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Nordisk Bergteknik AB (OSTO:NORB B) Accounts Receivable : kr608 Mil (As of Jun. 2024)


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What is Nordisk Bergteknik AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nordisk Bergteknik AB's accounts receivables for the quarter that ended in Jun. 2024 was kr608 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nordisk Bergteknik AB's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 64.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nordisk Bergteknik AB's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was kr-30.30.


Nordisk Bergteknik AB Accounts Receivable Historical Data

The historical data trend for Nordisk Bergteknik 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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Nordisk Bergteknik AB Accounts Receivable Chart

Nordisk Bergteknik AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 132.30 206.00 311.80 543.30 549.90

Nordisk Bergteknik AB Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 555.80 669.30 549.90 515.60 608.20

Nordisk Bergteknik AB Accounts Receivable Calculation

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


Nordisk Bergteknik 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.

Nordisk Bergteknik AB's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=608.2/858.1*91
=64.68

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

Nordisk Bergteknik AB'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)
=(33.6+0.75 * 608.2+0.5 * 174.7-2311.2
-0-0)/57.2379
=-30.30

* 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.


Nordisk Bergteknik AB Accounts Receivable Related Terms

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Nordisk Bergteknik AB Business Description

Traded in Other Exchanges
Address
Östra Hamngatan 52, Gothenburg, SWE, 411 08
Nordisk Bergteknik AB's business concept is to offer contracting services in infrastructure to the construction mining and construction industries within selected niches in the Nordic countries. It operates in the two business areas of Rock Handling and Foundation Solutions, which in turn are reported in the three financial segments Foundation Sweden, Rock Sweden, and Rock Norway. It generates maximum revenue from the Rock Sweden segment. Its Majority of the revenue comes from Rock Sweden. Geographic areas are Sweden, Norway, Finland, and Other Countries where the majority of revenue comes from Sweden.

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