CompuGroup Medical SE KgaA (XTER:COP) Accounts Receivable : €216 Mil (As of Mar. 2024)

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What is CompuGroup Medical SE KgaA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CompuGroup Medical SE KgaA's accounts receivables for the quarter that ended in Mar. 2024 was €216 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CompuGroup Medical SE KgaA's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 69.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CompuGroup Medical SE KgaA's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-19.64.

CompuGroup Medical SE KgaA Accounts Receivable Historical Data

The historical data trend for CompuGroup Medical SE KgaA'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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CompuGroup Medical SE KgaA Accounts Receivable Chart

CompuGroup Medical SE KgaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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102.98

137.20

147.23

189.44

175.46

CompuGroup Medical SE KgaA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															187.65	175.28	176.51	175.46	216.16

CompuGroup Medical SE KgaA Accounts Receivable Calculation

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

CompuGroup Medical SE KgaA 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.

CompuGroup Medical SE KgaA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	216.162	/	284.624	*	91
=	69.30

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

CompuGroup Medical SE KgaA's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(123.599	+	0.75 * 216.162	+	0.5 * 16.763	-	1316.889
-	0	-	1.467)	/	52.159
=	-19.64

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.

CompuGroup Medical SE KgaA Accounts Receivable Related Terms

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CompuGroup Medical SE KgaA (XTER:COP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CompuGroup Medical SE & Co KgaA (XTER:COP) » Definitions » Accounts Receivable

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Traded in Other Exchanges

CMPUY:USA COPd:UK 0MSD:UK COP:Austria

Address

Maria Trost 21, Koblenz, DEU, 56070

Website

https://www.cgm.com

CompuGroup Medical SE & Co KgaA provides electronic health solutions to healthcare providers through four segments: Ambulatory information systems, Pharmacy information systems, Hospital information systems, and Consumer and Health Management Information Systems. The Ambulatory information systems segment contributes to the majority of revenue and provides practice management software and electronic medical record management. Pharmacy information systems provide clinical, administrative, and financial software for retail pharmacies. The Hospital information systems segment sells its solutions to in-patient centers. Consumer and Health Management Information Systems offers networking service connect providers and other market participants.

Executives

Michael Rauch	Managing director of the general partner of the issuer
Emanuele Mugnani	Managing director of the general partner of the issuer
Frank Gotthardt	Chairman of Administrative Board of CompuGroup Medical Management SE
Prof. (apl.) Dr. Med Daniel Gotthardt	Member of the Administrative Board of CompuGroup Medical Management SE
Hannes Reichl	Managing director of the general partner of the issuer
Dr. Eckart Pech	Managing director of the general partner of the issuer
Dr. Dirk Wössner	CEO, Managing director of the general partner of the issuer
Dr. Ralph Körfgen	Managing director of the general partner of the issuer