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Saunum Group AS (OTSE:SAUNA) Accounts Receivable : €0.83 Mil (As of Dec. 2024)


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What is Saunum Group AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Saunum Group AS's accounts receivables for the quarter that ended in Dec. 2024 was €0.83 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Saunum Group AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 95.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Saunum Group AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-0.86.


Saunum Group AS Accounts Receivable Historical Data

The historical data trend for Saunum Group AS'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.

Saunum Group AS Accounts Receivable Chart

Saunum Group AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 0.04 0.67 0.70 0.79 0.83

Saunum Group AS Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.70 0.85 0.79 0.54 0.83

Saunum Group AS Accounts Receivable Calculation

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


Saunum Group AS 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.

Saunum Group AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.827/1.575*91
=95.83

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

Saunum Group AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.007+0.75 * 0.827+0.5 * 0.895-2.315
-0-0)/1.438
=-0.86

* 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.


Saunum Group AS Accounts Receivable Related Terms

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Saunum Group AS Business Description

Traded in Other Exchanges
N/A
Address
?Suur-Paala 19, Harju county, Lasnamae District, Tallinn, EST, 11415
Saunum Group AS is an Estonian company that develops and manufactures unique indoor sauna air conditioners and heaters with patented technology in the world. The main activity is the development, production, and so on of the mentioned devices. The company's products include Heaters, Air conditioners, Control devices, and salt balls.

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