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Storytel AB (OSTO:STORY B) Accounts Receivable : kr502 Mil (As of Mar. 2024)


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What is Storytel AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Storytel AB's accounts receivables for the quarter that ended in Mar. 2024 was kr502 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Storytel AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 51.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Storytel AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-13.30.


Storytel AB Accounts Receivable Historical Data

The historical data trend for Storytel 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.

Storytel AB Accounts Receivable Chart

Storytel AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 177.18 224.63 311.90 222.63 194.00

Storytel AB Quarterly Data
Jun19 Sep19 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 618.50 618.02 634.77 194.00 502.07

Storytel AB Accounts Receivable Calculation

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


Storytel 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.

Storytel 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
=502.074/891.886*91
=51.37

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

Storytel 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)
=(351.793+0.75 * 502.074+0.5 * 59.205-1716.17
-0-66.963)/77.1081
=-13.30

* 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.


Storytel AB Accounts Receivable Related Terms

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Storytel AB (OSTO:STORY B) Business Description

Traded in Other Exchanges
Address
Tryckerigatan 4, P.O. Box 24 167, Stockholm, SWE, SE-104 51
Storytel AB operates in the book and publishing sector. The Storytel organization comprises two divisions: Streaming and Publishing. Within the Streaming division, the company provides a subscription service for audio books and e-books under the Storytel and Mofibo brands, currently in Sweden, Denmark, Finland, Netherlands, USA and other countries. The Publishing division comprises Norstedts, Massolit, Kontentan, Telegram, the Danish publisher People's Press (adults), Raben and Sjogren and B. Wahlstroms (children and young adults), as well as Norstedts Kartor.

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