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11 88 0 Solutions AG (HAM:TGT) Accounts Receivable : €5.84 Mil (As of Sep. 2023)


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What is 11 88 0 Solutions AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 11 88 0 Solutions AG's accounts receivables for the quarter that ended in Sep. 2023 was €5.84 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 11 88 0 Solutions AG's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 37.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 11 88 0 Solutions AG's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-0.49.


11 88 0 Solutions AG Accounts Receivable Historical Data

The historical data trend for 11 88 0 Solutions 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.

11 88 0 Solutions AG Accounts Receivable Chart

11 88 0 Solutions AG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.63 9.30 8.74 9.61 9.31

11 88 0 Solutions AG Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 8.76 9.92 6.93 5.69 5.84

11 88 0 Solutions AG Accounts Receivable Calculation

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


11 88 0 Solutions 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.

11 88 0 Solutions AG's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.837/14.032*91
=37.96

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 11 88 0 Solutions AG's accounts receivable are only considered to be worth 75% of book value:

11 88 0 Solutions AG's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(1.344+0.75 * 5.837+0.5 * 0-17.937
-0-0)/24.9152
=-0.49

* 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.


11 88 0 Solutions AG Accounts Receivable Related Terms

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11 88 0 Solutions AG (HAM:TGT) Business Description

Traded in Other Exchanges
Address
Hohenzollernstrasse 24, Essen, NW, DEU, 45128
11 88 0 Solutions AG is telecom service company based in Germany. The company has business segments that are Directory Assistance and Digital. The Directory Assistance segment provides services related to inquiries made at by phone for information regarding of phone numbers, pre-dial numbers and addresses while the Digital segment receives revenue from advertisements on the company's platforms and websites. The Digital segment also includes the software solutions business, which comprises digital telephone books and yellow pages on CDROM and as intranet and database solutions. The company's product line includes online marketing and various tools to analyze data. The Digital segment generates maximum revenue for the company.

11 88 0 Solutions AG (HAM:TGT) Headlines

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