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Eolus Vind AB (FRA:7EVB) Accounts Receivable : €0.8 Mil (As of Mar. 2024)


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What is Eolus Vind AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eolus Vind AB's accounts receivables for the quarter that ended in Mar. 2024 was €0.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eolus Vind AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 18.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eolus Vind AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-0.03.


Eolus Vind AB Accounts Receivable Historical Data

The historical data trend for Eolus Vind 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.

* Premium members only.

Eolus Vind AB Accounts Receivable Chart

Eolus Vind AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.36 20.97 6.91 8.64 3.49

Eolus Vind AB Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.95 4.03 3.04 3.49 0.80

Eolus Vind AB Accounts Receivable Calculation

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


Eolus Vind 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.

Eolus Vind AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.795/3.888*91
=18.66

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

Eolus Vind AB's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(64.065+0.75 * 0.795+0.5 * 121.326-119.912
-0-6.186)/24.907
=-0.03

* 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.


Eolus Vind AB Accounts Receivable Related Terms

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Eolus Vind AB (FRA:7EVB) Business Description

Traded in Other Exchanges
Address
Tredje Avenyen 3, Box 95, Hassleholm, SWE, 281 21
Eolus Vind AB is a wind power contractor in Sweden. The company is engaged in the development and construction of wind turbines for divestment or proprietary management. It is also engaged in project development activity which includes pre-study, project development, establishment, and sale of wind power facilities. Its project portfolio includes onshore wind, offshore wind, solar power, storage, and sea-based wind. The majority of its revenue comes from the project planning segment.

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