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Agat Ejendomme A/S (FRA:2TD) Accounts Receivable : €0.30 Mil (As of Jan. 2024)


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What is Agat Ejendomme A/S Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Agat Ejendomme A/S's accounts receivables for the quarter that ended in Jan. 2024 was €0.30 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Agat Ejendomme A/S's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 1.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Agat Ejendomme A/S's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was €-0.43.


Agat Ejendomme A/S Accounts Receivable Historical Data

The historical data trend for Agat Ejendomme A/S'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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Agat Ejendomme A/S Accounts Receivable Chart

Agat Ejendomme A/S Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.63 1.08 0.89 0.40 0.30

Agat Ejendomme A/S Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.40 0.82 0.30 0.59 0.30

Agat Ejendomme A/S Accounts Receivable Calculation

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


Agat Ejendomme A/S 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.

Agat Ejendomme A/S's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.295/23.333*91
=1.15

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

Agat Ejendomme A/S's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(6.172+0.75 * 0.295+0.5 * 29.975-71.891
-0-0)/117.783
=-0.43

* 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.


Agat Ejendomme A/S Accounts Receivable Related Terms

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Agat Ejendomme A/S (FRA:2TD) Business Description

Traded in Other Exchanges
Address
Vestre Havnepromenade 7, 3rd Floor, Aalborg, DNK, 9000
Agat Ejendomme A/S develops, builds and invests in properties that create value to the people who live, work and do their shopping in these properties. The properties developed by the company are either included in the company's property portfolio or sold to end-users or investors. The company's strategic focus is on the development of a diversified property portfolio in Denmark and on property development activities in Denmark. In terms of segments, the company is engaged in three business areas such as Real estate portfolio, Development activities, and Residual activities.

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