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Recreate ASA (OSL:RCR) Accounts Receivable : kr6.7 Mil (As of Jun. 2023)


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What is Recreate ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Recreate ASA's accounts receivables for the quarter that ended in Jun. 2023 was kr6.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Recreate ASA's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was kr-84.55.


Recreate ASA Accounts Receivable Historical Data

The historical data trend for Recreate 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.

Recreate ASA Accounts Receivable Chart

Recreate ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
10.52 12.61 14.16 12.73 11.62

Recreate ASA Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 16.85 15.29 21.67 11.62 6.67

Recreate ASA Accounts Receivable Calculation

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


Recreate 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.665/0*91
=

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

Recreate ASA's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(10.45+0.75 * 6.665+0.5 * 10.992-1838.91
-0-16.306)/21.6943
=-84.55

* 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.


Recreate ASA Accounts Receivable Related Terms

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Recreate ASA (OSL:RCR) Business Description

Traded in Other Exchanges
N/A
Address
Dokkvegen 11, Porsgrunn, NOR, 3920
Recreate ASA is a full-service real estate company focused on developing, owning, and managing large, sustainable commercial properties located at central hubs in Norway. It is engaged in the construction business. Its projects comprise of Skien Brygge, Utsikten, Powerhouse Telemark, Slottsfjell Park, and Vestsiden Terrasse among others. The group is organized into two reportable segments: Commercial Properties, which is a supplier of commercial property to customers and Coworking, which is a supplier of flexible office spaces.

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