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Nuvera Communications (Nuvera Communications) Accounts Receivable : $3.67 Mil (As of Mar. 2024)


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What is Nuvera Communications Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nuvera Communications's accounts receivables for the quarter that ended in Mar. 2024 was $3.67 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nuvera Communications's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 19.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nuvera Communications's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-28.13.


Nuvera Communications Accounts Receivable Historical Data

The historical data trend for Nuvera Communications'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.

Nuvera Communications Accounts Receivable Chart

Nuvera Communications 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 2.36 1.89 2.43 3.73 3.41

Nuvera Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 5.00 4.29 4.09 3.41 3.67

Nuvera Communications Accounts Receivable Calculation

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


Nuvera Communications 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.

Nuvera Communications's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.669/16.945*91
=19.76

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

Nuvera Communications'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)
=(0.208+0.75 * 3.669+0.5 * 32.485-163.58
-0-0)/5.13321
=-28.13

* 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.


Nuvera Communications Accounts Receivable Related Terms

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Nuvera Communications (Nuvera Communications) Business Description

Traded in Other Exchanges
N/A
Address
27 North Minnesota Street, New Ulm, MN, USA, 56073
Nuvera Communications Inc is a communications company. It provides Internet, digital TV, voice, and managed services such as web hosting and design, online file storage and others. It generates its revenue in the form of local services, network access, video, data, A-CAM/FUSF, and others. The company operates in the Communications Segment. The Communications Segment consists of voice, data and video communication services delivered to the customer over fiber communications network.
Executives
Glenn Zerbe officer: CEO/President 27 NORTH MINNESOTA STREET, NEW ULM MN 56073
Craig Steven Anderson officer: Chief Business Development Off P.O. BOX 697, NEW ULM MN 56073
James J Seifert director C/O BEMIS CO INC, 222 S. 9TH ST. #2300, MINNEAPOLIS MN 55402
Skillings Colleen R. director 36 WOODLAND DRIVE, NEW ULM MN 56073
Duane Lambrecht director
Wesley E Schultz director PO BOX 2000, 3905 DAKOTA STREET SW, ALEXANDRIA MN 56308
Suzanne M. Spellacy director 108 ALEXANDER COURT, MANKATO MN 56001
Barbara A Bornhoft officer: Vice President
Perry Meyer director RR 3 BOX 130, NEW ULM MN 56073
James P Jensen director
Curtis O. Kawlewski officer: CFO 3710 REED ROAD, ST, BONIFACIUS MN 55375
Dennis Miller director 18930 JASMINE ROAD, MANKATO MN 56001
Bill D Otis officer: CEO/President
Patricia L Matthews officer: Assistant Secretary
Mary Ellen Domeier director

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