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Paran Solar Lighting AB (XSAT:PARA BTA) Accounts Receivable : kr1.98 Mil (As of Mar. 2021)


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What is Paran Solar Lighting AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Paran Solar Lighting AB's accounts receivables for the quarter that ended in Mar. 2021 was kr1.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Paran Solar Lighting AB's Days Sales Outstanding for the quarter that ended in Mar. 2021 was 73.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Paran Solar Lighting AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2021 was kr2.06.


Paran Solar Lighting AB Accounts Receivable Historical Data

The historical data trend for Paran Solar Lighting 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.

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Paran Solar Lighting AB Accounts Receivable Chart

Paran Solar Lighting AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 2.26 1.95 1.90 0.56

Paran Solar Lighting AB Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 1.79 1.32 1.35 0.56 1.98

Paran Solar Lighting AB Accounts Receivable Calculation

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


Paran Solar Lighting 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.

Paran Solar Lighting AB's Days Sales Outstanding for the quarter that ended in Mar. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.979/2.463*91
=73.32

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

Paran Solar Lighting AB's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2021 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)
=(20.589+0.75 * 1.979+0.5 * 5.186-6.171
-0-0)/8.966
=2.06

* 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.


Paran Solar Lighting AB Accounts Receivable Related Terms

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Paran Solar Lighting AB Business Description

Traded in Other Exchanges
N/A
Address
Kampegatan 4C, Goteborg, SWE, 41104
Parans Solar Lighting AB is engaged in the development and sale of an environmental system that makes natural light available to indoor environments. Its products include receivers, cables, and luminaires.

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