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The Naga Group AG (XTER:N4G) Accounts Receivable : €12.23 Mil (As of Jun. 2023)


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What is The Naga Group AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The Naga Group AG's accounts receivables for the quarter that ended in Jun. 2023 was €12.23 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The Naga Group AG's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 84.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The Naga Group AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-0.27.


The Naga Group AG Accounts Receivable Historical Data

The historical data trend for The Naga Group AG'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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The Naga Group AG Accounts Receivable Chart

The Naga Group AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 3.10 1.48 1.54 4.02 8.23

The Naga Group AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.54 4.02 8.81 8.23 12.23

The Naga Group AG Accounts Receivable Calculation

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


The Naga Group AG 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.

The Naga Group AG's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.231/26.573*91
=84.00

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

The Naga Group AG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(2.13+0.75 * 12.231+0.5 * 0-26.76
-0--1.042)/54.0479
=-0.27

* 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.


The Naga Group AG Accounts Receivable Related Terms

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The Naga Group AG (XTER:N4G) Business Description

Traded in Other Exchanges
Address
Hohe Bleichen 12, Hamburg, DEU, 20354
The Naga Group AG develops and markets disruptive applications in financial technology. Its products include NAGA Trader, NAGA Brokers, NAGA Virtual, NAGA Wallet, and NAGA Markets to trade with an EU licensed brokerage company. Its core business is an online brokerage and generates revenue from the same.
Executives
Qiang Liu Supervisory Board
Harald Patt Supervisory Board
Benjamin Jakub Bilski Board of Directors
Michalis Mylonas Board of Directors
Andreas Luecke Board of Directors
Hans-jochen Lorenzen Supervisory Board

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