DOF Group ASA (OSL:DOFG) Accounts Receivable : kr4,485 Mil (As of Mar. 2025)

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What is DOF Group ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DOF Group ASA's accounts receivables for the quarter that ended in Mar. 2025 was kr4,485 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DOF Group ASA's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 97.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DOF Group ASA's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was kr-53.72.

DOF Group ASA Accounts Receivable Historical Data

The historical data trend for DOF Group 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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DOF Group ASA Accounts Receivable Chart

DOF Group ASA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

1,046.47

1,486.46

2,114.34

3,059.33

4,364.74

DOF Group ASA Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Receivable	Get a 7-Day Free Trial										3,300.36	3,258.93	3,590.44	4,364.74	4,484.84

DOF Group ASA Accounts Receivable Calculation

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

DOF Group 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.

DOF Group ASA's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4484.844	/	4196.533	*	91
=	97.52

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

DOF Group ASA's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=	(3683.979	+	0.75 * 4484.844	+	0.5 * 0	-	20277.902
-	0	-	0)	/	246.279
=	-53.72

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.

DOF Group ASA Accounts Receivable Related Terms

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DOF Group ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » DOF Group ASA (OSL:DOFG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

DOFGo:Sweden DOFGo:UK UV3:Germany

Address

Alfabygget, Storebo, NOR, 5392

Website

https://www.dof.com

DOF Group ASA is a provider of integrated subsea projects and marine services to the offshore energy market. DOF operates in five segments, which include DOF Subsea Group, DOF Rederi, Norskan Offshore Ltda, DOF Denmark, and Corporate and vessel management. The majority of revenue is derived from the subsea segment, which is engaged in subsea engineering and shipowning. The company generates the majority of its revenue from the DOF Subsea segment. The activities from the subsea operations include Subsea IMR projects contracts ("subsea projects") and fixed time charter contracts ("long-term chartering").

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