Cortus Energy AB (OSTO:CE) Accounts Receivable: kr1.82 Mil (As of Dec. 2024)

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OSTO:CE Cortus Energy AB OSTO:CE
8 GF Score
Price kr0.18
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What is Cortus Energy AB Accounts Receivable?

Cortus Energy AB OSTO:CE 8 Accounts Receivable is kr1.82 Mil as of Dec. 2024. GuruFocus rates OSTO:CE with a GF Score™ of 8/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cortus Energy AB's accounts receivables for the quarter that ended in Dec. 2024 was kr1.82 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cortus Energy AB's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 108.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cortus Energy AB's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was kr-0.59.

Cortus Energy 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.

Cortus Energy AB's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.815/1.529*91
=108.32

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

Cortus Energy AB'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)
=(9.388+0.75 * 1.815+0.5 * 0-83.048
-0-0)/123.004
=-0.59

* 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.

Cortus Energy AB Accounts Receivable Related Terms

Cortus Energy AB Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Cortus Energy 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.

Cortus Energy AB Accounts Receivable Chart

Cortus Energy AB 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 0.00 0.02 0.00 1.25 1.82

Cortus Energy AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.25 2.86 1.58 2.10 1.82
OSTO:CE
8GF Score
Cortus Energy AB OSTO:CE
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cortus Energy AB Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of kr1.82 Mil mean?
Cortus Energy AB (OSTO:CE) has a Accounts Receivable of kr1.82 Mil as of Dec. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Cortus Energy AB and its competitors.
Is Cortus Energy AB's Accounts Receivable too high?
Cortus Energy AB's current Accounts Receivable is kr1.82 Mil. Overall, Cortus Energy AB has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cortus Energy AB's Accounts Receivable compare to CEG?
Cortus Energy AB's Accounts Receivable of kr1.82 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Utilities - Independent Power Producers company?
A good Accounts Receivable depends on the Utilities - Independent Power Producers industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Cortus Energy AB and its competitors. Cortus Energy AB's current Accounts Receivable is kr1.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cortus Energy AB stock overvalued right now?
Cortus Energy AB (OSTO:CE) has a current Accounts Receivable of kr1.82 Mil. The current Accounts Receivable is kr1.82 Mil. Cortus Energy AB's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Cortus Energy AB (OSTO:CE), the current Accounts Receivable is kr1.82 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cortus Energy AB Business Description

Address Isafjordsgatan 30C, 7th floor, Kista, SWE, 164 40
Cortus Energy AB provides cost-effective and renewable energy gas. It offers energy gas for power, industrial and transport applications.
8GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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