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Norwegian Block Exchange AS (OSL:NBX) Accounts Receivable : kr1.09 Mil (As of Dec. 2024)


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What is Norwegian Block Exchange AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Norwegian Block Exchange AS's accounts receivables for the quarter that ended in Dec. 2024 was kr1.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Norwegian Block Exchange AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 14.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Norwegian Block Exchange AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was kr-0.45.


Norwegian Block Exchange AS Accounts Receivable Historical Data

The historical data trend for Norwegian Block Exchange 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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Norwegian Block Exchange AS Accounts Receivable Chart

Norwegian Block Exchange AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial - 0.02 0.74 0.66 1.09

Norwegian Block Exchange AS Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.74 - 0.66 0.90 1.09

Norwegian Block Exchange AS Accounts Receivable Calculation

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


Norwegian Block Exchange 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.

Norwegian Block Exchange AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.094/14.126*91
=14.13

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

Norwegian Block Exchange AS'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)
=(11.219+0.75 * 1.094+0.5 * 0-74.335
-0-0)/137.043
=-0.45

* 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.


Norwegian Block Exchange AS Accounts Receivable Related Terms

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Norwegian Block Exchange AS Business Description

Traded in Other Exchanges
Address
Arnstein Arnebergs Vei 30, Lysaker, NOR, 1366
Norwegian Block Exchange AS ) is a company that stores and exchanges virtual currency for fiat and holds both an e-money and VASP license. Its main part of the business contains the development and operation of trading platforms for virtual currency for the company's customers.

Norwegian Block Exchange AS Headlines

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