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Eqva ASA (OSL:EQVA) Accounts Receivable : kr99.5 Mil (As of Dec. 2023)


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What is Eqva ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eqva ASA's accounts receivables for the quarter that ended in Dec. 2023 was kr99.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eqva ASA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 77.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eqva ASA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was kr-3.95.


Eqva ASA Accounts Receivable Historical Data

The historical data trend for Eqva 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.

* Premium members only.

Eqva ASA Accounts Receivable Chart

Eqva ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.65 24.47 19.78 90.96 99.49

Eqva ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 19.78 75.09 90.96 123.05 99.49

Eqva ASA Accounts Receivable Calculation

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


Eqva 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.

Eqva ASA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=99.493/234.954*91
=77.28

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

Eqva ASA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(23.071+0.75 * 99.493+0.5 * 5.78-377.22
-0-5.319)/71.3873
=-3.95

* 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.


Eqva ASA Accounts Receivable Related Terms

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Eqva ASA (OSL:EQVA) Business Description

Traded in Other Exchanges
Address
Mjolstadnesvegen, Fosnavag, NOR, 6092
Eqva ASA is a knowledge-based active owner of engineering, construction, and service companies that contribute to the green transition in maritime, power-intensive, and renewable industries. It aims to become a fully integrated service and maintenance supplier for the Norwegian land-based and maritime industry. The business is organized into two business segments: Maritime Services and Products, solutions & renewables. The company's majority of its revenue comes from the Maritime Services segment.

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