GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Hexagon Purus ASA (LTS:0AC1) » Definitions » Accounts Receivable

Hexagon Purus ASA (LTS:0AC1) Accounts Receivable : kr351 Mil (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Hexagon Purus ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hexagon Purus ASA's accounts receivables for the quarter that ended in Dec. 2024 was kr351 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hexagon Purus ASA's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 81.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hexagon Purus ASA's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was kr-2.99.


Hexagon Purus ASA Accounts Receivable Historical Data

The historical data trend for Hexagon Purus ASA'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.

Hexagon Purus ASA Accounts Receivable Chart

Hexagon Purus ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 26.66 220.29 228.93 274.97 351.43

Hexagon Purus ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 274.97 359.43 400.96 467.91 351.43

Hexagon Purus ASA Accounts Receivable Calculation

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


Hexagon Purus ASA 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.

Hexagon Purus ASA's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=351.432/395.616*91
=81.06

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

Hexagon Purus ASA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(1027.732+0.75 * 351.432+0.5 * 694.062-2811.984
-0-106.301)/428.486
=-2.99

* 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.


Hexagon Purus ASA Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Hexagon Purus ASA's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Hexagon Purus ASA Business Description

Traded in Other Exchanges
Address
Korsegata 4B, Alesund, NOR, NO-6002
Hexagon Purus ASA is a provider of Hydrogen Type 4 high-pressure cylinders, complete vehicle systems, and battery packs for fuel cell electric and battery electric vehicles including hybrid mobility applications on light, medium, and heavy-duty vehicles, buses, marine, rail, and aerospace. The company has a geographic presence in Norway, Europe, North America, and Others.

Hexagon Purus ASA Headlines

No Headlines