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Candyking Holding AB (OSTO:CANDY) Accounts Receivable : kr308.00 Mil (As of Mar. 2015)


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What is Candyking Holding AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Candyking Holding AB's accounts receivables for the quarter that ended in Mar. 2015 was kr308.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Candyking Holding AB's Days Sales Outstanding for the quarter that ended in Mar. 2015 was 65.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Candyking Holding AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2015 was kr-100.17.


Candyking Holding AB Accounts Receivable Historical Data

The historical data trend for Candyking Holding 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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Candyking Holding AB Accounts Receivable Chart

Candyking Holding AB Annual Data
Trend Dec12 Dec13 Dec14
Accounts Receivable
201.68 172.35 178.22

Candyking Holding AB Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 263.50 176.70 219.80 178.22 308.00

Candyking Holding AB Accounts Receivable Calculation

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


Candyking Holding 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.

Candyking Holding AB's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=308/428.1*91
=65.65

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

Candyking Holding AB's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2015 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)
=(20.8+0.75 * 308+0.5 * 77.3-1301.2
-0-0)/10.09
=-100.17

* 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.


Candyking Holding AB Accounts Receivable Related Terms

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Candyking Holding AB Business Description

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Candyking Holding AB was founded in 1984. It is a supplier of pick & mix in the Nordic region, the UK and Ireland and has operations in Poland, the Czech Republic, Slovakia and Hungary. Candyking's confectionery concept and brands are Candyking, Karamellkungen, Premiyum and Candyking Favourites.

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