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Enrad AB (XSAT:ENRAD) Accounts Receivable : kr11.13 Mil (As of Dec. 2024)


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What is Enrad AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Enrad AB's accounts receivables for the quarter that ended in Dec. 2024 was kr11.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Enrad AB's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 68.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Enrad AB's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was kr0.14.


Enrad AB Accounts Receivable Historical Data

The historical data trend for Enrad AB'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.

Enrad AB Accounts Receivable Chart

Enrad AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.20 2.08 7.68 7.28 11.13

Enrad AB 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 7.28 4.79 12.07 8.51 11.13

Enrad AB Accounts Receivable Calculation

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


Enrad AB 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.

Enrad AB's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.129/14.816*91
=68.54

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

Enrad AB'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)
=(4.699+0.75 * 11.129+0.5 * 15.183-17.098
-0-0)/24.412
=0.14

* 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.


Enrad AB Accounts Receivable Related Terms

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Enrad AB Business Description

Traded in Other Exchanges
N/A
Address
Verkstadsgatan 10, Boras, SWE, 504 62
Enrad AB manufactures environmentally friendly energy solutions as well as installation. The company has developed a patented technology, which reduces the energy consumption for cooling and heating systems. Its product consists of two parts: an advanced control system and a modular liquid cooling unit. Its control system controls the compressors, circulation pumps and coolant fans for optimal operation and adapts the cooling systems to the real need.

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