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Kuoni Reisen Holding AG (LTS:0QPL) Accounts Receivable : CHF0 Mil (As of Dec. 2015)


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What is Kuoni Reisen Holding AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kuoni Reisen Holding AG's accounts receivables for the quarter that ended in Dec. 2015 was CHF0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kuoni Reisen Holding AG's Days Sales Outstanding for the quarter that ended in Dec. 2015 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kuoni Reisen Holding AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was CHF-211.57.


Kuoni Reisen Holding AG Accounts Receivable Historical Data

The historical data trend for Kuoni Reisen Holding 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.

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Kuoni Reisen Holding AG Accounts Receivable Chart

Kuoni Reisen Holding AG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 366.93 403.84 400.52 - -

Kuoni Reisen Holding AG Quarterly Data
Sep09 Dec09 Jun10 Sep10 Dec10 Jun11 Sep11 Dec11 Jun12 Sep12 Dec12 Jun13 Sep13 Dec13 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15
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 - - 423.00 544.10 -

Kuoni Reisen Holding AG Accounts Receivable Calculation

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


Kuoni Reisen Holding 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.

Kuoni Reisen Holding AG's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/788.8*91
=0.00

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

Kuoni Reisen Holding AG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 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)
=(271.2+0.75 * 0+0.5 * 0-1099.1
-0-1.4)/3.91977
=-211.57

* 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.


Kuoni Reisen Holding AG Accounts Receivable Related Terms

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Kuoni Reisen Holding AG (LTS:0QPL) Business Description

Traded in Other Exchanges
N/A
Address
Kuoni Reisen Holding AG was established in 1906. The Company operates travel agencies and provides travel planning services. It provides leisure travel services as well as offers tours and support services for overseas travelers in Europe. The Company's business activities are split into three different areas: Destination Management, Tour operating and Visa services. Destination & Accommodation services involve procurement and supply of services as a specialized wholesaler and supplier. It provides accommodation and land components to online & offline travel agencies, tour operators and aggregators via its efficient, online distribution system. Tour Operating activities focus on outbound leisure travel from European and Asian source markets and offer a variety of tailor-made, individual and packaged holidays to end consumers and online & offline travel agencies. Visa Processing Services offers administrative parts of the visa application, and other consular processes.

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