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DLB Anlageservice AG (STU:DLB) Accounts Receivable : €0.00 Mil (As of Dec. 2022)


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What is DLB Anlageservice AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DLB Anlageservice AG's accounts receivables for the quarter that ended in Dec. 2022 was €0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DLB Anlageservice AG's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DLB Anlageservice AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €0.93.


DLB Anlageservice AG Accounts Receivable Historical Data

The historical data trend for DLB Anlageservice 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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DLB Anlageservice AG Accounts Receivable Chart

DLB Anlageservice AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
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DLB Anlageservice AG Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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DLB Anlageservice AG Accounts Receivable Calculation

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


DLB Anlageservice 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.

DLB Anlageservice AG's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.209*91
=0.00

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

DLB Anlageservice AG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(0.55+0.75 * 0+0.5 * 0-0.085
-0-0)/0.5
=0.93

* 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.


DLB Anlageservice AG Accounts Receivable Related Terms

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DLB Anlageservice AG (STU:DLB) Business Description

Traded in Other Exchanges
N/A
Address
Gogel 3, PO Box 11 44, Steingaden, DEU, D-86989
DLB Anlageservice AG is an investment company operating in Germany.
Executives
Michael Höfer Board of Directors