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DFV Deutsche Familienversicherung AG (STU:DFV) Accounts Receivable : €38.0 Mil (As of Jun. 2023)


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What is DFV Deutsche Familienversicherung AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DFV Deutsche Familienversicherung AG's accounts receivables for the quarter that ended in Jun. 2023 was €38.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DFV Deutsche Familienversicherung AG's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 113.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DFV Deutsche Familienversicherung AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-9.25.


DFV Deutsche Familienversicherung AG Accounts Receivable Historical Data

The historical data trend for DFV Deutsche Familienversicherung AG'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.

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DFV Deutsche Familienversicherung AG Accounts Receivable Chart

DFV Deutsche Familienversicherung AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 1.26 1.83 2.21 2.45

DFV Deutsche Familienversicherung AG Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 2.05 2.21 2.26 2.45 37.98

DFV Deutsche Familienversicherung AG Accounts Receivable Calculation

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


DFV Deutsche Familienversicherung AG 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.

DFV Deutsche Familienversicherung AG's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=37.978/61.212*91
=113.23

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

DFV Deutsche Familienversicherung AG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(9.848+0.75 * 37.978+0.5 * 0-173.132
-0-0.084)/14.5878
=-9.25

* 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.


DFV Deutsche Familienversicherung AG Accounts Receivable Related Terms

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DFV Deutsche Familienversicherung AG (STU:DFV) Business Description

Traded in Other Exchanges
Address
Reuterweg 47, Frankfurt, DEU, 60323
DFV Deutsche Familienversicherung AG is an InsurTech company. As a digital insurance company, the company covers the entire value chain with its own products. The company's goal is to offer insurance products that people really need and understand immediately. The company offers its customers multiple supplementary health insurance (dental, health, and long-term care insurance) as well as property/casualty insurance. The company is developing the IT system in-house and is engaging the insurance industry with digital product designs throughout as well as the option of taking out policies via digital voice assistants. The Company sets new industry standards with its fully digitized product design and is the first insurance company to offer insurance contracts via Amazon Alexa.
Executives
Dr. Stefan M. Knoll Board of Directors

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