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Keywords Studios (STU:KS3) Accounts Receivable : €89.9 Mil (As of Dec. 2023)


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What is Keywords Studios Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Keywords Studios's accounts receivables for the quarter that ended in Dec. 2023 was €89.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Keywords Studios's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 41.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Keywords Studios's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-3.43.


Keywords Studios Accounts Receivable Historical Data

The historical data trend for Keywords Studios'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.

Keywords Studios Accounts Receivable Chart

Keywords Studios 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 43.24 47.83 68.07 81.56 89.94

Keywords Studios Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 68.07 88.39 81.56 95.04 89.94

Keywords Studios Accounts Receivable Calculation

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


Keywords Studios 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.

Keywords Studios's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=89.94/396.919*91
=41.35

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

Keywords Studios's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(59.862+0.75 * 89.94+0.5 * 0-398.036
-0-0)/78.8788
=-3.43

* 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.


Keywords Studios Accounts Receivable Related Terms

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Keywords Studios (STU:KS3) Business Description

Traded in Other Exchanges
Address
Whelan House, South County Business Park, Leopardstown, Dublin 18, IRL, D18 T9P8
Keywords Studios PLC provides technical services to the video game industry. It operates through three service segments based on its services: Create, Globalize and Engage. The company's geographical segments are Ireland, United States, United Kingdom, Canada, Switzerland, Japan, Italy, France, India, and Others.

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