GURUFOCUS.COM » STOCK LIST » Technology » Software » Sygnity SA (STU:CPN) » Definitions » Accounts Receivable

Sygnity (STU:CPN) Accounts Receivable : €6.09 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Sygnity Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sygnity's accounts receivables for the quarter that ended in Mar. 2024 was €6.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sygnity's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 38.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sygnity's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-0.42.


Sygnity Accounts Receivable Historical Data

The historical data trend for Sygnity'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.

Sygnity Accounts Receivable Chart

Sygnity Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.90 11.53 6.91 6.52 7.34

Sygnity Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 3.68 4.21 4.72 4.91 6.09

Sygnity Accounts Receivable Calculation

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


Sygnity 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.085/14.287*91
=38.86

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

Sygnity'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)
=(17.877+0.75 * 6.085+0.5 * 0.019-32.102
-0-0)/22.7242
=-0.42

* 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.


Sygnity Accounts Receivable Related Terms

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


Sygnity (STU:CPN) Business Description

Traded in Other Exchanges
Address
ul. Postepu 17B, Warszawa, POL, 02-676
Sygnity SA is an IT consulting company. The company serves banking; capital markets; energy; utility; retail and other industries. It generates revenue from Licences and software; Implementation services and Maintenance services.

Sygnity (STU:CPN) Headlines

From GuruFocus

David Einhorn Adds Calpine, Rite Aid, Amaya to Portfolio

By Sydnee Gatewood Sydnee Gatewood 08-16-2016

Bunny Portfolio Hops Into a Wall

By John Dorfman John Dorfman 12-09-2015

Bill Nygren Comment on Calpine Corporation

By guruek guruek 07-13-2010

If You Own Utility Stocks, Consider Selling the Overvalued Ones - Part 1

By Chuck Carnevale Chuck Carnevale 07-25-2012

Robert Bruce Exits Calpine, Agenus

By Tiziano Frateschi Tiziano Frateschi 05-23-2018

Weekly Insider Sells Highlight: CPN, INCY, GPK, CODE

By Jimmy Xiao gurujx 02-24-2014

David Einhorn Purchases Stake in Calpine

By Kyle Ferguson Kyle Ferguson 09-07-2016