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Harboes Bryggeri AS (OCSE:HARB B) Accounts Receivable : kr389 Mil (As of Jan. 2025)


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What is Harboes Bryggeri AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Harboes Bryggeri AS's accounts receivables for the quarter that ended in Jan. 2025 was kr389 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Harboes Bryggeri AS's Days Sales Outstanding for the quarter that ended in Jan. 2025 was 81.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Harboes Bryggeri AS's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was kr-48.91.


Harboes Bryggeri AS Accounts Receivable Historical Data

The historical data trend for Harboes Bryggeri AS'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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Harboes Bryggeri AS Accounts Receivable Chart

Harboes Bryggeri AS Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.92 183.69 224.66 295.51 359.73

Harboes Bryggeri AS Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 337.07 359.73 433.22 416.54 389.28

Harboes Bryggeri AS Accounts Receivable Calculation

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


Harboes Bryggeri AS 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.

Harboes Bryggeri AS's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=389.28/434.832*91
=81.69

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

Harboes Bryggeri AS's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 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)
=(15.721+0.75 * 389.28+0.5 * 204.025-615.977
-0-0)/4.218
=-48.91

* 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.


Harboes Bryggeri AS Accounts Receivable Related Terms

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Harboes Bryggeri AS Business Description

Traded in Other Exchanges
Address
Spegerborgvej 34, Skaelskor, DNK, 4230
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.

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