GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Grigeo Group AB (OVSE:GRG1L) » Definitions » Accounts Receivable

Grigeo Group AB (OVSE:GRG1L) Accounts Receivable : €27.6 Mil (As of Dec. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Grigeo Group AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Grigeo Group AB's accounts receivables for the quarter that ended in Dec. 2024 was €27.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Grigeo Group AB's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 45.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Grigeo Group AB's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-0.09.


Grigeo Group AB Accounts Receivable Historical Data

The historical data trend for Grigeo Group 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.

Grigeo Group AB Accounts Receivable Chart

Grigeo Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.13 22.34 23.90 21.02 27.56

Grigeo Group AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 21.02 23.33 24.24 24.97 27.56

Grigeo Group AB Accounts Receivable Calculation

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


Grigeo Group 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=27.556/54.82*91
=45.87

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

Grigeo Group AB'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)
=(8.845+0.75 * 27.556+0.5 * 20.21-50.75
-0-0.656)/131.400
=-0.09

* 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.


Grigeo Group AB Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Grigeo Group AB's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Grigeo Group AB Business Description

Traded in Other Exchanges
Address
Vilniaus Street 10, Grigiskes, Vilniaus, LTU, 27101
Grigeo Group AB is a Lithuania-based company. Along with its subsidiaries, it principally operates in the paper and wood industry. The group's business processes cover almost the entire processing cycle of wood and paper components from the tree up to the final product. Its product portfolio comprises hygienic papers such as napkins, tissues, paper towels, toilet and cleaning papers; containerboard; honeycomb paper core; corrugated cardboard and packaging; and hardboard. The Group has three reportable segments: paper and paper products, which generate maximum revenue, wood hardboards and wood products, and raw materials for corrugated cardboard and related products. Geographically, it generates maximum revenue from the European Union, followed by Lithuania, and Other countries.

Grigeo Group AB Headlines

No Headlines