Sibek AB (publ) (OSTO:SIBEK) Accounts Receivable : kr15.2 Mil (As of Apr. 2023)

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What is Sibek AB (publ) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sibek AB (publ)'s accounts receivables for the quarter that ended in Apr. 2023 was kr15.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sibek AB (publ)'s Days Sales Outstanding for the quarter that ended in Apr. 2023 was 23.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sibek AB (publ)'s Net-Net Working Capital per share for the quarter that ended in Apr. 2023 was kr0.71.

Sibek AB (publ) Accounts Receivable Historical Data

The historical data trend for Sibek AB (publ)'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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Sibek AB (publ) Accounts Receivable Chart

Sibek AB (publ) Annual Data

Trend

Apr22

Apr23

Accounts Receivable

9.89

15.21

Sibek AB (publ) Semi-Annual Data
	Apr22	Apr23
Accounts Receivable	9.89	15.21

Sibek AB (publ) Accounts Receivable Calculation

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

Sibek AB (publ) 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.

Sibek AB (publ)'s Days Sales Outstanding for the quarter that ended in Apr. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	15.208	/	118.036	*	91
=	23.51

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

Sibek AB (publ)'s Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=	(18.487	+	0.75 * 15.208	+	0.5 * 0	-	22.631
-	0	-	0)	/	10.261
=	0.71

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.

Sibek AB (publ) Accounts Receivable Related Terms

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Sibek AB (publ) (OSTO:SIBEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sibek AB (publ) (OSTO:SIBEK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Polygonvagen 39, Taby, SWE, 187 66

Website

https://www.sibek.se

Sibek AB (publ) is a technology consultancy operating in infrastructure, specifically railways. The company specializes in the Swedish railway's signaling system. The single largest customer is the Swedish Transport Administration, followed by the Swedish Transport Administration (SL) within the Stockholm Region. This is followed by other actors operating within Swedish railways, such as contracting companies, signaling system suppliers and other technology consulting companies. The services the Company delivers can be mainly divided into: COMMISSIONING, PROJECTING, and PROJECT AND CONSTRUCTION MANAGEMENT.

Sibek AB (publ) (OSTO:SIBEK) Headlines

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