Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kore Group Holdings's accounts receivables for the quarter that ended in Dec. 2024 was $44.0 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Kore Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 54.73.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kore Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-29.38.
Kore Group Holdings Accounts Receivable Historical Data
The historical data trend for Kore Group Holdings'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.
Kore Group Holdings Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Kore Group Holdings 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.
Kore Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Kore Group Holdings's accounts receivable are only considered to be worth 75% of book value:
Kore Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is calculated as:
* 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.
Kore Group Holdings Accounts Receivable Related Terms
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Kore Group Holdings Inc provides Internet of Things (IoT) solutions and services. In addition to providing critical services to customers globally, it enables them to manage, deploy, and scale their IoT applications and use cases. It offers connectivity services, location-based services, device solutions, and managed and professional services for the development and support of IoT technology for the Machine-to-Machine market. It derives revenue from IoT Connectivity services, IoT Solutions services, SIMs (IoT Connectivity), and IoT devices (IoT Solutions). Geographically, the company generates a majority of its revenue from the United States and the rest from other countries.
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