LED iBond International A/S (OCSE:LEDIBOND) Accounts Receivable : kr0.94 Mil (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is LED iBond International A/S Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LED iBond International A/S's accounts receivables for the quarter that ended in Mar. 2024 was kr0.94 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LED iBond International A/S's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 44.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LED iBond International A/S's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-0.41.

LED iBond International A/S Accounts Receivable Historical Data

The historical data trend for LED iBond International 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.

* Premium members only.

LED iBond International A/S Accounts Receivable Chart

LED iBond International A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

0.82

1.92

2.48

1.12

0.27

LED iBond International A/S 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															0.80	0.28	0.08	0.27	0.94

LED iBond International A/S Accounts Receivable Calculation

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

LED iBond International 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.

LED iBond International A/S's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.936	/	1.941	*	91
=	44.00

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

LED iBond International A/S'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)
=	(1.388	+	0.75 * 0.936	+	0.5 * 2.574	-	19.172
-	0	-	0.01)	/	38.708
=	-0.41

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.

LED iBond International A/S Accounts Receivable Related Terms

Thank you for viewing the detailed overview of LED iBond International A/S's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

LED iBond International A/S (OCSE:LEDIBOND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LED iBond International A/S (OCSE:LEDIBOND) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Agern Alle 5A, Horsholm, DNK, 2970

Website

https://www.ledibond.com

LED iBond International A/S is a Danish technology company that offers solutions for integrating light and data, based on its deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED, offering a value proposition combining total design flexibility, full IoT integration, and low total costs of ownership. Its technology has been deployed in many projects, ranging from intelligent shelf lighting to large-scale indoor illumination projects such as the installation of 3.2 kilometers of Tracy, the company's flagship product, at DTU, the Technical University of Denmark.

LED iBond International A/S (OCSE:LEDIBOND) Headlines

No Headlines