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Spir Group ASA (OSL:SPIR) Accounts Receivable : kr220 Mil (As of Mar. 2025)


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What is Spir Group ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Spir Group ASA's accounts receivables for the quarter that ended in Mar. 2025 was kr220 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Spir Group ASA's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 63.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Spir Group ASA's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was kr-8.36.


Spir Group ASA Accounts Receivable Historical Data

The historical data trend for Spir Group 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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Spir Group ASA Accounts Receivable Chart

Spir Group ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 21.65 62.09 128.37 111.20 110.00

Spir Group ASA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 166.21 204.58 186.59 110.00 220.00

Spir Group ASA Accounts Receivable Calculation

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


Spir Group 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.

Spir Group ASA's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=219.996/315.834*91
=63.56

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

Spir Group ASA's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(82.623+0.75 * 219.996+0.5 * 0-1260.814
-0-95.73)/132.663
=-8.36

* 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.


Spir Group ASA Accounts Receivable Related Terms

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Spir Group ASA Business Description

Traded in Other Exchanges
Address
Dronning Mauds gate 10, Oslo, NOR, 0250
Spir Group ASA is a software company. It specializes in offering digital solutions to companies in the Nordic region. It provides digital solutions for case management and archive systems. The company provides solutions like RiskManager, eByggesak, Cloud, Lekdommer, and Sak-Arkiv. The company works in five segments: Sikri, Ambita, Boligmappa, Iverdi, and Metria segments. The majority of its revenue is generated from the Sikri segment.