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RNWEY (REC Silicon ASA) Accounts Receivable : $12.0 Mil (As of Dec. 2024)


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What is REC Silicon ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. REC Silicon ASA's accounts receivables for the quarter that ended in Dec. 2024 was $12.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. REC Silicon ASA's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 36.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. REC Silicon ASA's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-1.23.


REC Silicon ASA Accounts Receivable Historical Data

The historical data trend for REC Silicon ASA'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.

REC Silicon ASA Accounts Receivable Chart

REC Silicon ASA 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 20.20 22.80 16.80 22.00 12.00

REC Silicon ASA 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 22.00 15.70 12.80 11.50 12.00

REC Silicon ASA Accounts Receivable Calculation

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


REC Silicon ASA 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.

REC Silicon ASA's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12/29.7*91
=36.87

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

REC Silicon ASA'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)
=(10.3+0.75 * 12+0.5 * 27.4-550.2
-0-0)/420.626
=-1.23

* 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.


REC Silicon ASA Accounts Receivable Related Terms

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REC Silicon ASA Business Description

Address
Lysaker Torg 5, 3. etg, PO Box 63, Lysaker, NOR, 1324
REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon, and Silicon gases. It operates in two segments, namely Solar Materials and Semiconductor Materials. The majority of the firm's revenue is generated through the Semiconductor Materials segment.

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