GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Firefly AB (OSTO:FIRE) » Definitions » Accounts Receivable

Firefly AB (OSTO:FIRE) Accounts Receivable : kr124.4 Mil (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Firefly AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Firefly AB's accounts receivables for the quarter that ended in Mar. 2024 was kr124.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Firefly AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 95.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Firefly AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr10.60.


Firefly AB Accounts Receivable Historical Data

The historical data trend for Firefly 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.

* Premium members only.

Firefly AB Accounts Receivable Chart

Firefly AB 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 41.17 44.19 58.15 74.88 99.30

Firefly AB 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 93.01 101.92 122.74 99.30 124.36

Firefly AB Accounts Receivable Calculation

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


Firefly 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=124.358/119.058*91
=95.31

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

Firefly AB'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)
=(63.396+0.75 * 124.358+0.5 * 104.984-145.57
-0-0)/6.0014
=10.60

* 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.


Firefly AB Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Firefly AB's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Firefly AB (OSTO:FIRE) Business Description

Traded in Other Exchanges
N/A
Address
Heliosgatan 3, Stockholm, SWE, 120 30
Firefly AB is a supplier of spark detection, fire and dust explosion protection systems in Sweden. The company develops, manufactures and sells high-tech systems, which detect and minimise the risk of fires and dust explosions. It has two business areas: Industrial applications and Infra systems. Industrial applications include customized fire prevention systems, which monitor industrial processes in areas such as tissue, food, woodworking, bioenergy, and recycling. The business area of Infra systems includes early fire detection in subway-, train-, road or cable tunnel systems by means of multiple-gas detection.

Firefly AB (OSTO:FIRE) Headlines

No Headlines