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Kobenhavns Lufthavne (OCSE:KBHL) Accounts Receivable : kr512 Mil (As of Mar. 2024)


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What is Kobenhavns Lufthavne Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kobenhavns Lufthavne's accounts receivables for the quarter that ended in Mar. 2024 was kr512 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kobenhavns Lufthavne's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 45.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kobenhavns Lufthavne's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-1,571.98.


Kobenhavns Lufthavne Accounts Receivable Historical Data

The historical data trend for Kobenhavns Lufthavne'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.

Kobenhavns Lufthavne Accounts Receivable Chart

Kobenhavns Lufthavne Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 427.70 156.50 449.00 295.00 389.00

Kobenhavns Lufthavne Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 300.00 368.00 418.00 389.00 512.00

Kobenhavns Lufthavne Accounts Receivable Calculation

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


Kobenhavns Lufthavne 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=512/1036*91
=45.10

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

Kobenhavns Lufthavne'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)
=(72+0.75 * 512+0.5 * 0-12201
-0-592)/7.84807
=-1,571.98

* 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.


Kobenhavns Lufthavne Accounts Receivable Related Terms

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Kobenhavns Lufthavne (OCSE:KBHL) Business Description

Traded in Other Exchanges
Address
Lufthavnsboulevarden 6, Kastrup, DNK, 2770
Kobenhavns Lufthavne formerly Copenhagen Airports A/S owns and operates Airports in Denmark. The company manages the infrastructure, buildings, and other services in the Kastrup and Roskilde airports. Copenhagen Airports divides its activities into two segments; Aeronautical and Non-aeronautical. Its majority of revenues are derived from the Aeronautical segment which comprises the operations and functions that the airports at Kastrup and Roskilde make available so that airlines can operate their flights, including facilities required for passengers to pass through these airports. The Non-aeronautical segment comprises the other facilities and services provided at the airports for passengers and others, including car-parking facilities, shops, restaurants, rest areas, lounges, and hotels.

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