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Immofinanz AG (LTS:0PAN) Accounts Receivable : €322.4 Mil (As of Sep. 2024)


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What is Immofinanz AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Immofinanz AG's accounts receivables for the quarter that ended in Sep. 2024 was €322.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Immofinanz AG's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 141.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Immofinanz AG's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-34.32.


Immofinanz AG Accounts Receivable Historical Data

The historical data trend for Immofinanz 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.

Immofinanz AG Accounts Receivable Chart

Immofinanz AG Annual Data
Trend Apr14 Apr15 Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.18 53.05 52.14 78.43 92.99

Immofinanz AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 158.62 92.99 208.66 59.17 322.44

Immofinanz AG Accounts Receivable Calculation

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


Immofinanz 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.

Immofinanz AG's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=322.435/208.266*91
=141.27

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

Immofinanz AG's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(615.971+0.75 * 322.435+0.5 * 4.806-5436.985
-0-158.694)/137.974
=-34.32

* 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.


Immofinanz AG Accounts Receivable Related Terms

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Immofinanz AG Business Description

Address
Wienerbergstrasse 11, Vienna, AUT, 1100
Immofinanz AG is a real estate investment and development company in Europe. It provides real estate solutions for customers from a portfolio consisting of commercial properties in the office and retail asset classes and is focused on flexible property consumers. It has three brands in particular: myhive for offices, VIVO! for shopping centers, and STOP SHOP for retail parks. It provides management and development of retail and office properties in selected Central and Eastern European countries. Its reportable segments include Office, retail, and Others.

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