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Aker Solutions ASA (OSTO:AKSOO) Accounts Receivable : kr6,207 Mil (As of Dec. 2024)


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What is Aker Solutions ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aker Solutions ASA's accounts receivables for the quarter that ended in Dec. 2024 was kr6,207 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aker Solutions ASA's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 40.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aker Solutions ASA's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was kr-31.61.


Aker Solutions ASA Accounts Receivable Historical Data

The historical data trend for Aker Solutions 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.

Aker Solutions ASA Accounts Receivable Chart

Aker Solutions ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,945.00 4,677.00 5,857.00 5,267.00 6,207.00

Aker Solutions ASA Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,857.00 6,046.00 5,267.00 5,442.00 6,207.00

Aker Solutions ASA Accounts Receivable Calculation

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


Aker Solutions 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.

Aker Solutions ASA's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6207/27894*91
=40.61

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

Aker Solutions ASA'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)
=(5056+0.75 * 6207+0.5 * 46-25032
-0--144)/479.324
=-31.61

* 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.


Aker Solutions ASA Accounts Receivable Related Terms

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Aker Solutions ASA Business Description

Traded in Other Exchanges
Address
Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366
Aker Solutions ASA provides integrated solutions, products and services to the world's energy industry. Aker Solutions provides low carbon oil and gas solutions, and develops renewable solutions for customers around the world. Aker Solutions reports under the following reporting segments which are Renewables and Field Development includes Offshore wind power Green onshore Traditional oil and gas platforms Onshore facilities Decommissioning and marine operations Life Cycle segments involves Optimized field life solutions Decarbonization driven solutions Offshore and onshore facilities Life cycle offerings.

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