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Detection Technology (OHEL:DETEC) Accounts Receivable : €30.37 Mil (As of Dec. 2024)


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What is Detection Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Detection Technology's accounts receivables for the quarter that ended in Dec. 2024 was €30.37 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Detection Technology's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 87.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Detection Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €3.04.


Detection Technology Accounts Receivable Historical Data

The historical data trend for Detection Technology'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.

Detection Technology Accounts Receivable Chart

Detection Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.02 29.05 31.92 31.50 30.37

Detection Technology Quarterly Data
Sep15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 31.92 31.29 31.50 35.28 30.37

Detection Technology Accounts Receivable Calculation

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


Detection Technology 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.

Detection Technology's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=30.368/31.613*91
=87.66

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

Detection Technology'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)
=(28.266+0.75 * 30.368+0.5 * 22.793-17.621
-0-0.195)/14.656
=3.04

* 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.


Detection Technology Accounts Receivable Related Terms

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Detection Technology Business Description

Traded in Other Exchanges
Address
A Grid, Otakaari 5A, Espoo, FIN, FI-02150
Detection Technology PLC is a company engaged in providing X-ray imaging subsystems, components and services for medical, security and industrial applications. The business units of the company are the Medical business unit and Security and Industrial business unit, of which prime revenue is derived from the Security Business Unit. Its security imaging offering includes X-ray imaging subsystems for security applications from baggage, parcel and cargo scanning to personnel screening and computed tomography. The company operates in Finland, APAC, Other EMEA and Americas.

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