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Spielvgg Unterhaching KGAA (XTER:S6P) Accounts Receivable : €5.26 Mil (As of Jun. 2022)


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What is Spielvgg Unterhaching KGAA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Spielvgg Unterhaching KGAA's accounts receivables for the quarter that ended in Jun. 2022 was €5.26 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Spielvgg Unterhaching KGAA's Days Sales Outstanding for the quarter that ended in Jun. 2022 was 129.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Spielvgg Unterhaching KGAA's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was €-1.96.


Spielvgg Unterhaching KGAA Accounts Receivable Historical Data

The historical data trend for Spielvgg Unterhaching KGAA'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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Spielvgg Unterhaching KGAA Accounts Receivable Chart

Spielvgg Unterhaching KGAA Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
0.49 0.42 0.26 5.26 0.15

Spielvgg Unterhaching KGAA Semi-Annual Data
Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
Accounts Receivable Get a 7-Day Free Trial 0.58 0.26 0.31 5.26 0.15

Spielvgg Unterhaching KGAA Accounts Receivable Calculation

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


Spielvgg Unterhaching KGAA 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.

Spielvgg Unterhaching KGAA's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.264/7.416*91
=129.54

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

Spielvgg Unterhaching KGAA's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 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)
=(0.019+0.75 * 5.264+0.5 * 0.027-11.725
-0-0)/3.94288
=-1.96

* 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.


Spielvgg Unterhaching KGAA Accounts Receivable Related Terms

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Spielvgg Unterhaching KGAA (XTER:S6P) Business Description

Traded in Other Exchanges
Address
Am Sportpark 9, Unterhaching, Munich, DEU, 82008
Spielvgg Unterhaching KGAA is a Germany based company engaged in maintenance and financing of amateur and youth football operations.

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