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Domiki Kritis (FRA:F9P) Accounts Receivable : €2.51 Mil (As of Jun. 2024)


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What is Domiki Kritis Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Domiki Kritis's accounts receivables for the quarter that ended in Jun. 2024 was €2.51 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Domiki Kritis's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 59.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Domiki Kritis's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.71.


Domiki Kritis Accounts Receivable Historical Data

The historical data trend for Domiki Kritis'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.

Domiki Kritis Accounts Receivable Chart

Domiki Kritis Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 1.36 2.05 2.54 3.93 6.50

Domiki Kritis Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.37 3.93 1.47 6.50 2.51

Domiki Kritis Accounts Receivable Calculation

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


Domiki Kritis 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.

Domiki Kritis's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.509/7.74*91
=59.16

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

Domiki Kritis's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(1.005+0.75 * 2.509+0.5 * 0.085-14.123
-0-0.01)/15.879
=-0.71

* 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.


Domiki Kritis Accounts Receivable Related Terms

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Domiki Kritis Business Description

Traded in Other Exchanges
Address
14 Street Koronaiou, Crete, Heraklion, GRC, 71202
Domiki Kritis SA is a Greek based construction company. The company is engaged in heavy infrastructure, port works, construction projects, H/M and industrial projects, renewable energy, real estate and environmental projects. It provides valuable services to clients, build partnerships in the community and deliver a safe environment for people.

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