Karnell Group AB (OSTO:KARNEL B) Accounts Receivable : kr207.1 Mil (As of Mar. 2024)

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What is Karnell Group AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Karnell Group AB's accounts receivables for the quarter that ended in Mar. 2024 was kr207.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Karnell Group AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 65.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Karnell Group AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-5.52.

Karnell Group AB Accounts Receivable Historical Data

The historical data trend for Karnell 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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Karnell Group AB Accounts Receivable Chart

Karnell Group AB Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

88.09

162.14

211.10

Karnell Group AB Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Accounts Receivable	88.09	162.14	-	211.10	207.10

Karnell Group AB Accounts Receivable Calculation

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

Karnell 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.

Karnell Group 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
=	207.1	/	287.9	*	91
=	65.64

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

Karnell Group 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)
=	(387.1	+	0.75 * 207.1	+	0.5 * 311.6	-	983.4
-	0	-	0)	/	51.671
=	-5.52

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.

Karnell Group AB Accounts Receivable Related Terms

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Karnell Group AB (OSTO:KARNEL B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Karnell Group AB (OSTO:KARNEL B) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Riddargatan 13D, Stockholm, SWE, 114 51

Website

https://www.karnell.se

Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

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