GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schmid Group NV (NAS:SHMD) » Definitions » Accounts Receivable

SHMD (Schmid Group NV) Accounts Receivable : $39.16 Mil (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Schmid Group NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Schmid Group NV's accounts receivables for the quarter that ended in Jun. 2024 was $39.16 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Schmid Group NV's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 223.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Schmid Group NV's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-3.25.

Schmid Group NV Accounts Receivable Historical Data

The historical data trend for Schmid Group NV'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.

Schmid Group NV Accounts Receivable Chart

Schmid Group NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
27.91 24.06 43.00 44.30

Schmid Group NV Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial - 43.00 37.68 44.30 39.16

Schmid Group NV Accounts Receivable Calculation

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

Schmid Group NV 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.

Schmid Group NV's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=39.159/31.97*91
=223.54

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

Schmid Group NV's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(3.241+0.75 * 39.159+0.5 * 17.799-180.78
-0-0.704)/43.062
=-3.25

* 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.

Schmid Group NV Accounts Receivable Related Terms

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

Schmid Group NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schmid Group NV (NAS:SHMD) » Definitions » Accounts Receivable
Comparable Companies
CRAWA CHMX NPWR TAYD HUHU HURC TWIN WFF OPTT HNOI XTER:SIE XPAR:SU ETN GEV PH OSTO:ATCO A ITW TSE:7011 XTER:ENR EMR
Traded in Other Exchanges
N/A
Address
Robert-Bosch-Street 32-36, Freudenstadt, BW, DEU, 72250
Website
https://www.schmid-group.com
Schmid Group NV is a global supplier of equipment, software and services for various industries such as printed circuit board (PCB), substrate manufacturing, photovoltaics, and glass and energy storage with a focus on the highest end of this market in terms of technology and performance. It focuses on a modular product portfolio of machinery to use in the manufacturing of high-end PCB equipment and semiconductor packaging devices which includes common flexible circuit fabrication techniques such as subtractive, semi-additive processes (SAP) and modified semi-additive processes (mSAP).

Schmid Group NV Headlines

From GuruFocus

SCHMID Group Takes Next Step Towards Advanced Packaging for Integrated Circuits with Glass Cores

By Marketwired • 05-28-2024