Betolar Oyj (OHEL:BETOLAR) Accounts Receivable : €0.23 Mil (As of Dec. 2023)

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What is Betolar Oyj Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Betolar Oyj's accounts receivables for the quarter that ended in Dec. 2023 was €0.23 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Betolar Oyj's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 108.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Betolar Oyj's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €0.36.

Betolar Oyj Accounts Receivable Historical Data

The historical data trend for Betolar Oyj'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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Betolar Oyj Accounts Receivable Chart

Betolar Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

0.01

0.14

0.23

Betolar Oyj Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			0.01	0.05	0.14	0.08	0.23

Betolar Oyj Accounts Receivable Calculation

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

Betolar Oyj 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.

Betolar Oyj's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.229	/	0.384	*	91
=	108.83

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

Betolar Oyj's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(14.315	+	0.75 * 0.229	+	0.5 * 0	-	7.45
-	0	-	0)	/	19.6069
=	0.36

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.

Betolar Oyj Accounts Receivable Related Terms

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Betolar Oyj (OHEL:BETOLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Betolar Oyj (OHEL:BETOLAR) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mannilantie 9, Kannonkoski, FIN, 43300

Website

https://www.betolar.com

Betolar Oyj is a Finnish materials technology company in the growth stage, whose mission is to enable the green transition of different industries globally, especially in the construction, process, and energy industries, by offering solutions for the utilization of its material technology. With its Geoprime solution, the company offers an alternative for producing sustainable and low-carbon concrete and concrete applications. The solution can be used to convert previously under-used or unused industrial side streams into a substitute for cement used in the production of concrete. Its product offering is divided into four segments: precast small concrete products, building elements, mining, and recycling of untapped side streams.

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