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New World Solutions (FRA:RT5) Accounts Receivable : €0.05 Mil (As of Oct. 2024)


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What is New World Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. New World Solutions's accounts receivables for the quarter that ended in Oct. 2024 was €0.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. New World Solutions's Days Sales Outstanding for the quarter that ended in Oct. 2024 was 839.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. New World Solutions's Net-Net Working Capital per share for the quarter that ended in Oct. 2024 was €-0.00.


New World Solutions Accounts Receivable Historical Data

The historical data trend for New World Solutions'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.

New World Solutions Accounts Receivable Chart

New World Solutions Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.28 0.31 - -

New World Solutions Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 - - - 0.05 0.05

New World Solutions Accounts Receivable Calculation

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


New World Solutions 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.

New World Solutions's Days Sales Outstanding for the quarter that ended in Oct. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.046/0.005*91
=839.50

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

New World Solutions's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(0.079+0.75 * 0.046+0.5 * 0.057-0.975
-0-0.001)/168.270
=-0.00

* 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.


New World Solutions Accounts Receivable Related Terms

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New World Solutions Business Description

Traded in Other Exchanges
N/A
Address
2990 Arbutus Street, 2nd Floor, Vancouver, BC, CAN, V6J 3Y9Nam
New World Solutions Inc is a technology firm focused on Electric Vehicle (EV) and Blockchain technologies. That provides shareholders with exposure to various areas of Decentralized Finance (DeFi) and electric vehicle charging solutions. The group focuses on altcoins (cryptocurrencies other the Bitcoin) through its wholly owned subsidiaries Babbage Mining Corp a Proof of Stake (POS) miner, and Beyond the Moon Inc an IDO-focused company, the Company gave investors exposure to the vast emerging market of cryptocurrencies. Its segment includes the Cryptocurrencies segment and the Technology segment.

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