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Sonne + Wind Beteiligungen AG (STU:SYW) Accounts Receivable : €0.11 Mil (As of Dec. 2013)


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What is Sonne + Wind Beteiligungen AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sonne + Wind Beteiligungen AG's accounts receivables for the quarter that ended in Dec. 2013 was €0.11 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. Sonne + Wind Beteiligungen AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2013 was €-0.01.


Sonne + Wind Beteiligungen AG Accounts Receivable Historical Data

The historical data trend for Sonne + Wind Beteiligungen 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.

* Premium members only.

Sonne + Wind Beteiligungen AG Accounts Receivable Chart

Sonne + Wind Beteiligungen AG Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Accounts Receivable
0.11 0.11 0.11 0.03

Sonne + Wind Beteiligungen AG Semi-Annual Data
Jun08 Jun09 Jun10 Dec11 Jun12 Dec12 Jun13 Dec13 Dec14
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - 0.11 0.11 0.11 0.03

Sonne + Wind Beteiligungen AG Accounts Receivable Calculation

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


Sonne + Wind Beteiligungen 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.

Sonne + Wind Beteiligungen AG's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.113/0*91
=

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

Sonne + Wind Beteiligungen AG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2013 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)
=(0.008+0.75 * 0.113+0.5 * 0-0.199
-0-0)/8.27954
=-0.01

* 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.


Sonne + Wind Beteiligungen AG Accounts Receivable Related Terms

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Sonne + Wind Beteiligungen AG (STU:SYW) Business Description

Traded in Other Exchanges
N/A
Address
Bundesallee 171, Berlin, DEU, 10715
Sonne + Wind Beteiligungen AG is capital investment company. It is engaged in acquiring or investing in small-to-medium sized businesses in the alternative & renewable energy technologies sector like, photovoltaics, solar power, wind energy, fuel cells, hydropower & biomass. It focuses on energy industry.

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