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CHYBF (Cherry AB) Accounts Receivable : $4.86 Mil (As of Dec. 2018)


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What is Cherry AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cherry AB's accounts receivables for the quarter that ended in Dec. 2018 was $4.86 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cherry AB's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 4.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cherry AB's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-2.22.


Cherry AB Accounts Receivable Historical Data

The historical data trend for Cherry AB'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.

Cherry AB Accounts Receivable Chart

Cherry AB Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 3.15 6.48 6.62 4.86

Cherry AB Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 6.62 53.64 55.45 47.65 4.86

Cherry AB Accounts Receivable Calculation

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


Cherry AB 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.

Cherry AB's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.864/95.763*91
=4.63

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

Cherry AB's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 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)
=(63.081+0.75 * 4.864+0.5 * 0-279.805
-0-22.73)/106.126
=-2.22

* 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.


Cherry AB Accounts Receivable Related Terms

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Cherry AB Business Description

Traded in Other Exchanges
N/A
Address
Stureplan 19, Stockholm, SWE, 111 45
Cherry AB is a Sweden-based service company active in the gaming industry, with a focus on casino and Internet gaming. It operates in three segments, Online Gaming, Restaurant Casino, and Yggdrasil Gaming. The Online Gaming segment is operated through a site such as CherryCasino.com, EuroSlots.com, EuroLotto.com, SveaCasino.com, SuomiAutomaatti.com, SpilleAutomater.com while the Restaurant Casino segment consist of casino games such as blackjack and roulette and the Yggdrasil Gaming segment develops games for computers, tablets, and smartphones.

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