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Mister Spex SE (XTER:MRX) Accounts Receivable : €1.2 Mil (As of Dec. 2024)


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What is Mister Spex SE Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mister Spex SE's accounts receivables for the quarter that ended in Dec. 2024 was €1.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mister Spex SE's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 2.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mister Spex SE's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-0.33.


Mister Spex SE Accounts Receivable Historical Data

The historical data trend for Mister Spex SE'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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Mister Spex SE Accounts Receivable Chart

Mister Spex SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 2.78 3.32 2.74 2.21 1.19

Mister Spex SE 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 2.21 0.85 0.26 0.90 1.19

Mister Spex SE Accounts Receivable Calculation

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


Mister Spex SE 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.

Mister Spex SE's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.188/40.264*91
=2.69

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

Mister Spex SE'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)
=(73.085+0.75 * 1.188+0.5 * 28.249-99.433
-0-0)/34.075
=-0.33

* 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.


Mister Spex SE Accounts Receivable Related Terms

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Mister Spex SE Business Description

Traded in Other Exchanges
Address
Hermann-Blankenstein-Strasse 24, Berlin, DEU, 10249
Mister Spex SE is a retail brand in Eye ware market in Europe engaged in the business of online opticians. The company offers products and additional services such as eye examinations for glasses and new adaptations and annual checks of contact lenses. It has a regional segment, which is German and international, and the majority of the revenue comes from Germany. The products of company are Sunglasses, Prescription Sunglasses, and Contact lenses.
Executives
Stephan Schulz-gohritz Board of Directors
Nicola Brandolese Supervisory Board
Dirk Graber Board of Directors
Dr. Mirko Caspar Board of Directors
Tobias Krauss Supervisory Board
Birgit Kretschmer Supervisory Board