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Logwin AG (XTER:TGHN) Accounts Receivable : €147 Mil (As of Dec. 2023)


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What is Logwin AG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Logwin AG's accounts receivables for the quarter that ended in Dec. 2023 was €147 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Logwin AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 45.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Logwin AG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €29.47.


Logwin AG Accounts Receivable Historical Data

The historical data trend for Logwin 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.

Logwin AG Accounts Receivable Chart

Logwin AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.98 140.80 261.40 232.39 146.84

Logwin AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 261.40 296.30 232.39 164.37 146.84

Logwin AG Accounts Receivable Calculation

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


Logwin 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.

Logwin AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=146.839/584.544*91
=45.84

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

Logwin AG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(354.905+0.75 * 146.839+0.5 * 1.213-378.821
-0-1.964)/2.87922
=29.47

* 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.


Logwin AG Accounts Receivable Related Terms

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Logwin AG (XTER:TGHN) Business Description

Traded in Other Exchanges
Address
5, an de Langten, ZIR Potaschberg, Grevenmacher, LUX, L-6776
Logwin AG provides transport and logistics services. Its services cover sea freight, air freight, retail network, project logistics, air charter, and ship part logistics, warehousing, value-added services, efulfillment, and transport management. The company has Solutions and Air plus ocean business segments. Solution segment develops contract logistics solutions and offers industry-specific transport and logistics concepts to industrial engineering, automotive, chemicals, electronics, high tech, retail, and fashion companies. Air plus ocean segment manages international shipments through air and sea and related logistics services. Air plus ocean segment generates the majority of the revenues. Geographically, it derived maximum revenue from Germany.

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