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Aurora Eiendom AS (OSL:AURA) Accounts Receivable : kr12.2 Mil (As of Sep. 2024)


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What is Aurora Eiendom AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aurora Eiendom AS's accounts receivables for the quarter that ended in Sep. 2024 was kr12.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aurora Eiendom AS's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 7.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aurora Eiendom AS's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was kr-155.88.


Aurora Eiendom AS Accounts Receivable Historical Data

The historical data trend for Aurora Eiendom 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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Aurora Eiendom AS Accounts Receivable Chart

Aurora Eiendom AS Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
2.34 8.46 15.70

Aurora Eiendom AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.22 15.70 23.69 18.71 12.23

Aurora Eiendom AS Accounts Receivable Calculation

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


Aurora Eiendom 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.

Aurora Eiendom AS's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.233/142.698*91
=7.82

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

Aurora Eiendom AS'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)
=(190.91+0.75 * 12.233+0.5 * 0-5026.369
-0-0)/30.9624
=-155.88

* 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.


Aurora Eiendom AS Accounts Receivable Related Terms

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Aurora Eiendom AS Business Description

Traded in Other Exchanges
Address
Oravegen 4, Surnadal, NOR, 6650
Aurora Eiendom AS is a Norwegian real estate company that owns, operates, and develops shopping destinations, and creates value for customers, tenants, and investors. The company owns and operates shopping centers in Norway and generates revenue in the form of rental income.