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Arteche Lantegi Elekartea (XMAD:ART) Accounts Receivable : €50.3 Mil (As of Dec. 2023)


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What is Arteche Lantegi Elekartea Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Arteche Lantegi Elekartea's accounts receivables for the quarter that ended in Dec. 2023 was €50.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Arteche Lantegi Elekartea's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 43.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Arteche Lantegi Elekartea's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-1.98.


Arteche Lantegi Elekartea Accounts Receivable Historical Data

The historical data trend for Arteche Lantegi Elekartea'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.

Arteche Lantegi Elekartea Accounts Receivable Chart

Arteche Lantegi Elekartea Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
48.23 36.43 38.64 54.59 50.26

Arteche Lantegi Elekartea Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 38.64 47.95 54.59 55.58 50.26

Arteche Lantegi Elekartea Accounts Receivable Calculation

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


Arteche Lantegi Elekartea 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.

Arteche Lantegi Elekartea's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=50.26/213.21*91
=43.02

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

Arteche Lantegi Elekartea'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)
=(62.35+0.75 * 50.26+0.5 * 81.004-253.842
-0-0)/57.094
=-1.98

* 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.


Arteche Lantegi Elekartea Accounts Receivable Related Terms

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Arteche Lantegi Elekartea (XMAD:ART) Business Description

Traded in Other Exchanges
N/A
Address
Derio Bidea 28, Bizkaia, Mungia, ESP, 48100
Arteche Lantegi Elekartea SA is engaged in developing equipment and solutions for the electric power industry. The product portfolio of the company includes High voltage instrument transformers, Digital Instrument Transformers, Trip, supervision, and auxiliary relays, Medium voltage sensors, and Reclosers and switches among others.

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