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Resqunit AB (OSTO:RESQ) Accounts Receivable : kr0.00 Mil (As of Jun. 2023)


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What is Resqunit AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Resqunit AB's accounts receivables for the quarter that ended in Jun. 2023 was kr0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Resqunit AB's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Resqunit AB's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was kr-0.58.


Resqunit AB Accounts Receivable Historical Data

The historical data trend for Resqunit 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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Resqunit AB Accounts Receivable Chart

Resqunit AB Annual Data
Trend Dec21 Dec22
Accounts Receivable
- -

Resqunit AB Semi-Annual Data
Jun21 Jun22 Dec22 Jun23
Accounts Receivable - - - -

Resqunit AB Accounts Receivable Calculation

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


Resqunit 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.

Resqunit AB's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.588*91
=0.00

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

Resqunit AB's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(1.081+0.75 * 0+0.5 * 2.129-9.161
-0--0.079)/11.9883
=-0.58

* 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.


Resqunit AB Accounts Receivable Related Terms

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Resqunit AB (OSTO:RESQ) Business Description

Traded in Other Exchanges
N/A
Address
Grenseveien 21, Sandnes, NOR, 4313
Resqunit AB is an ocean tech company developing innovative equipment to disarm and retrieve lost fishing gear. Through sensor data collection and software, the company aims to increase knowledge about the oceans and increase catch predictability.

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