GURUFOCUS.COM » STOCK LIST » Technology » Hardware » 2CRSI SA (XPAR:AL2SI) » Definitions » Accounts Receivable

2CRSI (XPAR:AL2SI) Accounts Receivable : €8.6 Mil (As of Aug. 2023)


View and export this data going back to 2018. Start your Free Trial

What is 2CRSI Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 2CRSI's accounts receivables for the quarter that ended in Aug. 2023 was €8.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 2CRSI's Days Sales Outstanding for the quarter that ended in Aug. 2023 was 181.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 2CRSI's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was €-1.45.


2CRSI Accounts Receivable Historical Data

The historical data trend for 2CRSI'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.

2CRSI Accounts Receivable Chart

2CRSI Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Feb21 Feb22
Accounts Receivable
Get a 7-Day Free Trial 1.38 4.61 37.30 27.13 28.19

2CRSI Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.85 28.19 31.45 23.74 8.61

2CRSI Accounts Receivable Calculation

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


2CRSI 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.

2CRSI's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.607/8.672*91
=181.13

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

2CRSI's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(0.094+0.75 * 8.607+0.5 * 11.597-33.23
-0-0)/14.4506
=-1.45

* 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.


2CRSI Accounts Receivable Related Terms

Thank you for viewing the detailed overview of 2CRSI's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


2CRSI (XPAR:AL2SI) Business Description

Traded in Other Exchanges
Address
32 rue Jacobi-Netter, Strasbourg, FRA, 67200
2CRSI SA is engaged in researching, designing and manufacturing servers and IT solutions. The company offers expertise in storage solutions, intensive computing, dedicated servers, converged systems and appliances.

2CRSI (XPAR:AL2SI) Headlines

No Headlines