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Kardan NV (XAMS:KARD) Accounts Receivable : €19.29 Mil (As of Dec. 2022)


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What is Kardan NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kardan NV's accounts receivables for the quarter that ended in Dec. 2022 was €19.29 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kardan NV's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 37.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kardan NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €-2.29.


Kardan NV Accounts Receivable Historical Data

The historical data trend for Kardan NV'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.

Kardan NV Accounts Receivable Chart

Kardan NV 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 7.42 5.50 5.77 46.43 19.29

Kardan NV Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 7.42 5.50 5.77 46.43 19.29

Kardan NV Accounts Receivable Calculation

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


Kardan NV 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.

Kardan NV's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.286/94.383*91
=37.29

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

Kardan NV's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(16.55+0.75 * 19.286+0.5 * 5.88-330.175
-0--14.69)/123.022
=-2.29

* 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.


Kardan NV Accounts Receivable Related Terms

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Kardan NV (XAMS:KARD) Business Description

Traded in Other Exchanges
Address
Kingsfordweg 151, Amsterdam, NH, NLD, 1043
Kardan NV is an investment company. The company through its subsidiaries is engaged in the development of real estate in Asia. Real estate includes the development of residential apartments, mixed-use projects, and combination shopping centers with residential and small office apartments. The company reports in three segments that are: Real estate development, Water infrastructure and Investment property. The Real Estate - Investment Property segment includes the results of the operation of the Galleria Dalian shopping mall; the Real-Estate Development segment includes the results of the residential development of the Europark Dalian project and others.

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