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Shelly Group SE (XBUL:SLYG) Accounts Receivable : лв62.1 Mil (As of Dec. 2024)


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What is Shelly Group SE Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shelly Group SE's accounts receivables for the quarter that ended in Dec. 2024 was лв62.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shelly Group SE's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 69.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shelly Group SE's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was лв3.46.


Shelly Group SE Accounts Receivable Historical Data

The historical data trend for Shelly Group SE'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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Shelly Group SE Accounts Receivable Chart

Shelly Group SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 13.95 12.41 19.78 43.08 62.07

Shelly Group SE Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 43.08 45.20 46.47 43.31 62.07

Shelly Group SE Accounts Receivable Calculation

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


Shelly Group SE 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.

Shelly Group SE's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=62.073/81.666*91
=69.36

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

Shelly Group SE's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(26.775+0.75 * 62.073+0.5 * 45.558-34.033
-0--0.53)/18.106
=3.46

* 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.


Shelly Group SE Accounts Receivable Related Terms

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Shelly Group SE Business Description

Traded in Other Exchanges
Address
53 Cherni Vrah Boulevard, Building 3, Lozenets Region, Sofia, BGR, 1407
Shelly Group SE is engaged in the acquisition, management, evaluation, and sale of participations in Bulgarian & foreign companies; acquisition, management, and sale of bonds; acquisition, evaluation, sale, and patents. It delivers innovation through designing, producing, and distributing high-quality IoT products. It group manages the business with electronic devices as one operating segment. Its products include Smartwatches, Tracker, and Home automation. It derives the majority of its revenue from the sale of smart devices.
Executives
Dimitar Dimitrov Chief Executive Officer (CEO)
Nikolay Martinov Board of Directors