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FLOWSPARKS NV (XBRU:FLSP) Accounts Receivable : €3.31 Mil (As of Dec. 2023)


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What is FLOWSPARKS NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FLOWSPARKS NV's accounts receivables for the quarter that ended in Dec. 2023 was €3.31 Mil.

Accounts receivable can be measured by Days Sales Outstanding. FLOWSPARKS NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 63.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. FLOWSPARKS NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €0.47.


FLOWSPARKS NV Accounts Receivable Historical Data

The historical data trend for FLOWSPARKS 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.

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FLOWSPARKS NV Accounts Receivable Chart

FLOWSPARKS NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 1.71 2.79 2.79 3.31

FLOWSPARKS NV Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 1.79 1.71 2.79 2.79 3.31

FLOWSPARKS NV Accounts Receivable Calculation

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


FLOWSPARKS 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.

FLOWSPARKS NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.305/9.563*91
=63.07

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

FLOWSPARKS NV'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)
=(3.556+0.75 * 3.305+0.5 * 0.068-5.046
-0-0)/2.155
=0.47

* 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.


FLOWSPARKS NV Accounts Receivable Related Terms

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FLOWSPARKS NV Business Description

Traded in Other Exchanges
N/A
Address
Ottergemsesteenweg- Zuid 808, PO Box B545, Ghent, BEL, 9000
FLOWSPARKS NV is engaged in providing online educational services. The company provides SaaS solutions. It enables any content creator to design content based on its didactical templates, and use the output as a draft instead of starting from scratch. The company is designed to address the challenges faced by larger organizations, such as decentralizing content creation, easily creating and maintaining multilingual content, and seamlessly integrating with any standard HR tool. The company generates the majority of its revenue from SaaS-licences.

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