GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SLOMAN NEPTUN Schiffahrts AG (HAM:NEP) » Definitions » Accounts Receivable

SLOMAN NEPTUN Schiffahrts AG (HAM:NEP) Accounts Receivable : €2.3 Mil (As of Jun. 2023)


View and export this data going back to . Start your Free Trial

What is SLOMAN NEPTUN Schiffahrts AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SLOMAN NEPTUN Schiffahrts AG's accounts receivables for the quarter that ended in Jun. 2023 was €2.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SLOMAN NEPTUN Schiffahrts AG's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 4.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SLOMAN NEPTUN Schiffahrts AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-47.85.


SLOMAN NEPTUN Schiffahrts AG Accounts Receivable Historical Data

The historical data trend for SLOMAN NEPTUN Schiffahrts AG'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.

SLOMAN NEPTUN Schiffahrts AG Accounts Receivable Chart

SLOMAN NEPTUN Schiffahrts AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 3.01 1.44 1.81 3.37

SLOMAN NEPTUN Schiffahrts AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.37 1.81 2.28 3.37 2.27

SLOMAN NEPTUN Schiffahrts AG Accounts Receivable Calculation

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


SLOMAN NEPTUN Schiffahrts AG 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.

SLOMAN NEPTUN Schiffahrts AG's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.27/87.381*91
=4.74

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

SLOMAN NEPTUN Schiffahrts AG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(65.807+0.75 * 2.27+0.5 * 1.189-113.549
-0-50.206)/1.9989
=-47.85

* 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.


SLOMAN NEPTUN Schiffahrts AG Accounts Receivable Related Terms

Thank you for viewing the detailed overview of SLOMAN NEPTUN Schiffahrts AG's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


SLOMAN NEPTUN Schiffahrts AG (HAM:NEP) Business Description

Traded in Other Exchanges
N/A
Address
Langenstrasse 44, Bremen, DEU, 28195
SLOMAN NEPTUN Schiffahrts AG offers gas transportation services, liner services and port agency services in Germany. The company operates a number of liquefied petroleum gas (LPG) and ethylene tankers, multi-purpose vessels and product tankers.The firm offers liner services along various routes to the Mediterranean Sea and North Africa. Its port agency services cover ship clearance, forwarding and customs clearing, port logistics, bunker brokerage and supply services, crew and passenger services, shipyard and repair services.

SLOMAN NEPTUN Schiffahrts AG (HAM:NEP) Headlines

From GuruFocus