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Hagar hf (OISE:HAGA) Accounts Receivable : kr5,868 Mil (As of May. 2024)


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What is Hagar hf Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hagar hf's accounts receivables for the quarter that ended in May. 2024 was kr5,868 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hagar hf's Days Sales Outstanding for the quarter that ended in May. 2024 was 12.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hagar hf's Net-Net Working Capital per share for the quarter that ended in May. 2024 was kr-34.24.


Hagar hf Accounts Receivable Historical Data

The historical data trend for Hagar hf'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.

Hagar hf Accounts Receivable Chart

Hagar hf Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,709.00 4,239.00 4,604.00 4,987.00 4,950.00

Hagar hf Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 5,369.00 6,400.00 6,404.00 4,950.00 5,868.00

Hagar hf Accounts Receivable Calculation

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


Hagar hf 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.

Hagar hf's Days Sales Outstanding for the quarter that ended in May. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5868/44067*91
=12.15

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

Hagar hf's Net-Net Working Capital Per Share for the quarter that ended in May. 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)
=(4574+0.75 * 5868+0.5 * 12798-52503
-0-0)/1084.31
=-34.24

* 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.


Hagar hf Accounts Receivable Related Terms

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Hagar hf Business Description

Traded in Other Exchanges
N/A
Address
Hagasmari 1, Kopavogur, ISL, 201
Hagar hf is a retail company located in Iceland. The company with its subsidiaries operate stores within retail chains as well as warehouses. It also operates specialty product division within Hagkaup grocery retailer and several specialty stores offering lifestyle and retail brands. The firm mainly operates in grocery sector and owns Hagkaup and Bonus grocery retailers and also support service companies in the fields of purchasing and distribution.

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