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Wolftank Group AG (WBO:WOLF) Accounts Receivable : €47.3 Mil (As of Jun. 2024)


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What is Wolftank Group AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wolftank Group AG's accounts receivables for the quarter that ended in Jun. 2024 was €47.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wolftank Group AG's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 139.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wolftank Group AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-7.81.


Wolftank Group AG Accounts Receivable Historical Data

The historical data trend for Wolftank Group 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.

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Wolftank Group AG Accounts Receivable Chart

Wolftank Group AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial - 21.96 23.89 20.48 42.38

Wolftank Group AG Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.57 20.48 21.44 42.38 47.33

Wolftank Group AG Accounts Receivable Calculation

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


Wolftank Group 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.

Wolftank Group AG's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=47.326/62.027*91
=139.25

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

Wolftank Group AG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(12.8+0.75 * 47.326+0.5 * 14.575-90.079
-0-6.753)/5.282
=-7.81

* 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.


Wolftank Group AG Accounts Receivable Related Terms

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Wolftank Group AG Business Description

Traded in Other Exchanges
Address
Grabenweg 58, Innsbruck, AUT, 6020
Wolftank Group AG is a technology partner around the world of energy and environmental solutions. The Group supports energy mobility and logistics projects that are efficient and good for the environment. It develops and implements technologies to decarbonize transport and build the infrastructure for zero-emission mobility, such as turnkey delivery of modular hydrogen and LNG refueling facilities. In the area of environmental solutions, the offering includes due diligence for environmental risks, customized services for soil and groundwater remediation, as well as recycling.
Executives
Markus Wenner Supervisory Board
Dr. Andreas Von Aufschnaiter Supervisory Board