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Rederiaktiebolaget Gotland (OSTO:GOTL A) Accounts Receivable : kr99 Mil (As of Jun. 2024)


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What is Rederiaktiebolaget Gotland Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rederiaktiebolaget Gotland's accounts receivables for the quarter that ended in Jun. 2024 was kr99 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rederiaktiebolaget Gotland's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 14.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rederiaktiebolaget Gotland's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was kr1,233.00.


Rederiaktiebolaget Gotland Accounts Receivable Historical Data

The historical data trend for Rederiaktiebolaget Gotland'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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Rederiaktiebolaget Gotland Accounts Receivable Chart

Rederiaktiebolaget Gotland Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - 69.99 42.31 40.56

Rederiaktiebolaget Gotland Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 72.70 51.00 40.56 81.80 99.00

Rederiaktiebolaget Gotland Accounts Receivable Calculation

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


Rederiaktiebolaget Gotland 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.

Rederiaktiebolaget Gotland's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=99/604.1*91
=14.95

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

Rederiaktiebolaget Gotland's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(4296.5+0.75 * 99+0.5 * 22.5-1297.8
-0-1.7)/2.5
=1,233.00

* 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.


Rederiaktiebolaget Gotland Accounts Receivable Related Terms

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Rederiaktiebolaget Gotland Business Description

Traded in Other Exchanges
Address
Hamngatan 1, Visby, SWE, 621 22
Rederiaktiebolaget Gotland is a shipping Company that operates in Baltic Sea region, runs a hotel business operations and invests in the restructuring of shipping and new technologies.

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