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Sectra AB (OSTO:SECT B) Accounts Receivable : kr494 Mil (As of Jan. 2024)


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What is Sectra AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sectra AB's accounts receivables for the quarter that ended in Jan. 2024 was kr494 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sectra AB's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 64.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sectra AB's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was kr-1.93.


Sectra AB Accounts Receivable Historical Data

The historical data trend for Sectra 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.

* Premium members only.

Sectra AB Accounts Receivable Chart

Sectra AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 258.91 276.09 236.33 339.65 386.15

Sectra AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 362.62 386.15 431.69 545.06 493.65

Sectra AB Accounts Receivable Calculation

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


Sectra 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.

Sectra AB's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=493.648/694.041*91
=64.90

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

Sectra AB's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(688.775+0.75 * 493.648+0.5 * 0-1431.606
-0-0)/192.667
=-1.93

* 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.


Sectra AB Accounts Receivable Related Terms

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Sectra AB (OSTO:SECT B) Business Description

Traded in Other Exchanges
Address
Teknikringen 20, Linkoping, SWE, SE-583 30
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from Sweden and also has a presence in the Netherlands; the United Kingdom, and the Rest of Europe.

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