KDM Shipping (WAR:KDM) Accounts Receivable: zł20.2 Mil (As of Jun. 2018)

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What is KDM Shipping Accounts Receivable?

KDM Shipping WAR:KDM Accounts Receivable is zł20.2 Mil as of Jun. 2018.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. KDM Shipping's accounts receivables for the quarter that ended in Jun. 2018 was zł20.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. KDM Shipping's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 60.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. KDM Shipping's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was zł9.00.

KDM Shipping 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.

KDM Shipping's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20.223/60.96*91
=60.54

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

KDM Shipping's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 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)
=(72.285+0.75 * 20.223+0.5 * 0.086-9.948
-0--6.12)/9.296
=9.00

* 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.

KDM Shipping Accounts Receivable Related Terms

KDM Shipping Accounts Receivable Historical Data

* Premium members only.

The historical data trend for KDM Shipping'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.

KDM Shipping Accounts Receivable Chart

KDM Shipping Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial 5.48 25.38 0.13 6.24 5.89

KDM Shipping Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 0.57 6.24 26.56 5.89 20.22

KDM Shipping Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of zł20.2 Mil mean?
KDM Shipping (WAR:KDM) has a Accounts Receivable of zł20.2 Mil as of Jun. 2018. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on KDM Shipping and its competitors.
Is KDM Shipping's Accounts Receivable too high?
KDM Shipping's current Accounts Receivable is zł20.2 Mil.
How does KDM Shipping's Accounts Receivable compare to ESEA and GLBS?
KDM Shipping's Accounts Receivable of zł20.2 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Transportation company?
A good Accounts Receivable depends on the Transportation industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on KDM Shipping and its competitors. KDM Shipping's current Accounts Receivable is zł20.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDM Shipping stock overvalued right now?
KDM Shipping (WAR:KDM) has a current Accounts Receivable of zł20.2 Mil. The current Accounts Receivable is zł20.2 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For KDM Shipping (WAR:KDM), the current Accounts Receivable is zł20.2 Mil as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

KDM Shipping Business Description

Address 3 Michael Koutsofta Street, Limassol, CYP, 3031
KDM Shipping PLC is engaged in the shipping industry. It mainly focuses on the bulk river-sea freight in the Black, Azov and Mediterranean Sea regions. In addition, it is engaged in cargo freight, ship repair, and trading in grain, corn, oil and barley. The principal cargo of the company includes Grain, Metal Scrap, Sunflower seed meal, Bran, Fertilizers, and Cement.