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Hellenic Telecommunication Organization (ATH:HTO) Accounts Receivable : €566 Mil (As of Mar. 2024)


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What is Hellenic Telecommunication Organization Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hellenic Telecommunication Organization's accounts receivables for the quarter that ended in Mar. 2024 was €566 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hellenic Telecommunication Organization's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 58.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hellenic Telecommunication Organization's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-4.81.


Hellenic Telecommunication Organization Accounts Receivable Historical Data

The historical data trend for Hellenic Telecommunication Organization'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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Hellenic Telecommunication Organization Accounts Receivable Chart

Hellenic Telecommunication Organization Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 606.00 592.50 433.10 504.40 471.20

Hellenic Telecommunication Organization Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24
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 - 471.20 - 539.00 565.70

Hellenic Telecommunication Organization Accounts Receivable Calculation

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


Hellenic Telecommunication Organization 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.

Hellenic Telecommunication Organization's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=565.7/877.6*91
=58.82

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

Hellenic Telecommunication Organization'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)
=(573.6+0.75 * 565.7+0.5 * 61.7-3024.7
-0-0.5)/414.85
=-4.81

* 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.


Hellenic Telecommunication Organization Accounts Receivable Related Terms

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Hellenic Telecommunication Organization (ATH:HTO) Business Description

Traded in Other Exchanges
Address
99 Kifissias Avenue, Maroussi, Athens, GRC, 15124
Hellenic Telecommunication Organization is a telecommunications company that offers Internet access services, TV services, broadband, fixed-line services, and mobile telecommunication. The reportable segments of the company are as follows: 1) OTE is a provider of fixed-line services, internet access services, ICT services and TV services in Greece. 2) Cosmonote Group- Greece is a provider of mobile telecommunications, retail operations (shops) and customer services. 3) Telekom Romania Mobile is a provider of mobile telecommunications services in Romania. The majority of revenue earned by the company is from OTE segment.

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