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Aventura Group AB (OSTO:AVENT B) Accounts Receivable : kr0.31 Mil (As of Sep. 2023)


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What is Aventura Group AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aventura Group AB's accounts receivables for the quarter that ended in Sep. 2023 was kr0.31 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aventura Group AB's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 57.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aventura Group AB's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was kr-3.20.


Aventura Group AB Accounts Receivable Historical Data

The historical data trend for Aventura Group AB'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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Aventura Group AB Accounts Receivable Chart

Aventura Group AB Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
4.96 5.14 8.29

Aventura Group AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.15 8.29 3.28 1.39 0.31

Aventura Group AB Accounts Receivable Calculation

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


Aventura Group AB 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.

Aventura Group AB's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.309/0.491*91
=57.43

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

Aventura Group AB's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.934+0.75 * 0.309+0.5 * 0-11.974
-0-0)/3.380
=-3.20

* 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.


Aventura Group AB Accounts Receivable Related Terms

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Aventura Group AB Business Description

Traded in Other Exchanges
N/A
Address
David Bagares gata 7, Stockholm, SWE, 111 36
Aventura Group AB is a digital brand and e-commerce group focused on the Chinese consumer market. Aventura Group develops and invests in brands with good potential in China and platforms for scaling brands in the market. Its current portfolio includes the subsidiaries Aventura, TicToc Ventures, Aurora Beauty and Headway B2B. The firm has offices in Stockholm, Shanghai, and Hong Kong.

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