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Candela Invest (XBRU:CAND) Accounts Receivable : €3.05 Mil (As of Jun. 2023)


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What is Candela Invest Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Candela Invest's accounts receivables for the quarter that ended in Jun. 2023 was €3.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Candela Invest's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 151.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Candela Invest's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-2.44.


Candela Invest Accounts Receivable Historical Data

The historical data trend for Candela Invest'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.

Candela Invest Accounts Receivable Chart

Candela Invest Annual Data
Trend Jul10 Jul11 Jul12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 6.45 4.54 4.06 1.82 1.66

Candela Invest Semi-Annual Data
Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.86 1.82 3.11 1.66 3.05

Candela Invest Accounts Receivable Calculation

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


Candela Invest 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.

Candela Invest's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.052/3.68*91
=151.36

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

Candela Invest's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(3.661+0.75 * 3.052+0.5 * 0.894-9.02
-0-0)/1.07636
=-2.44

* 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.


Candela Invest Accounts Receivable Related Terms

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Candela Invest (XBRU:CAND) Business Description

Traded in Other Exchanges
N/A
Address
The Crescent, Lenniksebaan 451 bus 32, Anderlecht, Bruxelles, BEL, 1070
Candela Invest SA is a sector fund company that focuses on the acquisition of industrial lighting sector and production of waterproof luminaires. Its main objective is the acquisition, active management and disposal of potential.

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