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Allego NV (FRA:JS9) Accounts Receivable : €47.2 Mil (As of Dec. 2023)


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What is Allego NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Allego NV's accounts receivables for the quarter that ended in Dec. 2023 was €47.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Allego NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 111.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Allego NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-1.71.


Allego NV Accounts Receivable Historical Data

The historical data trend for Allego NV'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.

Allego NV Accounts Receivable Chart

Allego NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 8.43 23.19 39.56 42.67 47.23

Allego NV Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 39.56 - 42.67 36.93 47.23

Allego NV Accounts Receivable Calculation

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


Allego NV 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.

Allego NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=47.228/77.242*91
=111.59

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

Allego NV's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(46.361+0.75 * 47.228+0.5 * 34.104-561.64
-0-0.361)/271.011
=-1.71

* 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.


Allego NV Accounts Receivable Related Terms

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Allego NV (FRA:JS9) Business Description

Traded in Other Exchanges
Address
Industriepark Kleefse Waard, Westervoortsedijk 73 KB, Arnhem, NLD, 6827 AV
Allego NV delivers charging solutions for electric cars, motors, buses, and trucks, for consumers, businesses, and cities. Its end-to-end charging solutions make it easier for companies and cities to deliver the infrastructure drivers need.

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