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Zalaris ASA (OSL:ZAL) Accounts Receivable : kr294 Mil (As of Mar. 2024)


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What is Zalaris ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zalaris ASA's accounts receivables for the quarter that ended in Mar. 2024 was kr294 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zalaris ASA's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 84.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zalaris ASA's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-27.58.


Zalaris ASA Accounts Receivable Historical Data

The historical data trend for Zalaris 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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Zalaris ASA Accounts Receivable Chart

Zalaris ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.61 148.65 141.40 191.72 262.69

Zalaris ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 225.62 231.36 241.01 262.69 294.33

Zalaris ASA Accounts Receivable Calculation

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


Zalaris 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.

Zalaris ASA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=294.33/318.309*91
=84.38

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

Zalaris ASA's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(157.47+0.75 * 294.33+0.5 * 0-978.307
-0--2.485)/21.6697
=-27.58

* 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.


Zalaris ASA Accounts Receivable Related Terms

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Zalaris ASA (OSL:ZAL) Business Description

Traded in Other Exchanges
Address
Hoffsveien 4, Oslo, NOR, NO-0275
Zalaris ASA is engaged in delivering full-service outsourced personnel and payroll services. The company has two reportable segments that are Managed Services and Professional Services. Managed services include payroll and HR outsourcing services, as well as related cloud system solutions and services. Professional Services include deliveries of change projects based on Zalaris templates or implementation of customer-specific functionality. Managed services contribute to the majority of the revenue. The company operates in Norway, Northern Europe, Central Europe, the United Kingdom, Ireland and APAC.

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