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ELQ Spolka Akcyjna (WAR:ELQ) Accounts Receivable : zł5.82 Mil (As of Mar. 2024)


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What is ELQ Spolka Akcyjna Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ELQ Spolka Akcyjna's accounts receivables for the quarter that ended in Mar. 2024 was zł5.82 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ELQ Spolka Akcyjna's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 33.80.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ELQ Spolka Akcyjna's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was zł-0.20.


ELQ Spolka Akcyjna Accounts Receivable Historical Data

The historical data trend for ELQ Spolka Akcyjna'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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ELQ Spolka Akcyjna Accounts Receivable Chart

ELQ Spolka Akcyjna 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 1.86 1.52 2.21 1.50 3.68

ELQ Spolka Akcyjna Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 3.68 - - 5.57 5.82

ELQ Spolka Akcyjna Accounts Receivable Calculation

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


ELQ Spolka Akcyjna 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.

ELQ Spolka Akcyjna's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.822/15.72*91
=33.80

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

ELQ Spolka Akcyjna's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.519+0.75 * 5.822+0.5 * 31.388-40.275
-0-0)/100
=-0.20

* 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.


ELQ Spolka Akcyjna Accounts Receivable Related Terms

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ELQ Spolka Akcyjna (WAR:ELQ) Business Description

Traded in Other Exchanges
Address
ulica Jagiellonska 81/83, Czestochowa, POL, 42-200
ELQ Spolka Akcyjna manufactures prefabricated transformer stations MV / LV Cabinet of concrete and metal. The company supplies, installs and commissions power devices in the area of the secondary distribution of electricity. Its products include SN switchboard Ma20, ELQUSIM station 20/630 Mkb, SOLAR station IG 20/1000, station SOLAR IP 20/630 and station 20/250.

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