationally including government, healthcare, retail, insurance, manufacturing, and hospitality. It operating segments of the firm are Distribution, Advisory Services, and MSSP/(Managed Services). The majority of the revenue comes from the Distribution. Geographically it has a presence in Africa, the Middle East, and Europe, and the majority of its revenue comes from Africa.

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