WPU Waste Plastic Upcycling AS (OSL:WPU) Accounts Receivable : kr0.29 Mil (As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is WPU Waste Plastic Upcycling AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. WPU Waste Plastic Upcycling AS's accounts receivables for the quarter that ended in Jun. 2023 was kr0.29 Mil.

Accounts receivable can be measured by Days Sales Outstanding. WPU Waste Plastic Upcycling AS's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 299.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. WPU Waste Plastic Upcycling AS's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was kr-2.71.

WPU Waste Plastic Upcycling AS Accounts Receivable Historical Data

The historical data trend for WPU Waste Plastic Upcycling 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.

* Premium members only.

WPU Waste Plastic Upcycling AS Accounts Receivable Chart

WPU Waste Plastic Upcycling AS Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

0.38

0.01

1.27

WPU Waste Plastic Upcycling AS Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	-	0.01	0.29	1.27

WPU Waste Plastic Upcycling AS Accounts Receivable Calculation

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

WPU Waste Plastic Upcycling 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.

WPU Waste Plastic Upcycling AS's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.294	/	0.179	*	91
=	299.75

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

WPU Waste Plastic Upcycling AS'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)
=	(5.147	+	0.75 * 0.294	+	0.5 * 0.171	-	141.458
-	0	-	0)	/	50.2074
=	-2.71

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.

WPU Waste Plastic Upcycling AS Accounts Receivable Related Terms

Thank you for viewing the detailed overview of WPU Waste Plastic Upcycling AS's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

WPU Waste Plastic Upcycling AS (OSL:WPU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » WPU Waste Plastic Upcycling AS (OSL:WPU) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hojgardsvej 13A, Lammefjorden, Farevejle, DNK, 4540

Website

https://www.wpu-dk.com

WPU Waste Plastic Upcycling AS is engaged in the upcycling of plastics. It converts plastic waste to oil that turns into new products. Its technology is based on pyrolysis, which processes the plastic at high temperatures. With pyrolysis, plastics that are no longer suitable for mechanical recycling could be given new life.

WPU Waste Plastic Upcycling AS (OSL:WPU) Headlines

No Headlines