Airthings ASA (OSL:AIRX) Accounts Receivable : kr97.2 Mil (As of Sep. 2024)

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What is Airthings ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Airthings ASA's accounts receivables for the quarter that ended in Sep. 2024 was kr97.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Airthings ASA's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 83.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Airthings ASA's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was kr0.60.

Airthings ASA Accounts Receivable Historical Data

The historical data trend for Airthings ASA'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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Airthings ASA Accounts Receivable Chart

Airthings ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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41.87

60.95

106.43

109.66

117.89

Airthings ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Receivable	Get a 7-Day Free Trial															97.54	117.89	99.70	95.70	97.23

Airthings ASA Accounts Receivable Calculation

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

Airthings ASA 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.

Airthings ASA's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	97.229	/	105.833	*	91
=	83.83

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

Airthings ASA's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(95.911	+	0.75 * 97.229	+	0.5 * 146.953	-	124.253
-	0	-	0)	/	197.758
=	0.60

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.

Airthings ASA Accounts Receivable Related Terms

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Airthings ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Airthings ASA (OSL:AIRX) » Definitions » Accounts Receivable

Traded in Other Exchanges

64J:Germany

Address

Wergelandsveien 7, Oslo, NOR, 0167

Website

https://www.airthings.com

Airthings ASA is a hardware-enabled software company that develops products and systems for monitoring indoor air quality, radon, and energy efficiency. The company's solutions resolve issues related to air quality and air containment and enable a reduced CO2 footprint by optimizing energy consumption for buildings. It is engaged in three business segments which include Airthings for Consumer (Consumer), Airthings for Business (AfB), and Airthings for Professionals (Pro). The majority of the revenue comes from the Airthings for Consumer segment, which offers air quality monitors and air purifiers with software solutions to enable consumers to create and maintain a healthy home environment.

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