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River Tech (OSL:RIVER) Accounts Receivable : kr22.8 Mil (As of Dec. 2024)


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What is River Tech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. River Tech's accounts receivables for the quarter that ended in Dec. 2024 was kr22.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. River Tech's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 49.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. River Tech's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was kr2.06.


River Tech Accounts Receivable Historical Data

The historical data trend for River Tech'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.

River Tech Accounts Receivable Chart

River Tech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 12.14 11.68 16.74 35.58 22.78

River Tech Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.74 43.93 35.58 29.39 22.78

River Tech Accounts Receivable Calculation

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


River Tech 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.

River Tech's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=22.782/84.829*91
=49.01

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

River Tech'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)
=(56.901+0.75 * 22.782+0.5 * 0-31.723
-0-0)/20.552
=2.06

* 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.


River Tech Accounts Receivable Related Terms

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River Tech Business Description

Traded in Other Exchanges
Address
Dragonara Road, Aragon House Business Center, Saint Julian's, MLT, STJ 3140
River Tech PLC is a technology company. The company offers business to business technology products. The company is involved in high-quality software, technology, and platform services, developing and assisting companies with specialist competencies by providing secure and tailormade yet user-friendly solutions, for the delivery of services within the online sphere.

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