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Nordic Paper Holding AB (OSTO:NPAPER) Accounts Receivable : kr713 Mil (As of Mar. 2024)


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What is Nordic Paper Holding AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nordic Paper Holding AB's accounts receivables for the quarter that ended in Mar. 2024 was kr713 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nordic Paper Holding AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 53.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nordic Paper Holding AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-19.82.


Nordic Paper Holding AB Accounts Receivable Historical Data

The historical data trend for Nordic Paper Holding 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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Nordic Paper Holding AB Accounts Receivable Chart

Nordic Paper Holding AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 402.00 365.00 546.00 769.00 496.00

Nordic Paper Holding AB Quarterly Data
Dec18 Jun19 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 802.00 686.00 581.00 496.00 713.00

Nordic Paper Holding AB Accounts Receivable Calculation

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


Nordic Paper Holding 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.

Nordic Paper Holding 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
=713/1209*91
=53.81

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

Nordic Paper Holding 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)
=(307+0.75 * 713+0.5 * 604-2470
-0-0)/66.9088
=-19.82

* 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.


Nordic Paper Holding AB Accounts Receivable Related Terms

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Nordic Paper Holding AB (OSTO:NPAPER) Business Description

Traded in Other Exchanges
Address
Tullhusgatan 1B, Karlstad, SWE, 652 09
Nordic Paper Holding AB is a paper company operating in two segments; Kraft paper is used in many end-use applications, such as in products aimed at consumers, including carrier bags and food packaging, in packaging for building materials, and in multiple other industrial applications, and Greaseproof paper is a group of paper types that are characterized by a resistance to oil or grease and is mainly used in the food sector but also have a number of industrial applications. The company offers effective and environmentally responsible products and solutions within the Kraft Paper and Natural Greaseproof segments.

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