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Hermana Holding ASA (FRA:OF30) Accounts Receivable : €7.69 Mil (As of Sep. 2024)


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What is Hermana Holding ASA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hermana Holding ASA's accounts receivables for the quarter that ended in Sep. 2024 was €7.69 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hermana Holding ASA's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €0.55.

Hermana Holding ASA Accounts Receivable Historical Data

The historical data trend for Hermana Holding ASA'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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Hermana Holding ASA Accounts Receivable Chart

Hermana Holding ASA Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
- - -

Hermana Holding ASA Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
Accounts Receivable Get a 7-Day Free Trial - - - 8.14 7.69

Hermana Holding ASA Accounts Receivable Calculation

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

Hermana Holding ASA 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.

Hermana Holding ASA's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.693/0*91
=

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

Hermana Holding ASA's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(1.595+0.75 * 7.693+0.5 * 0-0.042
-0-0)/13.419
=0.55

* 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.

Hermana Holding ASA Accounts Receivable Related Terms

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Hermana Holding ASA Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hermana Holding ASA (FRA:OF30) » Definitions » Accounts Receivable
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HERMA:Norway
Address
Karenslyst alle 6, Oslo, NOR, 0278
Website
https://www.hermanaholding.com
Hermana Holding ASA is a Norway-based company. The Company's principal business is to hold, manage and operate certain Royalties, and its business scope is defined as acquiring and owning shares or interests in other companies, trading in financial instruments (particularly Royalties or Streams) as well as closely related instruments/concepts. The Company aims to expand its Royalty business model, assessing opportunities to secure a share of an asset's future revenue stream.

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