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Flekkefjord Sparebank ASA (OSL:FFSB) Accounts Receivable : kr0.0 Mil (As of Dec. 2024)


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What is Flekkefjord Sparebank ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Flekkefjord Sparebank ASA's accounts receivables for the quarter that ended in Dec. 2024 was kr0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Flekkefjord Sparebank ASA's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Flekkefjord Sparebank ASA's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was kr-6,212.15.


Flekkefjord Sparebank ASA Accounts Receivable Historical Data

The historical data trend for Flekkefjord Sparebank 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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Flekkefjord Sparebank ASA Accounts Receivable Chart

Flekkefjord Sparebank ASA Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Accounts Receivable
- - - -

Flekkefjord Sparebank ASA Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial - - - - -

Flekkefjord Sparebank ASA Accounts Receivable Calculation

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


Flekkefjord Sparebank 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.

Flekkefjord Sparebank ASA's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/90.346*91
=0.00

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

Flekkefjord Sparebank ASA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(87.927+0.75 * 0+0.5 * 0-9406.146
-0-0)/1.500
=-6,212.15

* 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.


Flekkefjord Sparebank ASA Accounts Receivable Related Terms

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Flekkefjord Sparebank ASA Business Description

Traded in Other Exchanges
N/A
Address
Brogaten 18, Flekkefjord, NOR, 4400
Flekkefjord Sparebank ASA formerly Flekkefjord Sparebank is involved in banking activities and provides all the banking services to its customer. The banking services includes saving bank, commercial bank etc.

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