GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Humble Group AB (STU:B39) » Definitions » Accounts Receivable

Humble Group AB (STU:B39) Accounts Receivable : €48.6 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Humble Group AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Humble Group AB's accounts receivables for the quarter that ended in Mar. 2024 was €48.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Humble Group AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 27.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Humble Group AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-0.54.


Humble Group AB Accounts Receivable Historical Data

The historical data trend for Humble 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.

Humble Group AB Accounts Receivable Chart

Humble Group 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 - 3.64 45.18 63.04 51.49

Humble Group 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 57.42 51.00 49.03 51.49 48.60

Humble Group AB Accounts Receivable Calculation

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


Humble 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.

Humble Group 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
=48.601/162.416*91
=27.31

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

Humble Group 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)
=(31.458+0.75 * 48.601+0.5 * 94.374-353.197
-0-0)/443.545
=-0.54

* 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.


Humble Group AB Accounts Receivable Related Terms

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


Humble Group AB (STU:B39) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Nytorgsgatan 17A, Stockholm, SWE, 116 22
Humble Group AB is a Swedish foodtech and FMCG group. Humble targets the foodtech, eco, sustainability and vegan segments to drive organic growth and acquisitions in the various business units: brands, distribution, manufacturing and ingredients, and R&D. Its technical solutions facilitate new formulations and recipes that improve the taste and consistency of the next generation of sugar-reduced, sustainable, and vegan products.

Humble Group AB (STU:B39) Headlines

No Headlines