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Evendo AB (XSAT:EVENDO B) Accounts Receivable : kr2.83 Mil (As of Mar. 2018)


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What is Evendo AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Evendo AB's accounts receivables for the quarter that ended in Mar. 2018 was kr2.83 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Evendo AB's Days Sales Outstanding for the quarter that ended in Mar. 2018 was 191.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Evendo AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2018 was kr-0.04.


Evendo AB Accounts Receivable Historical Data

The historical data trend for Evendo 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.

Evendo AB Accounts Receivable Chart

Evendo AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Accounts Receivable
0.75 0.79 1.41 2.36

Evendo AB Quarterly Data
Dec14 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 2.44 2.66 2.36 2.83

Evendo AB Accounts Receivable Calculation

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


Evendo 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.

Evendo AB's Days Sales Outstanding for the quarter that ended in Mar. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.828/1.351*91
=191.01

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

Evendo AB's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2018 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)
=(0.371+0.75 * 2.828+0.5 * 0-18.36
-0-0)/406.877
=-0.04

* 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.


Evendo AB Accounts Receivable Related Terms

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Evendo AB (XSAT:EVENDO B) Business Description

Traded in Other Exchanges
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Adonnews Sweden AB, formerly known as Mobile Loyalty Holding AB is a media technology company. The company's product ADONnews business system enables news media and web sites to meet the needs of Small and medium enterprises to reach their local customers through the computer, tablet and mobile phone in an easy and cost-effective way.

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