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Fabryki Mebli Forte (WAR:FTE) Accounts Receivable : zł148.7 Mil (As of Dec. 2023)


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What is Fabryki Mebli Forte Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fabryki Mebli Forte's accounts receivables for the quarter that ended in Dec. 2023 was zł148.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fabryki Mebli Forte's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 48.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fabryki Mebli Forte's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was zł-11.83.


Fabryki Mebli Forte Accounts Receivable Historical Data

The historical data trend for Fabryki Mebli Forte'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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Fabryki Mebli Forte Accounts Receivable Chart

Fabryki Mebli Forte Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.91 160.05 93.80 125.52 141.64

Fabryki Mebli Forte Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 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 131.32 116.06 108.66 148.81 148.66

Fabryki Mebli Forte Accounts Receivable Calculation

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


Fabryki Mebli Forte 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.

Fabryki Mebli Forte's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=148.659/281.967*91
=48.11

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

Fabryki Mebli Forte'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)
=(33.039+0.75 * 148.659+0.5 * 204.587-527.754
-0-2.092)/23.9308
=-11.83

* 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.


Fabryki Mebli Forte Accounts Receivable Related Terms

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Fabryki Mebli Forte (WAR:FTE) Business Description

Traded in Other Exchanges
N/A
Address
ul. Biala 1, Ostrow Mazowiecka, POL, 07 - 300
Fabryki Mebli Forte SA is a manufacturer of furniture for self-assembly with a specialization in home, office, and kitchen furniture. Its product offerings include furniture systems for the lounge, dining room, bedroom, living room, sitting room, study, and children's room, as well as wall units, ready-made cabinets that can be put together in different arrangements, as well as customized kitchen projects. It has state-of-the-art manufacturing plants located in Ostrow Mazowiecka, Suwalki, Bialystok, and Hajnowka.

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