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Skandinaviska Enskilda Banken AB (OSTO:SEB A) Accounts Receivable : kr0 Mil (As of Mar. 2024)


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What is Skandinaviska Enskilda Banken AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Skandinaviska Enskilda Banken AB's accounts receivables for the quarter that ended in Mar. 2024 was kr0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Skandinaviska Enskilda Banken AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 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. Skandinaviska Enskilda Banken AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-1,572.62.


Skandinaviska Enskilda Banken AB Accounts Receivable Historical Data

The historical data trend for Skandinaviska Enskilda Banken 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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Skandinaviska Enskilda Banken AB Accounts Receivable Chart

Skandinaviska Enskilda Banken AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Skandinaviska Enskilda Banken AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Skandinaviska Enskilda Banken AB Accounts Receivable Calculation

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


Skandinaviska Enskilda Banken 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.

Skandinaviska Enskilda Banken 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
=0/20682*91
=0.00

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

Skandinaviska Enskilda Banken 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)
=(682052+0.75 * 0+0.5 * 0-3920697
-0-0)/2059.39
=-1,572.62

* 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.


Skandinaviska Enskilda Banken AB Accounts Receivable Related Terms

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Skandinaviska Enskilda Banken AB (OSTO:SEB A) Business Description

Address
Kungstradgardsgatan 8, Stockholm, SWE, SE-106 40
Skandinaviska Enskilda Banken is a Swedish universal bank with a strong focus on the corporate lending sector. The bank operates in the Nordics, the Baltics, Germany, and the United Kingdom but derives the majority of its operating profits from Sweden. SEB specializes in corporate lending, particularly to large corporations. Additionally, it serves large midcorporate and multinational companies, financial institutions, and about small and medium-size enterprises. It also serves about 4 million private customers in Sweden and the Baltics. The bank offers asset management, life insurance, and to a lesser extent private banking services to its clients.

Skandinaviska Enskilda Banken AB (OSTO:SEB A) Headlines

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