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Solnaberg Property AB (OSTO:SOLNA) Accounts Receivable : kr0.14 Mil (As of Dec. 2023)


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What is Solnaberg Property AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Solnaberg Property AB's accounts receivables for the quarter that ended in Dec. 2023 was kr0.14 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Solnaberg Property AB's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Solnaberg Property AB's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was kr-154.50.


Solnaberg Property AB Accounts Receivable Historical Data

The historical data trend for Solnaberg Property 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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Solnaberg Property AB Accounts Receivable Chart

Solnaberg Property AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial - - - - 0.14

Solnaberg Property AB Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - 0.14

Solnaberg Property AB Accounts Receivable Calculation

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


Solnaberg Property 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.

Solnaberg Property AB's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.144/37.906*91
=0.69

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

Solnaberg Property AB's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(18.915+0.75 * 0.144+0.5 * 0-599.927
-0-0)/3.76
=-154.50

* 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.


Solnaberg Property AB Accounts Receivable Related Terms

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Solnaberg Property AB (OSTO:SOLNA) Business Description

Traded in Other Exchanges
N/A
Address
C/o Wilfast Forvaltning AB, Stora Badhusgatan 28A, Gothenburg, SWE, 411 21
Solnaberg Property AB is a Sweden-based company involved in the real estate sector. It owns the property Solna Bladet 3 which comprises four combined office buildings. The property is in Bergshamra, a district in eastern Solna.

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