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Lyckegard Group AB (OSTO:LYGRD) Accounts Receivable : kr35.7 Mil (As of Mar. 2024)


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What is Lyckegard Group AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lyckegard Group AB's accounts receivables for the quarter that ended in Mar. 2024 was kr35.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lyckegard Group AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 78.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lyckegard Group AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-1.85.


Lyckegard Group AB Accounts Receivable Historical Data

The historical data trend for Lyckegard Group 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.

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Lyckegard Group AB Accounts Receivable Chart

Lyckegard Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.15 1.59 2.85 7.71 15.81

Lyckegard Group AB Quarterly Data
Dec19 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 16.33 39.88 21.64 15.81 35.74

Lyckegard Group AB Accounts Receivable Calculation

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


Lyckegard Group 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=35.74/41.591*91
=78.41

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

Lyckegard Group AB'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)
=(1.025+0.75 * 35.74+0.5 * 49.148-133.022
-0-0)/43.6568
=-1.85

* 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.


Lyckegard Group AB Accounts Receivable Related Terms

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Lyckegard Group AB (OSTO:LYGRD) Business Description

Traded in Other Exchanges
Address
Trollebergsvagen, Lund, SWE, 102-28
Lyckegard Group AB is an innovative company that strives towards sustainable agriculture through the reduced use of pesticides and fertilizers. The company develops and sells agricultural mechanical tools for weed control, tillage and sowing. The tools work mechanically, without chemicals, and use innovative methods and new cultivation strategies for more environmentally friendly agriculture. The products can be used by both organic and conventional farmers who want to reduce the use of pesticides and use modern cultivation strategies for increased yields.

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