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Realtime Technology AG (XTER:R1T) Accounts Receivable : €27.54 Mil (As of Jun. 2014)


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What is Realtime Technology AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Realtime Technology AG's accounts receivables for the quarter that ended in Jun. 2014 was €27.54 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Realtime Technology AG's Days Sales Outstanding for the quarter that ended in Jun. 2014 was 134.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Realtime Technology AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2014 was €2.66.


Realtime Technology AG Accounts Receivable Historical Data

The historical data trend for Realtime Technology 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.

* Premium members only.

Realtime Technology AG Accounts Receivable Chart

Realtime Technology AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Accounts Receivable
9.99 13.54 22.13 23.60

Realtime Technology AG Semi-Annual Data
Jun08 Jun09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 14.27 22.13 28.36 23.60 27.54

Realtime Technology AG Accounts Receivable Calculation

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


Realtime Technology 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.

Realtime Technology AG's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=27.539/37.383*91
=134.44

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

Realtime Technology AG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2014 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)
=(12.715+0.75 * 27.539+0.5 * 0-20.659
-0-0)/4.780
=2.66

* 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.


Realtime Technology AG Accounts Receivable Related Terms

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Realtime Technology AG (XTER:R1T) Business Description

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Realtime Technology AG provides 3D real-time visualization software and services to customers in automotive, aircraft, and consumer goods industries. Its solutions include RTT DeltaGen, RTT DeltaPix, RTT DeltaTex, and RTT DeltaView, among others.

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