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Candles Scandinavia B (OSTO:CANDLE B) Accounts Receivable : kr12.8 Mil (As of Jan. 2024)


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What is Candles Scandinavia B Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Candles Scandinavia B's accounts receivables for the quarter that ended in Jan. 2024 was kr12.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Candles Scandinavia B's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 28.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Candles Scandinavia B's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was kr3.83.


Candles Scandinavia B Accounts Receivable Historical Data

The historical data trend for Candles Scandinavia B'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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Candles Scandinavia B Accounts Receivable Chart

Candles Scandinavia B Annual Data
Trend Apr20 Apr21 Apr22
Accounts Receivable
15.33 8.01 15.11

Candles Scandinavia B Quarterly Data
Apr20 Jul20 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 33.67 13.74 16.82 29.51 12.78

Candles Scandinavia B Accounts Receivable Calculation

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


Candles Scandinavia B 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.

Candles Scandinavia B's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.784/40.599*91
=28.73

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

Candles Scandinavia B'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)
=(22.774+0.75 * 12.784+0.5 * 50.849-24.665
-0-0)/8.65107
=3.83

* 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.


Candles Scandinavia B Accounts Receivable Related Terms

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Candles Scandinavia B (OSTO:CANDLE B) Business Description

Traded in Other Exchanges
N/A
Address
Cv-Gatan 38 B, Orebro, SWE, 703 82
Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.

Candles Scandinavia B (OSTO:CANDLE B) Headlines

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