Nerds On Site (FRA:3NS) Accounts Receivable : €0.20 Mil (As of Feb. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Nerds On Site Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nerds On Site's accounts receivables for the quarter that ended in Feb. 2024 was €0.20 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nerds On Site's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 9.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nerds On Site's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was €-0.02.

Nerds On Site Accounts Receivable Historical Data

The historical data trend for Nerds On Site'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.

Nerds On Site Accounts Receivable Chart

Nerds On Site Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Receivable

Get a 7-Day Free Trial

0.15

0.10

0.09

0.13

0.19

Nerds On Site Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Receivable	Get a 7-Day Free Trial															0.17	0.19	0.15	0.20	0.20

Nerds On Site Accounts Receivable Calculation

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

Nerds On Site 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.

Nerds On Site's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.195	/	1.893	*	91
=	9.40

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

Nerds On Site's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=	(0.108	+	0.75 * 0.195	+	0.5 * 0.057	-	1.681
-	0	-	0)	/	89.4111
=	-0.02

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.

Nerds On Site Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Nerds On Site's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Nerds On Site (FRA:3NS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nerds On Site Inc (FRA:3NS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

NOSUF:USA 3NS:Germany NERD:Canada

Address

4026 Meadowbrook Drive, Unit 120-121, London, ON, CAN, N6L 1C7

Website

https://www.nerdsonsite.com

Nerds On Site Inc provides mobile information technology (IT) support for small to medium-sized enterprises. Its services include computer set-up, network installation, tailored software services, and IT support. The company offers business solutions and residential services. The corporation oversees and retains a network of technically proficient and specially trained independent IT consultants (Consultants) to help clients by providing on-site, effective, consistent, and customized IT solutions. Its revenue is principally derived from service fees charged for consulting services performed by the consultants and the sale of off-the-shelf software, hardware, and related support.

Nerds On Site (FRA:3NS) Headlines

No Headlines